Garmin (GRMN) EBT (2009 - 2026)
Garmin's (GRMN) quarterly EBT came in at $472.5 million in Q1 2026, up 21.45% year-on-year from $389.1 million in Q1 2025, and down 25.63% quarter-over-quarter from $635.4 million in Q4 2025.
Garmin (GRMN) EBT (2009 - 2026) Analysis & Trends
Garmin has disclosed EBT across 18 years of filings, most recently posting $472.5 million for Q1 2026.
- EBT for Q1 2026 came in at $472.5 million, up 21.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 19.38% YoY), and the FY2025 annual result was $2.0 billion, up 18.82% from the prior year.
- EBT came in at $472.5 million for Q1 2026 at Garmin, down from $635.4 million in the prior quarter.
- In the past five years, EBT ranged from a high of $635.4 million in Q4 2025 to a low of $220.3 million in Q3 2022.
- The 5-year median for EBT is $366.0 million (2024), against an average of $379.3 million.
- Across the five-year window, EBT declined 25.02% in 2022 and surged 73.93% in 2024, its largest moves.
- Garmin's EBT stood at $329.9 million in 2022, then rose by 16.12% to $383.0 million in 2023, then soared by 34.75% to $516.1 million in 2024, then grew by 23.1% to $635.4 million in 2025, then retreated by 25.63% to $472.5 million in 2026.
- The last three EBT figures came in at $472.5 million (Q1 2026), $635.4 million (Q4 2025), and $509.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 75.99 Bn | 74.70 Bn | 679.95 Mn | 184.35 Mn |
| 2 | Keysight Technologies | 56.90 Bn | 54.72 Bn | 995.00 Mn | 198.00 Mn |
| 3 | Garmin | 45.32 Bn | 42.62 Bn | 1.04 Bn | 472.53 Mn |
| 4 | Teledyne Technologies | 28.36 Bn | 28.06 Bn | 673.80 Mn | 278.70 Mn |
| 5 | Mks | 21.03 Bn | 20.46 Bn | 507.00 Mn | 102.00 Mn |
| 6 | Fortive | 18.96 Bn | 18.61 Bn | 675.50 Mn | 163.60 Mn |
| 7 | Trimble | 12.56 Bn | 12.32 Bn | 646.30 Mn | 131.30 Mn |
| 8 | Cognex | 10.39 Bn | 10.09 Bn | 190.94 Mn | 61.76 Mn |
| 9 | Esco Technologies | 7.65 Bn | 7.56 Bn | 131.32 Mn | 43.86 Mn |
| 10 | Sensata Technologies Holding | 7.33 Bn | 6.69 Bn | 286.30 Mn | 115.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 472.53 Mn |
| Dec 27, 2025 | 635.39 Mn |
| Sep 27, 2025 | 509.82 Mn |
| Jun 28, 2025 | 480.25 Mn |
| Mar 29, 2025 | 389.08 Mn |
| Dec 28, 2024 | 516.14 Mn |
| Sep 28, 2024 | 486.25 Mn |
| Jun 29, 2024 | 365.97 Mn |
| Mar 30, 2024 | 327.04 Mn |
| Dec 30, 2023 | 383.04 Mn |
| Sep 30, 2023 | 279.57 Mn |
| Jul 1, 2023 | 315.98 Mn |
| Apr 1, 2023 | 221.77 Mn |
| Dec 31, 2022 | 329.88 Mn |
| Sep 24, 2022 | 220.27 Mn |
| Jun 25, 2022 | 278.97 Mn |
| Mar 26, 2022 | 235.86 Mn |
| Dec 25, 2021 | 308.84 Mn |
| Sep 25, 2021 | 275.39 Mn |
| Jun 26, 2021 | 372.06 Mn |