Garmin (GRMN) EBT Margin (2009 - 2026)

Garmin's (GRMN) quarterly EBT Margin came in at 26.95% in Q1 2026, up 160.0% year-on-year from 10.36% in Q1 2025, and down 9.88% quarter-over-quarter from 29.9% in Q4 2025.

Garmin (GRMN) EBT Margin (2009 - 2026) Analysis & Trends

Garmin has disclosed EBT Margin across 17 years of filings, most recently posting 26.95% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 26.95%, up 160.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.11% (up 86.0% YoY), and the FY2025 annual result was 27.8%, up 88.0% from the prior year.
  • EBT Margin came in at 26.95% for Q1 2026 at Garmin, down from 29.9% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 30.66% in Q3 2024 to a low of 19.31% in Q3 2022.
  • The 5-year median for EBT Margin is 25.25% (2022), against an average of 24.85%.
  • Across the five-year window, EBT Margin sank 556 bps in 2022 and jumped 877 bps in 2024, its largest moves.
  • Garmin's EBT Margin stood at 25.25% in 2022, then rose by 2 bps to 25.84% in 2023, then gained by 10 bps to 28.32% in 2024, then advanced by 6 bps to 29.9% in 2025, then declined by 10 bps to 26.95% in 2026.
  • The last three EBT Margin figures came in at 26.95% (Q1 2026), 29.9% (Q4 2025), and 28.79% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 10.21%
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 12.38%
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 26.95%
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 17.86%
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 9.46%
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 15.30%
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 13.97%
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 23.01%
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 14.18%
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 12.36%

Historic Data

Download Data
DateValue
Mar 28, 2026 26.95%
Dec 27, 2025 29.90%
Sep 27, 2025 28.79%
Jun 28, 2025 26.47%
Mar 29, 2025 25.35%
Dec 28, 2024 28.32%
Sep 28, 2024 30.66%
Jun 29, 2024 24.29%
Mar 30, 2024 23.67%
Dec 30, 2023 25.84%
Sep 30, 2023 21.88%
Jul 1, 2023 23.92%
Apr 1, 2023 19.33%
Dec 31, 2022 25.25%
Sep 24, 2022 19.31%
Jun 25, 2022 22.48%
Mar 26, 2022 20.11%
Dec 25, 2021 22.19%
Sep 25, 2021 23.10%
Jun 26, 2021 28.04%