Garmin (GRMN) EBT Margin (2009 - 2026)

Garmin (GRMN) posted EBT Margin of 32.2% for Q2 2026, up 19.48% sequentially from 26.95% in Q1 2026, and up 573.0% YoY from 4.78% in Q2 2025.

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

Garmin has reported EBT Margin for 17 years, with the latest figure at 32.2% in Q2 2026.

Quarterly EBT Margin rose 573.0% year-over-year to 32.2% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 29.57% (up 188.0% YoY) and the FY2025 annual result came in at 27.8%, up 88.0% from the prior year.
EBT Margin advanced to 32.2% in Q2 2026 per GRMN's latest filing, from 26.95% in the prior quarter.
Over five years, EBT Margin peaked at 32.2% in Q2 2026 and troughed at 19.31% in Q3 2022.
A 5-year average of 25.26% and a median of 25.3% in 2022 frame the typical range for EBT Margin.
The sharpest annual moves came in 2022 and 2024: EBT Margin sank 556 bps in 2022, then soared 877 bps in 2024.
Over 5 years, EBT Margin stood at 25.25% in 2022, then advanced by 2 bps to 25.84% in 2023, then climbed by 10 bps to 28.32% in 2024, then grew by 6 bps to 29.9% in 2025, then advanced by 8 bps to 32.2% in 2026.
According to Business Quant data, EBT Margin over the past three periods registered 32.2%, 26.95%, and 29.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	EBT Margin (Qtr)
1	Garmin	56.50 Bn	53.83 Bn	1.26 Bn	32.20%
2	Keysight Technologies	54.05 Bn	51.64 Bn	1.18 Bn	24.34%
3	Coherent	51.08 Bn	49.09 Bn	787.08 Mn	13.62%
4	Teledyne Technologies	29.39 Bn	29.05 Bn	738.10 Mn	19.33%
5	Mks	19.03 Bn	18.41 Bn	595.00 Mn	17.07%
6	Fortive	18.08 Bn	17.71 Bn	695.30 Mn	16.37%
7	Trimble	13.91 Bn	13.70 Bn	674.90 Mn	-45.76%
8	Cognex	9.98 Bn	9.58 Bn	205.77 Mn	30.66%
9	Esco Technologies	7.37 Bn	7.30 Bn	141.52 Mn	12.08%
10	Sensata Technologies Holding	6.09 Bn	5.68 Bn	301.80 Mn	13.38%

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