Garmin GRMN
NYSE GRMN
$272.37 +0.19 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

Garmin (GRMN) EBT Margin (2009 - 2026)

Garmin's (GRMN) quarterly EBT Margin came in at 32.2% in Q2 2026, up 573.0% year-over-year from 4.78% in Q2 2025, and up 19.48% quarter-over-quarter from 26.95% in Q1 2026.

Analysis

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

Garmin has disclosed EBT Margin across 17 years of filings, most recently posting 32.2% for Q2 2026.

  • In Q2 2026, EBT Margin rose 573.0% year-over-year to 32.2%; the TTM figure through Jun 2026 stood at 29.57% (up 188.0% YoY), while the FY2025 annual figure was 27.8%, up 88.0% from the prior year.
  • EBT Margin came in at 32.2% for Q2 2026 at Garmin, up from 26.95% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 32.2% in Q2 2026 to a low of 19.31% in Q3 2022.
  • Average EBT Margin over 5 years is 25.26%, with a median of 25.3% recorded in 2022.
  • Year-over-year, EBT Margin plunged 556 bps in 2022 and surged 877 bps in 2024.
  • Over 5 years, 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 rose by 8 bps to 32.2% in 2026.
  • Per Business Quant data, the three most recent EBT Margin figures were 32.2% in Q2 2026, 26.95% in Q1 2026, and 29.9% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Apple 4,784.34 Bn 4,721.94 Bn 54.77 Bn 33.15%
2 Garmin 52.47 Bn 49.80 Bn 1.26 Bn 32.20%
3 Vuzix 212.26 Mn 194.96 Mn -645,411.00 -685.11%
4 Zepp Health 77.84 Mn 8.18 Mn 23.73 Mn -16.00%
5 Foxx Development Holdings 18.87 Mn 15.68 Mn -1.45 Mn -418.52%
6 Wearable Devices 741,166.25 -18.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 32.20%
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%