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

Garmin (GRMN) Exchange Rate Effect (2009 - 2026)

Garmin's (GRMN) quarterly Exchange Rate Effect came in at -$1.7 million in Q2 2026, down 103.6% year-over-year from $48.0 million in Q2 2025, and up 85.94% quarter-over-quarter from -$12.3 million in Q1 2026.

Analysis

Garmin (GRMN) Exchange Rate Effect (2009 - 2026) Analysis & Trends

Garmin has disclosed Exchange Rate Effect across 18 years of filings, most recently posting -$1.7 million for Q2 2026.

  • In Q2 2026, Exchange Rate Effect fell 103.6% year-over-year to -$1.7 million; the TTM figure through Jun 2026 stood at -$19.5 million (down 137.41% YoY), while the FY2025 annual figure was $55.2 million, up 309.88% from the prior year.
  • Exchange Rate Effect came in at -$1.7 million for Q2 2026 at Garmin, up from -$12.3 million in the prior quarter.
  • In the past five years, Exchange Rate Effect ranged from a high of $48.0 million in Q2 2025 to a low of -$33.8 million in Q4 2024.
  • Average Exchange Rate Effect over 5 years is $48722.2, with a median of -$3.3 million recorded in 2023.
  • Year-over-year, Exchange Rate Effect slumped 510.78% in 2024 and surged 1346.83% in 2025.
  • Over 5 years, Exchange Rate Effect stood at $16.8 million in 2022, then climbed by 20.8% to $20.3 million in 2023, then plunged by 266.48% to -$33.8 million in 2024, then jumped by 106.03% to $2.0 million in 2025, then tumbled by 184.79% to -$1.7 million in 2026.
  • Per Business Quant data, the three most recent Exchange Rate Effect figures were -$1.7 million in Q2 2026, -$12.3 million in Q1 2026, and $2.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Apple 4,784.34 Bn 4,721.94 Bn 54.77 Bn -
2 Garmin 52.47 Bn 49.80 Bn 1.26 Bn -1.73 Mn
3 Vuzix 212.26 Mn 194.96 Mn -645,411.00 -
4 Zepp Health 77.84 Mn 8.18 Mn 23.73 Mn -
5 Foxx Development Holdings 18.87 Mn 15.68 Mn -1.45 Mn -3,154.00
6 Wearable Devices 741,166.25 -18.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 -1.73 Mn
Mar 28, 2026 -12.29 Mn
Dec 27, 2025 2.04 Mn
Sep 27, 2025 -7.53 Mn
Jun 28, 2025 47.98 Mn
Mar 29, 2025 12.67 Mn
Dec 28, 2024 -33.82 Mn
Sep 28, 2024 25.30 Mn
Jun 29, 2024 -3.85 Mn
Mar 30, 2024 -13.91 Mn
Dec 30, 2023 20.31 Mn
Sep 30, 2023 -13.45 Mn
Jul 1, 2023 -2.79 Mn
Apr 1, 2023 3.39 Mn
Dec 31, 2022 16.82 Mn
Sep 24, 2022 -16.27 Mn
Jun 25, 2022 -15.04 Mn
Mar 26, 2022 -6.96 Mn
Dec 25, 2021 -4.08 Mn
Sep 25, 2021 -3.35 Mn