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

Garmin (GRMN) posted Exchange Rate Effect of -$12.3 million for Q1 2026, down 702.85% sequentially from $2.0 million in Q4 2025, and down 196.95% YoY from $12.7 million in Q1 2025.

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

Garmin (GRMN) has 18 years of Exchange Rate Effect data on file, last reported at -$12.3 million in Q1 2026.

  • Quarterly Exchange Rate Effect fell 196.95% year-over-year to -$12.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.2 million (up 9901.66% YoY) and the FY2025 annual result came in at $55.2 million, up 309.88% from the prior year.
  • Exchange Rate Effect declined to -$12.3 million in Q1 2026 per GRMN's latest filing, from $2.0 million in the prior quarter.
  • The five-year high for Exchange Rate Effect was $48.0 million in Q2 2025, with the low at -$33.8 million in Q4 2024.
  • Average Exchange Rate Effect over 5 years is $153235.3, with a median of -$3.8 million recorded in 2024.
  • Year-over-year, Exchange Rate Effect sank 510.78% in 2024 and surged 1346.83% in 2025.
  • Garmin's Exchange Rate Effect stood at $16.8 million in 2022, then rose by 20.8% to $20.3 million in 2023, then tumbled by 266.48% to -$33.8 million in 2024, then jumped by 106.03% to $2.0 million in 2025, then plunged by 702.85% to -$12.3 million in 2026.
  • Business Quant data shows GRMN's Exchange Rate Effect at -$12.3 million in Q1 2026, $2.0 million in Q4 2025, and -$7.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FX Effect (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -14.16 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 237,000.00
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 7.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn -300,000.00
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 1.00 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn -3.00 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn -2.57 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 800,000.00
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn -12.29 Mn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn -247,000.00

Historic Data

Download Data
DateValue
Mar 28, 2026 -12.29 Mn
Mar 28, 2026 -12.29 Mn
Dec 27, 2025 2.04 Mn
Dec 27, 2025 2.04 Mn
Sep 27, 2025 -7.53 Mn
Sep 27, 2025 -7.53 Mn
Jun 28, 2025 47.98 Mn
Jun 28, 2025 47.98 Mn
Mar 29, 2025 12.67 Mn
Mar 29, 2025 12.67 Mn
Dec 28, 2024 -33.82 Mn
Dec 28, 2024 -33.82 Mn
Sep 28, 2024 25.30 Mn
Sep 28, 2024 25.30 Mn
Jun 29, 2024 -3.85 Mn
Jun 29, 2024 -3.85 Mn
Mar 30, 2024 -13.91 Mn
Mar 30, 2024 -13.91 Mn
Dec 30, 2023 20.31 Mn
Dec 30, 2023 20.31 Mn