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| Date | Value |
|---|---|
| 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 |