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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Garmin (GRMN) Gross Margin (2017 - 2025)

Garmin (GRMN) has disclosed Gross Margin for 16 consecutive years, with 59.21% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 4.0% to 59.21% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 58.74% through Dec 2025, up 4.0% year-over-year, with the annual reading at 58.74% for FY2025, 4.0% up from the prior year.
  • Gross Margin hit 59.21% in Q4 2025 for Garmin, roughly flat from 59.09% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 60.0% in Q3 2024 to a low of 55.48% in Q4 2021.
  • Historically, Gross Margin has averaged 58.13% across 5 years, with a median of 58.34% in 2021.
  • Biggest five-year swings in Gross Margin: plummeted -333bps in 2022 and later soared 297bps in 2024.
  • Year by year, Gross Margin stood at 55.48% in 2021, then rose by 3bps to 57.03% in 2022, then increased by 2bps to 58.29% in 2023, then grew by 2bps to 59.25% in 2024, then dropped by 0bps to 59.21% in 2025.
  • Business Quant data shows Gross Margin for GRMN at 59.21% in Q4 2025, 59.09% in Q3 2025, and 58.8% in Q2 2025.