Garmin GRMN
NYSE GRMN
$293.11 -2.59 (-0.88%)
At close: Aug 20, 2026 · 4:00 PM EDT

Garmin (GRMN) Gross Profit (2009 - 2026)

Garmin (GRMN) posted Gross Profit of $1.3 billion for Q2 2026, up 21.08% sequentially from $1.0 billion in Q1 2026, and up 18.28% YoY from $1.1 billion in Q2 2025.

Garmin (GRMN) Gross Profit (2009 - 2026) Analysis & Trends

Garmin has reported Gross Profit for 17 years, with the latest figure at $1.3 billion in Q2 2026.

  • Quarterly Gross Profit rose 18.28% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.6 billion (up 15.72% YoY) and the FY2025 annual result came in at $4.3 billion, up 15.14% from the prior year.
  • Gross Profit climbed to $1.3 billion in Q2 2026 per GRMN's latest filing, from $1.0 billion in the prior quarter.
  • Over five years, Gross Profit peaked at $1.3 billion in Q2 2026 and troughed at $652.8 million in Q2 2023.
  • A 5-year average of $892.7 million and a median of $863.5 million in 2023 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2022 and 2024: Gross Profit retreated 6.66% in 2022, then soared 30.61% in 2024.
  • Over 5 years, Gross Profit stood at $745.0 million in 2022, then advanced by 16.0% to $864.1 million in 2023, then grew by 24.97% to $1.1 billion in 2024, then advanced by 16.51% to $1.3 billion in 2025, then gained by 0.3% to $1.3 billion in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $1.3 billion, $1.0 billion, and $1.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

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Historic Data

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