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Garmin (GRMN) Gross Profit: 2009-2025

Historic Gross Profit for Garmin (GRMN) over the last 14 years, with Sep 2025 value amounting to $1.0 billion.

  • Garmin's Gross Profit rose 9.97% to $1.0 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $4.1 billion, marking a year-over-year increase of 17.16%. This contributed to the annual value of $3.7 billion for FY2024, which is 23.02% up from last year.
  • Latest data reveals that Garmin reported Gross Profit of $1.0 billion as of Q3 2025, which was down 1.92% from $1.1 billion recorded in Q2 2025.
  • Over the past 5 years, Garmin's Gross Profit peaked at $1.1 billion during Q4 2024, and registered a low of $641.6 million during Q1 2021.
  • In the last 3 years, Garmin's Gross Profit had a median value of $864.1 million in 2023 and averaged $881.8 million.
  • Per our database at Business Quant, Garmin's Gross Profit surged by 51.50% in 2021 and then fell by 6.66% in 2022.
  • Quarterly analysis of 5 years shows Garmin's Gross Profit stood at $772.1 million in 2021, then declined by 3.51% to $745.0 million in 2022, then rose by 16.00% to $864.1 million in 2023, then increased by 24.97% to $1.1 billion in 2024, then climbed by 9.97% to $1.0 billion in 2025.
  • Its Gross Profit was $1.0 billion in Q3 2025, compared to $1.1 billion in Q2 2025 and $884.5 million in Q1 2025.