Garmin (GRMN) Gross Profit (2009 - 2026)
Garmin's (GRMN) quarterly Gross Profit came in at $1.3 billion in Q2 2026, up 18.28% year-over-year from $1.1 billion in Q2 2025, and up 21.08% quarter-over-quarter from $1.0 billion in Q1 2026.
Analysis
Garmin (GRMN) Gross Profit (2009 - 2026) Analysis & Trends
Garmin has disclosed Gross Profit across 17 years of filings, most recently posting $1.3 billion for Q2 2026.
- In Q2 2026, Gross Profit rose 18.28% year-over-year to $1.3 billion; the TTM figure through Jun 2026 stood at $4.6 billion (up 15.72% YoY), while the FY2025 annual figure was $4.3 billion, up 15.14% from the prior year.
- Gross Profit came in at $1.3 billion for Q2 2026 at Garmin, up from $1.0 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.3 billion in Q2 2026 to a low of $652.8 million in Q2 2023.
- Average Gross Profit over 5 years is $892.7 million, with a median of $863.5 million recorded in 2023.
- Year-over-year, Gross Profit fell 6.66% in 2022 and surged 30.61% in 2024.
- Over 5 years, Gross Profit stood at $745.0 million in 2022, then rose by 16.0% to $864.1 million in 2023, then advanced by 24.97% to $1.1 billion in 2024, then rose by 16.51% to $1.3 billion in 2025, then increased by 0.3% to $1.3 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $1.3 billion in Q2 2026, $1.0 billion in Q1 2026, and $1.3 billion in Q4 2025.
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