Garmin (GRMN) Gross Profit (2009 - 2026)

Garmin's (GRMN) quarterly Gross Profit came in at $1.0 billion in Q1 2026, up 17.83% year-on-year from $884.5 million in Q1 2025, and down 17.16% quarter-over-quarter from $1.3 billion in Q4 2025.

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

Garmin has disclosed Gross Profit across 17 years of filings, most recently posting $1.0 billion for Q1 2026.

  • Gross Profit for Q1 2026 came in at $1.0 billion, up 17.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.4 billion (up 16.81% YoY), and the FY2025 annual result was $4.3 billion, up 15.14% from the prior year.
  • Gross Profit came in at $1.0 billion for Q1 2026 at Garmin, down from $1.3 billion in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $1.3 billion in Q4 2025 to a low of $652.8 million in Q2 2023.
  • The 5-year median for Gross Profit is $862.9 million (2024), against an average of $871.0 million.
  • Across the five-year window, Gross Profit declined 6.66% in 2022 and jumped 30.61% in 2024, its largest moves.
  • Garmin's 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 fell by 17.16% to $1.0 billion in 2026.
  • The last three Gross Profit figures came in at $1.0 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

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