Garmin (GRMN) Gross Profit (2009 - 2026)
Garmin's Gross Profit came in at $1.26 billion for Q2 2026, up 18.3% from $1.07 billion a year earlier and up 21.1% from the prior quarter.
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Garmin (GRMN) Gross Profit (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Garmin reported Gross Profit of $4.61 billion, up 15.7% year-over-year; for FY2025, it came in at $4.26 billion, up 15.1% from FY2024.
- Gross Profit has increased in each of the last three years, with a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
- Going back by year, Gross Profit was $3.7 billion in FY2024 (+23.0%), $3 billion in FY2023 (+7.1%), $2.81 billion in FY2022 (-2.9%) and $2.89 billion in FY2021 (+16.5%).
- The Q2 2026 figure represents the highest quarterly Gross Profit in data going back to Q1 2009.
- Year-over-year, Gross Profit has increased for 13 consecutive quarters, with growth averaging 19.0% over the last eight quarters.
- The fastest year-over-year change in Gross Profit over five years came in Q3 2024 (growth of 30.6%), and the weakest in Q2 2022 (a decline of 6.7%).
- Business Quant data shows GRMN's Gross Profit at $1.04 billion (Q1 2026), $1.26 billion (Q4 2025) and $1.05 billion (Q3 2025) in the three quarters before Q2 2026.
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Garmin Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();