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Garmin (GRMN) Gross Profit (2017 - 2025)

Historic Gross Profit for Garmin (GRMN) over the last 16 years, with Q3 2025 value amounting to $1.0 billion.

  • Garmin's Gross Profit rose 997.14% 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 1715.68%. This contributed to the annual value of $3.7 billion for FY2024, which is 2301.53% up from last year.
  • Per Garmin's latest filing, its Gross Profit stood at $1.0 billion for Q3 2025, which was up 997.14% 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.
  • Its 5-year average for Gross Profit is $810.4 million, with a median of $772.1 million in 2021.
  • Per our database at Business Quant, Garmin's Gross Profit skyrocketed by 5149.51% in 2021 and then plummeted by 666.26% in 2022.
  • Over the past 5 years, Garmin's Gross Profit (Quarter) stood at $772.1 million in 2021, then fell by 3.51% to $745.0 million in 2022, then increased by 16.0% to $864.1 million in 2023, then increased by 24.97% to $1.1 billion in 2024, then dropped by 3.1% 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.