Garmin (GRMN) Gross Profit (2009 - 2026)
Garmin (GRMN) posted Gross Profit of $1.0 billion for Q1 2026, down 17.16% sequentially from $1.3 billion in Q4 2025, and up 17.83% YoY from $884.5 million in Q1 2025.
Garmin (GRMN) Gross Profit (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 17 years of Gross Profit data on file, last reported at $1.0 billion in Q1 2026.
- Quarterly Gross Profit rose 17.83% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.4 billion (up 16.81% YoY) and the FY2025 annual result came in at $4.3 billion, up 15.14% from the prior year.
- Gross Profit retreated to $1.0 billion in Q1 2026 per GRMN's latest filing, from $1.3 billion in the prior quarter.
- The five-year high for Gross Profit was $1.3 billion in Q4 2025, with the low at $652.8 million in Q2 2023.
- Average Gross Profit over 5 years is $871.0 million, with a median of $862.9 million recorded in 2024.
- Year-over-year, Gross Profit slipped 6.66% in 2022 and surged 30.61% in 2024.
- Garmin's Gross Profit stood at $745.0 million in 2022, then climbed by 16.0% to $864.1 million in 2023, then increased by 24.97% to $1.1 billion in 2024, then climbed by 16.51% to $1.3 billion in 2025, then slipped by 17.16% to $1.0 billion in 2026.
- Business Quant data shows GRMN's Gross Profit at $1.0 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.0 billion in Q3 2025.
Peer Comparison
Historic Data
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