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Garmin (GRMN) Gross Profit (2016 - 2025)

Garmin's Gross Profit history spans 17 years, with the latest figure at $1.0 billion for Q1 2026.

  • On a quarterly basis, Gross Profit rose 17.83% to $1.0 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $4.4 billion, a 16.81% increase, with the full-year FY2025 number at $4.3 billion, up 15.14% from a year prior.
  • Gross Profit hit $1.0 billion in Q1 2026 for Garmin, down from $1.3 billion in the prior quarter.
  • Over the last five years, Gross Profit for GRMN hit a ceiling of $1.3 billion in Q4 2025 and a floor of $652.8 million in Q2 2023.
  • Historically, Gross Profit has averaged $871.0 million across 5 years, with a median of $862.9 million in 2024.
  • Biggest five-year swings in Gross Profit: dropped 6.66% in 2022 and later soared 30.61% in 2024.
  • Tracing GRMN's Gross Profit over 5 years: stood at $745.0 million in 2022, then grew by 16.0% to $864.1 million in 2023, then rose by 24.97% to $1.1 billion in 2024, then grew by 16.51% to $1.3 billion in 2025, then dropped by 17.16% to $1.0 billion in 2026.
  • Business Quant data shows Gross Profit for GRMN at $1.0 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.0 billion in Q3 2025.