Garmin (GRMN) Income towards Parent Company (2009 - 2026)
Garmin's Income towards Parent Company came in at $541.92 million for Q2 2026, up 35.2% from $400.82 million a year earlier and up 33.8% from the prior quarter.
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Analysis
Garmin (GRMN) Income towards Parent Company (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Garmin reported Income towards Parent Company of $1.88 billion, up 19.7% year-over-year; for FY2025, it was $1.66 billion, up 17.9% from FY2024.
- Income towards Parent Company has increased in each of the last three years, with a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- Going back by year, Income towards Parent Company was $1.41 billion in FY2024 (+9.4%), $1.29 billion in FY2023 (+32.5%), $973.59 million in FY2022 (-10.0%) and $1.08 billion in FY2021 (+9.1%).
- The Q2 2026 figure represents the highest quarterly Income towards Parent Company since Q4 2023.
- Year-over-year, Income towards Parent Company has increased for six consecutive quarters, with growth averaging 21.0% over the last eight quarters.
- The fastest year-over-year change in Income towards Parent Company over five years came in Q4 2023 (growth of 84.9%), and the weakest in Q4 2024 (a decline of 19.6%).
- Business Quant data shows GRMN's Income towards Parent Company at $405.08 million (Q1 2026), $528.68 million (Q4 2025) and $401.62 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,079.97 Bn | 4,827.46 Bn | 54.77 Bn |
| 2 | Cisco Systems | 420.25 Bn | 356.18 Bn | 11.06 Bn |
| 3 | Dell Technologies | 292.20 Bn | 247.96 Bn | 9.83 Bn |
| 4 | Arista Networks | 217.24 Bn | 170.70 Bn | 1.91 Bn |
| 5 | Sandisk | 180.75 Bn | 169.27 Bn | 7.58 Bn |
| 6 | Sony | 160.45 Bn | 100.21 Bn | 6.53 Bn |
| 7 | Seagate Technology Holdings | 142.99 Bn | 137.98 Bn | 1.90 Bn |
| 8 | Western Digital | 128.64 Bn | 118.47 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 75.30 Bn | 53.18 Bn | 4.93 Bn |
| 10 | Garmin | 56.67 Bn | 46.02 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 541.92 Mn |
| Mar 28, 2026 | 405.08 Mn |
| Dec 27, 2025 | 528.68 Mn |
| Sep 27, 2025 | 401.62 Mn |
| Jun 28, 2025 | 400.82 Mn |
| Mar 29, 2025 | 332.77 Mn |
| Dec 28, 2024 | 435.73 Mn |
| Sep 28, 2024 | 399.11 Mn |
| Jun 29, 2024 | 300.63 Mn |
| Mar 30, 2024 | 275.96 Mn |
| Dec 30, 2023 | 542.13 Mn |
| Sep 30, 2023 | 257.24 Mn |
| Jul 1, 2023 | 287.94 Mn |
| Apr 1, 2023 | 202.33 Mn |
| Dec 31, 2022 | 293.27 Mn |
| Sep 24, 2022 | 210.85 Mn |
| Jun 25, 2022 | 257.87 Mn |
| Mar 26, 2022 | 211.59 Mn |
| Dec 25, 2021 | 286.14 Mn |
| Sep 25, 2021 | 259.04 Mn |
API Access
Garmin Income towards Parent Company 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=income-towards-parent-company&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-towards-parent-company", "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=income-towards-parent-company&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();