Garmin GRMN
NYSE GRMN
$272.37 +0.19 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

Garmin (GRMN) Net Income (2009 - 2026)

Garmin's (GRMN) quarterly Net Income came in at $541.9 million in Q2 2026, up 35.2% year-over-year from $400.8 million in Q2 2025, and up 33.78% quarter-over-quarter from $405.1 million in Q1 2026.

Analysis

Garmin (GRMN) Net Income (2009 - 2026) Analysis & Trends

Garmin has disclosed Net Income across 18 years of filings, most recently posting $541.9 million for Q2 2026.

  • In Q2 2026, Net Income rose 35.2% year-over-year to $541.9 million; the TTM figure through Jun 2026 stood at $1.9 billion (up 26.95% YoY), while the FY2025 annual figure was $1.7 billion, up 25.88% from the prior year.
  • Net Income came in at $541.9 million for Q2 2026 at Garmin, up from $405.1 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $541.9 million in Q2 2026 to a low of $202.3 million in Q2 2023.
  • Average Net Income over 5 years is $336.3 million, with a median of $327.7 million recorded in 2022.
  • The largest YoY upside for Net Income was 105.15% in 2022 against a maximum downside of 18.65% in 2022.
  • Over 5 years, Net Income stood at $322.7 million in 2022, then climbed by 14.94% to $370.9 million in 2023, then fell by 6.69% to $346.1 million in 2024, then soared by 52.76% to $528.7 million in 2025, then climbed by 2.5% to $541.9 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were $541.9 million in Q2 2026, $405.1 million in Q1 2026, and $528.7 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Apple 4,784.34 Bn 4,721.94 Bn 54.77 Bn 29.79 Bn
2 Garmin 52.47 Bn 49.80 Bn 1.26 Bn 541.92 Mn
3 Vuzix 212.26 Mn 194.96 Mn -645,411.00 -7.63 Mn
4 Zepp Health 77.84 Mn 8.18 Mn 23.73 Mn -10.05 Mn
5 Foxx Development Holdings 18.87 Mn 15.68 Mn -1.45 Mn -36.27 Mn
6 Wearable Devices 741,166.25 -18.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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 346.09 Mn
Sep 28, 2024 399.11 Mn
Jun 29, 2024 300.63 Mn
Mar 30, 2024 275.96 Mn
Dec 30, 2023 370.92 Mn
Sep 30, 2023 257.24 Mn
Jul 1, 2023 287.94 Mn
Apr 1, 2023 202.33 Mn
Dec 31, 2022 322.71 Mn
Sep 24, 2022 210.85 Mn
Jun 25, 2022 257.87 Mn
Mar 26, 2022 211.59 Mn
Dec 25, 2021 157.30 Mn
Sep 25, 2021 259.04 Mn