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Garmin (GRMN) Net Income: 2009-2024

Historic Net Income for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $1.3 billion.

  • Garmin's Net Income rose 0.63% to $401.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.5 billion, marking a year-over-year increase of 10.00%. This contributed to the annual value of $1.3 billion for FY2024, which is 39.15% up from last year.
  • As of FY2024, Garmin's Net Income stood at $1.3 billion, which was up 39.15% from $949.9 million recorded in FY2023.
  • Garmin's 5-year Net Income high stood at $1.3 billion for FY2024, and its period low was $831.1 million during FY2022.
  • For the 3-year period, Garmin's Net Income averaged around $1.0 billion, with its median value being $949.9 million (2023).
  • Its Net Income has fluctuated over the past 5 years, first decreased by 22.81% in 2022, then surged by 39.15% in 2024.
  • Over the past 5 years, Garmin's Net Income (Yearly) stood at $992.3 million in 2020, then climbed by 8.51% to $1.1 billion in 2021, then dropped by 22.81% to $831.1 million in 2022, then grew by 14.29% to $949.9 million in 2023, then soared by 39.15% to $1.3 billion in 2024.