Garmin (GRMN) Net Margin: 2009-2025
Historic Net Margin for Garmin (GRMN) over the last 14 years, with Sep 2025 value amounting to 22.68%.
- Garmin's Net Margin fell 249.00% to 22.68% in Q3 2025 from the same period last year, while for Sep 2025 it was 21.33%, marking a year-over-year decrease of 127.00%. This contributed to the annual value of 20.99% for FY2024, which is 282.00% up from last year.
- Per Garmin's latest filing, its Net Margin stood at 22.68% for Q3 2025, which was up 2.67% from 22.09% recorded in Q2 2025.
- In the past 5 years, Garmin's Net Margin registered a high of 25.16% during Q3 2024, and its lowest value of 11.54% during Q4 2022.
- Moreover, its 3-year median value for Net Margin was 21.68% (2025), whereas its average is 21.37%.
- Its Net Margin has fluctuated over the past 5 years, first plummeted by 863bps in 2022, then skyrocketed by 1,348bps in 2023.
- Garmin's Net Margin (Quarterly) stood at 20.17% in 2021, then crashed by 863bps to 11.54% in 2022, then spiked by 1,348bps to 25.02% in 2023, then slumped by 603bps to 18.99% in 2024, then tumbled by 249bps to 22.68% in 2025.
- Its Net Margin stands at 22.68% for Q3 2025, versus 22.09% for Q2 2025 and 21.68% for Q1 2025.