Growth Metrics

Garmin (GRMN) Net Margin (2017 - 2025)

Historic Net Margin for Garmin (GRMN) over the last 16 years, with Q3 2025 value amounting to 22.68%.

  • Garmin's Net Margin fell 24900.0% 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 12700.0%. This contributed to the annual value of 20.99% for FY2024, which is 28200.0% up from last year.
  • As of Q3 2025, Garmin's Net Margin stood at 22.68%, which was down 24900.0% from 22.09% recorded in Q2 2025.
  • Garmin's 5-year Net Margin high stood at 25.16% for Q3 2024, and its period low was 11.54% during Q4 2022.
  • Moreover, its 5-year median value for Net Margin was 20.52% (2021), whereas its average is 20.54%.
  • Its Net Margin has fluctuated over the past 5 years, first plummeted by -86300bps in 2022, then surged by 134800bps in 2023.
  • Quarter analysis of 5 years shows Garmin's Net Margin stood at 20.17% in 2021, then crashed by -43bps to 11.54% in 2022, then soared by 117bps to 25.02% in 2023, then dropped by -24bps to 18.99% in 2024, then rose by 19bps 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.