Garmin (GRMN) Operating Expenses (2009 - 2026)

Garmin has disclosed Operating Expenses across 17 years of filings, most recently posting $646.5 million for Q2 2026.

• In Q2 2026, Operating Expenses rose 8.71% year-over-year to $646.5 million; the TTM figure through Jun 2026 stood at $2.5 billion (up 11.98% YoY), while the FY2025 annual figure was $2.4 billion, up 13.21% from the prior year.
• Operating Expenses came in at $646.5 million for Q2 2026 at Garmin, up from $610.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $646.5 million in Q2 2026 to a low of $431.1 million in Q3 2022.
• Average Operating Expenses over 5 years is $524.0 million, with a median of $517.5 million recorded in 2024.
• Year-over-year, Operating Expenses gained 4.32% in 2022 and increased 14.7% in 2025.
• Over 5 years, Operating Expenses stood at $477.8 million in 2022, then rose by 9.61% to $523.7 million in 2023, then climbed by 7.67% to $563.8 million in 2024, then advanced by 14.23% to $644.1 million in 2025, then increased by 0.37% to $646.5 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $646.5 million in Q2 2026, $610.6 million in Q1 2026, and $644.1 million in Q4 2025.