Garmin (GRMN) Operating Expenses (2009 - 2026)

Garmin (GRMN) has 17 years of Operating Expenses data on file, last reported at $610.6 million in Q1 2026.

• Quarterly Operating Expenses rose 10.68% year-over-year to $610.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 billion (up 13.42% YoY) and the FY2025 annual result came in at $2.4 billion, up 13.21% from the prior year.
• Operating Expenses slipped to $610.6 million in Q1 2026 per GRMN's latest filing, from $644.1 million in the prior quarter.
• The five-year high for Operating Expenses was $644.1 million in Q4 2025, with the low at $431.1 million in Q3 2022.
• Average Operating Expenses over 5 years is $516.8 million, with a median of $514.1 million recorded in 2024.
• Year-over-year, Operating Expenses grew 4.32% in 2022 and advanced 14.7% in 2025.
• Garmin's Operating Expenses stood at $477.8 million in 2022, then climbed by 9.61% to $523.7 million in 2023, then rose by 7.67% to $563.8 million in 2024, then increased by 14.23% to $644.1 million in 2025, then dropped by 5.2% to $610.6 million in 2026.
• Business Quant data shows GRMN's Operating Expenses at $610.6 million in Q1 2026, $644.1 million in Q4 2025, and $589.7 million in Q3 2025.