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Garmin (GRMN) Operating Expenses (2017 - 2026)

Garmin's Operating Expenses history spans 17 years, with the latest figure at $610.6 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 10.68% to $610.6 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.4 billion, a 13.42% increase, with the full-year FY2025 number at $2.4 billion, up 13.21% from a year prior.
  • Operating Expenses hit $610.6 million in Q1 2026 for Garmin, down from $644.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for GRMN hit a ceiling of $644.1 million in Q4 2025 and a floor of $431.1 million in Q3 2022.
  • Historically, Operating Expenses has averaged $516.8 million across 5 years, with a median of $514.1 million in 2024.
  • Biggest five-year swings in Operating Expenses: increased 4.32% in 2022 and later rose 14.7% in 2025.
  • Tracing GRMN's Operating Expenses over 5 years: stood at $477.8 million in 2022, then grew by 9.61% to $523.7 million in 2023, then grew by 7.67% to $563.8 million in 2024, then rose by 14.23% to $644.1 million in 2025, then decreased by 5.2% to $610.6 million in 2026.
  • Business Quant data shows Operating Expenses for GRMN at $610.6 million in Q1 2026, $644.1 million in Q4 2025, and $589.7 million in Q3 2025.