Growth Metrics

Garmin (GRMN) Operating Expenses (2017 - 2025)

Historic Operating Expenses for Garmin (GRMN) over the last 16 years, with Q3 2025 value amounting to $589.7 million.

  • Garmin's Operating Expenses rose 1469.68% to $589.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $2.3 billion, marking a year-over-year increase of 1151.83%. This contributed to the annual value of $2.1 billion for FY2024, which is 992.09% up from last year.
  • According to the latest figures from Q3 2025, Garmin's Operating Expenses is $589.7 million, which was up 1469.68% from $594.7 million recorded in Q2 2025.
  • In the past 5 years, Garmin's Operating Expenses registered a high of $594.7 million during Q2 2025, and its lowest value of $391.9 million during Q1 2021.
  • Moreover, its 5-year median value for Operating Expenses was $475.1 million (2023), whereas its average is $484.3 million.
  • Its Operating Expenses has fluctuated over the past 5 years, first soared by 2526.84% in 2021, then skyrocketed by 431.89% in 2022.
  • Over the past 5 years, Garmin's Operating Expenses (Quarter) stood at $457.0 million in 2021, then rose by 4.55% to $477.8 million in 2022, then rose by 9.61% to $523.7 million in 2023, then rose by 7.67% to $563.8 million in 2024, then grew by 4.58% to $589.7 million in 2025.
  • Its Operating Expenses stands at $589.7 million for Q3 2025, versus $594.7 million for Q2 2025 and $551.7 million for Q1 2025.