Growth Metrics

Garmin (GRMN) Operating Income (2017 - 2025)

Garmin's Operating Income history spans 15 years, with the latest figure at $614.2 million for Q4 2025.

  • For Q4 2025, Operating Income rose 19.0% year-over-year to $614.2 million; the TTM value through Dec 2025 reached $1.9 billion, up 17.7%, while the annual FY2025 figure was $1.9 billion, 17.7% up from the prior year.
  • Operating Income for Q4 2025 was $614.2 million at Garmin, up from $456.8 million in the prior quarter.
  • Across five years, Operating Income topped out at $614.2 million in Q4 2025 and bottomed at $197.0 million in Q2 2023.
  • The 5-year median for Operating Income is $306.8 million (2021), against an average of $340.4 million.
  • The largest annual shift saw Operating Income surged 97.02% in 2021 before it decreased 21.13% in 2022.
  • A 5-year view of Operating Income shows it stood at $315.1 million in 2021, then decreased by 15.22% to $267.2 million in 2022, then increased by 27.43% to $340.5 million in 2023, then soared by 51.59% to $516.1 million in 2024, then increased by 19.0% to $614.2 million in 2025.
  • Per Business Quant, the three most recent readings for GRMN's Operating Income are $614.2 million (Q4 2025), $456.8 million (Q3 2025), and $472.3 million (Q2 2025).