Garmin (GRMN) Operating Income (2009 - 2026)
Garmin (GRMN) posted Operating Income of $431.7 million for Q1 2026, down 29.71% sequentially from $614.2 million in Q4 2025, and up 29.7% YoY from $332.8 million in Q1 2025.
Garmin (GRMN) Operating Income (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 17 years of Operating Income data on file, last reported at $431.7 million in Q1 2026.
- Quarterly Operating Income rose 29.7% year-over-year to $431.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 1006.26% YoY) and the FY2025 annual result came in at $1.9 billion, up 1201.85% from the prior year.
- Operating Income fell to $431.7 million in Q1 2026 per GRMN's latest filing, from $614.2 million in the prior quarter.
- The five-year high for Operating Income was $614.2 million in Q4 2025, with the low at -$933.8 million in Q4 2024.
- Average Operating Income over 5 years is $268.9 million, with a median of $298.4 million recorded in 2024.
- Year-over-year, Operating Income tumbled 374.28% in 2024 and jumped 165.77% in 2025.
- Garmin's Operating Income stood at $267.2 million in 2022, then grew by 27.43% to $340.5 million in 2023, then plunged by 374.28% to -$933.8 million in 2024, then soared by 165.77% to $614.2 million in 2025, then retreated by 29.71% to $431.7 million in 2026.
- Business Quant data shows GRMN's Operating Income at $431.7 million in Q1 2026, $614.2 million in Q4 2025, and $456.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | -941.35 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 27.54 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 248.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 294.20 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 191.70 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 144.00 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 59.87 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 141.60 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 431.67 Mn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 35.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 431.67 Mn |
| Dec 27, 2025 | 614.15 Mn |
| Sep 27, 2025 | 456.80 Mn |
| Jun 28, 2025 | 472.30 Mn |
| Mar 29, 2025 | 332.82 Mn |
| Dec 28, 2024 | -933.80 Mn |
| Sep 28, 2024 | 437.48 Mn |
| Jun 29, 2024 | 342.03 Mn |
| Mar 30, 2024 | 298.41 Mn |
| Dec 30, 2023 | 340.45 Mn |
| Sep 30, 2023 | 270.37 Mn |
| Jul 1, 2023 | 284.36 Mn |
| Apr 1, 2023 | 196.98 Mn |
| Dec 31, 2022 | 267.17 Mn |
| Sep 24, 2022 | 239.37 Mn |
| Jun 25, 2022 | 292.74 Mn |
| Mar 26, 2022 | 228.56 Mn |
| Dec 25, 2021 | 315.12 Mn |
| Sep 25, 2021 | 282.67 Mn |
| Jun 26, 2021 | 371.17 Mn |