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Garmin (GRMN) Operating Income: 2009-2024

Historic Operating Income for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $1.6 billion.

  • Garmin's Operating Income rose 4.42% to $456.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.8 billion, marking a year-over-year increase of 25.36%. This contributed to the annual value of $1.6 billion for FY2024, which is 45.95% up from last year.
  • According to the latest figures from FY2024, Garmin's Operating Income is $1.6 billion, which was up 45.95% from $1.1 billion recorded in FY2023.
  • In the past 5 years, Garmin's Operating Income registered a high of $1.6 billion during FY2024, and its lowest value of $1.0 billion during FY2022.
  • Its 3-year average for Operating Income is $1.2 billion, with a median of $1.1 billion in 2023.
  • In the last 5 years, Garmin's Operating Income declined by 15.66% in 2022 and then skyrocketed by 45.95% in 2024.
  • Garmin's Operating Income (Yearly) stood at $1.1 billion in 2020, then climbed by 15.59% to $1.2 billion in 2021, then decreased by 15.66% to $1.0 billion in 2022, then climbed by 6.26% to $1.1 billion in 2023, then skyrocketed by 45.95% to $1.6 billion in 2024.