Garmin (GRMN) Operating Margin (2017 - 2025)
Historic Operating Margin for Garmin (GRMN) over the last 16 years, with Q3 2025 value amounting to 25.79%.
- Garmin's Operating Margin fell 17900.0% to 25.79% in Q3 2025 from the same period last year, while for Sep 2025 it was 25.61%, marking a year-over-year increase of 18000.0%. This contributed to the annual value of 25.31% for FY2024, which is 44200.0% up from last year.
- Garmin's Operating Margin amounted to 25.79% in Q3 2025, which was down 17900.0% from 26.03% recorded in Q2 2025.
- In the past 5 years, Garmin's Operating Margin registered a high of 28.32% during Q4 2024, and its lowest value of 17.17% during Q2 2023.
- Over the past 5 years, Garmin's median Operating Margin value was 22.7% (recorded in 2024), while the average stood at 23.09%.
- Its Operating Margin has fluctuated over the past 5 years, first plummeted by -48700bps in 2021, then soared by 64200bps in 2024.
- Quarter analysis of 5 years shows Garmin's Operating Margin stood at 22.64% in 2021, then decreased by -10bps to 20.45% in 2022, then increased by 12bps to 22.96% in 2023, then increased by 23bps to 28.32% in 2024, then decreased by -9bps to 25.79% in 2025.
- Its Operating Margin stands at 25.79% for Q3 2025, versus 26.03% for Q2 2025 and 21.68% for Q1 2025.