Garmin (GRMN) Operating Margin: 2009-2025
Historic Operating Margin for Garmin (GRMN) over the last 14 years, with Sep 2025 value amounting to 25.79%.
- Garmin's Operating Margin fell 179.00% 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 180.00%. This contributed to the annual value of 25.31% for FY2024, which is 442.00% up from last year.
- According to the latest figures from Q3 2025, Garmin's Operating Margin is 25.79%, which was down 0.90% from 26.03% recorded in Q2 2025.
- Garmin's 5-year Operating Margin high stood at 28.32% for Q4 2024, and its period low was 17.17% during Q2 2023.
- Over the past 3 years, Garmin's median Operating Margin value was 22.70% (recorded in 2024), while the average stood at 23.32%.
- As far as peak fluctuations go, Garmin's Operating Margin slumped by 487bps in 2021, and later spiked by 642bps in 2024.
- Quarterly analysis of 5 years shows Garmin's Operating Margin stood at 22.64% in 2021, then tumbled by 219bps to 20.45% in 2022, then skyrocketed by 251bps to 22.96% in 2023, then surged by 535bps to 28.32% in 2024, then plummeted by 179bps to 25.79% in 2025.
- Its Operating Margin was 25.79% in Q3 2025, compared to 26.03% in Q2 2025 and 21.68% in Q1 2025.