Garmin (GRMN) Profit After Tax (2009 - 2026)
Garmin (GRMN) posted Profit After Tax of $405.1 million for Q1 2026, down 23.38% sequentially from $528.7 million in Q4 2025, and up 21.73% YoY from $332.8 million in Q1 2025.
Garmin (GRMN) Profit After Tax (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 18 years of Profit After Tax data on file, last reported at $405.1 million in Q1 2026.
- Quarterly Profit After Tax rose 21.73% year-over-year to $405.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 18.25% YoY) and the FY2025 annual result came in at $1.7 billion, up 17.89% from the prior year.
- Profit After Tax eased to $405.1 million in Q1 2026 per GRMN's latest filing, from $528.7 million in the prior quarter.
- The five-year high for Profit After Tax was $542.1 million in Q4 2023, with the low at $202.3 million in Q2 2023.
- Average Profit After Tax over 5 years is $337.9 million, with a median of $300.6 million recorded in 2024.
- Year-over-year, Profit After Tax jumped 84.85% in 2023 and declined 19.63% in 2024.
- Garmin's Profit After Tax stood at $293.3 million in 2022, then jumped by 84.85% to $542.1 million in 2023, then fell by 19.63% to $435.7 million in 2024, then rose by 21.33% to $528.7 million in 2025, then decreased by 23.38% to $405.1 million in 2026.
- Business Quant data shows GRMN's Profit After Tax at $405.1 million in Q1 2026, $528.7 million in Q4 2025, and $401.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 181.67 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 21.10 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 281.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 226.80 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 136.40 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 98.90 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 51.70 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 87.10 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 405.08 Mn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 27.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 405.08 Mn |
| Dec 27, 2025 | 528.68 Mn |
| Sep 27, 2025 | 401.62 Mn |
| Jun 28, 2025 | 400.82 Mn |
| Mar 29, 2025 | 332.77 Mn |
| Dec 28, 2024 | 435.73 Mn |
| Sep 28, 2024 | 399.11 Mn |
| Jun 29, 2024 | 300.63 Mn |
| Mar 30, 2024 | 275.96 Mn |
| Dec 30, 2023 | 542.13 Mn |
| Sep 30, 2023 | 257.24 Mn |
| Jul 1, 2023 | 287.94 Mn |
| Apr 1, 2023 | 202.33 Mn |
| Dec 31, 2022 | 293.27 Mn |
| Sep 24, 2022 | 210.85 Mn |
| Jun 25, 2022 | 257.87 Mn |
| Mar 26, 2022 | 211.59 Mn |
| Dec 25, 2021 | 286.14 Mn |
| Sep 25, 2021 | 259.04 Mn |
| Jun 26, 2021 | 317.00 Mn |