Garmin (GRMN) Profit After Tax (2009 - 2026)
Garmin (GRMN) posted Profit After Tax of $541.9 million for Q2 2026, up 33.78% sequentially from $405.1 million in Q1 2026, and up 35.2% YoY from $400.8 million in Q2 2025.
Garmin (GRMN) Profit After Tax (2009 - 2026) Analysis & Trends
Garmin has reported Profit After Tax for 18 years, with the latest figure at $541.9 million in Q2 2026.
- Quarterly Profit After Tax rose 35.2% year-over-year to $541.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.9 billion (up 19.69% YoY) and the FY2025 annual result came in at $1.7 billion, up 17.89% from the prior year.
- Profit After Tax climbed to $541.9 million in Q2 2026 per GRMN's latest filing, from $405.1 million in the prior quarter.
- Over five years, Profit After Tax peaked at $542.1 million in Q4 2023 and troughed at $202.3 million in Q2 2023.
- A 5-year average of $349.2 million and a median of $316.7 million in 2024 frame the typical range for Profit After Tax.
- The sharpest annual moves came in 2023 and 2024: Profit After Tax surged 84.85% in 2023, then slipped 19.63% in 2024.
- Over 5 years, Profit After Tax stood at $293.3 million in 2022, then soared by 84.85% to $542.1 million in 2023, then declined by 19.63% to $435.7 million in 2024, then increased by 21.33% to $528.7 million in 2025, then increased by 2.5% to $541.9 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered $541.9 million, $405.1 million, and $528.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 541.92 Mn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 349.00 Mn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 240.53 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 251.70 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 205.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 157.30 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | -471.70 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 72.76 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 32.74 Mn |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 102.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 541.92 Mn |
| 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 |