Garmin (GRMN) Income After Tax (2009 - 2026)
Garmin (GRMN) posted Income After Tax of $541.66 million for Q3 2026, up 34.9% from $401.62 million a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Garmin (GRMN) Income After Tax (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 26, 2026, Income After Tax at Garmin was $2.02 billion, up 28.4% year-over-year; for FY2025, it was $1.66 billion, up 17.9% from FY2024.
- Annual Income After Tax has increased for three consecutive years, with a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- In prior years, Garmin's Income After Tax was $1.41 billion in FY2024 (+9.4%), $1.29 billion in FY2023 (+32.5%), $973.59 million in FY2022 (-10.0%) and $1.08 billion in FY2021 (+9.1%).
- Quarterly Income After Tax has run from a low of $202.33 million in Q1 2023 to a high of $541.92 million in Q2 2026 over five years.
- On a year-over-year basis, Income After Tax has increased in each of the last 14 quarters, with growth averaging 23.1% over the last eight quarters.
- The strongest year-over-year quarter for Income After Tax in the past five years was Q3 2024, with growth of 55.1%; the weakest was Q2 2022, with a decline of 18.7%.
- According to Business Quant data, Income After Tax for the three prior quarters was $541.92 million (Q2 2026), $405.08 million (Q1 2026) and $528.68 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,001.57 Bn | 4,747.03 Bn | 54.82 Bn | 30.71 Bn |
| 2 | Cisco Systems | 377.71 Bn | 313.64 Bn | 11.06 Bn | 3.86 Bn |
| 3 | Dell Technologies | 202.66 Bn | 158.42 Bn | 9.83 Bn | 4.13 Bn |
| 4 | Arista Networks | 201.17 Bn | 150.37 Bn | 2.33 Bn | 1.56 Bn |
| 5 | Sony | 169.37 Bn | 106.78 Bn | 7.96 Bn | 2.87 Bn |
| 6 | Sandisk | 116.13 Bn | 100.95 Bn | 9.38 Bn | 8.10 Bn |
| 7 | Seagate Technology Holdings | 107.17 Bn | 102.01 Bn | 2.43 Bn | 1.76 Bn |
| 8 | Western Digital | 100.18 Bn | 90.01 Bn | 2.53 Bn | 1.78 Bn |
| 9 | Hewlett Packard Enterprise | 58.54 Bn | 36.42 Bn | 4.93 Bn | 1.54 Bn |
| 10 | Garmin | 55.19 Bn | 44.75 Bn | 1.26 Bn | 541.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 541.66 Mn |
| 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 | 370.92 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 |
API Access
Garmin Income After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();