Garmin (GRMN) Profit After Tax (2009 - 2026)

Garmin's (GRMN) quarterly Profit After Tax came in at $405.1 million in Q1 2026, up 21.73% year-on-year from $332.8 million in Q1 2025, and down 23.38% quarter-over-quarter from $528.7 million in Q4 2025.

Garmin (GRMN) Profit After Tax (2009 - 2026) Analysis & Trends

Garmin has disclosed Profit After Tax across 18 years of filings, most recently posting $405.1 million for Q1 2026.

  • Profit After Tax for Q1 2026 came in at $405.1 million, up 21.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 18.25% YoY), and the FY2025 annual result was $1.7 billion, up 17.89% from the prior year.
  • Profit After Tax came in at $405.1 million for Q1 2026 at Garmin, down from $528.7 million in the prior quarter.
  • In the past five years, Profit After Tax ranged from a high of $542.1 million in Q4 2023 to a low of $202.3 million in Q2 2023.
  • The 5-year median for Profit After Tax is $300.6 million (2024), against an average of $337.9 million.
  • Across the five-year window, Profit After Tax soared 84.85% in 2023 and retreated 19.63% in 2024, its largest moves.
  • Garmin's Profit After Tax stood at $293.3 million in 2022, then jumped by 84.85% to $542.1 million in 2023, then slipped by 19.63% to $435.7 million in 2024, then climbed by 21.33% to $528.7 million in 2025, then declined by 23.38% to $405.1 million in 2026.
  • The last three Profit After Tax figures came in at $405.1 million (Q1 2026), $528.7 million (Q4 2025), and $401.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Coherent 75.99 Bn 74.70 Bn 679.95 Mn 181.67 Mn
2 Keysight Technologies 56.90 Bn 54.72 Bn 995.00 Mn 281.00 Mn
3 Garmin 45.32 Bn 42.62 Bn 1.04 Bn 405.08 Mn
4 Teledyne Technologies 28.36 Bn 28.06 Bn 673.80 Mn 226.80 Mn
5 Mks 21.03 Bn 20.46 Bn 507.00 Mn 84.00 Mn
6 Fortive 18.96 Bn 18.61 Bn 675.50 Mn 136.40 Mn
7 Trimble 12.56 Bn 12.32 Bn 646.30 Mn 98.90 Mn
8 Cognex 10.39 Bn 10.09 Bn 190.94 Mn 51.70 Mn
9 Esco Technologies 7.65 Bn 7.56 Bn 131.32 Mn 34.73 Mn
10 Sensata Technologies Holding 7.33 Bn 6.69 Bn 286.30 Mn 87.10 Mn

Historic Data

Download Data
DateValue
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