Garmin (GRMN) Raw Materials (2010 - 2026)
Garmin (GRMN) recorded Raw Materials of $733.55 million in Q2 2026, up 16.5% from $629.81 million a year earlier and up 10.1% from the prior quarter.
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Analysis
Garmin (GRMN) Raw Materials (2010 - 2026) Analysis & Trends
At the end of FY2025, Garmin reported Raw Materials of $618.23 million, up 18.4% from FY2024.
- Annual Raw Materials has a five-year compound annual growth rate of 17.0% (FY2020 to FY2025).
- Across earlier years, Raw Materials came in at $522.21 million in FY2024 (+5.8%), $493.49 million in FY2023 (-17.9%), $600.86 million in FY2022 (+17.9%) and $509.44 million in FY2021 (+80.5%).
- The Q2 2026 figure is the highest quarterly Raw Materials in data going back to Q4 2010.
- On a year-over-year basis, Raw Materials has increased for eight consecutive quarters, with growth averaging 13.8% over the last eight quarters.
- Peak year-over-year performance for Raw Materials in the last five years was growth of 80.5% in Q4 2021, against a decline of 19.8% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $666.36 million (Q1 2026), $618.23 million (Q4 2025) and $615.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn |
| 10 | Garmin | 55.35 Bn | 44.71 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 733.55 Mn |
| Mar 28, 2026 | 666.36 Mn |
| Dec 27, 2025 | 618.23 Mn |
| Sep 27, 2025 | 615.70 Mn |
| Jun 28, 2025 | 629.81 Mn |
| Mar 29, 2025 | 537.54 Mn |
| Dec 28, 2024 | 522.21 Mn |
| Sep 28, 2024 | 565.25 Mn |
| Jun 29, 2024 | 525.17 Mn |
| Mar 30, 2024 | 488.36 Mn |
| Dec 30, 2023 | 493.49 Mn |
| Sep 30, 2023 | 530.32 Mn |
| Jul 1, 2023 | 544.66 Mn |
| Apr 1, 2023 | 608.90 Mn |
| Dec 31, 2022 | 600.86 Mn |
| Sep 24, 2022 | 539.69 Mn |
| Jun 25, 2022 | 581.56 Mn |
| Mar 26, 2022 | 545.67 Mn |
| Dec 25, 2021 | 509.44 Mn |
| Sep 25, 2021 | 463.31 Mn |
API Access
Garmin Raw Materials 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=raw-materials&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();