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Garmin (GRMN) Research & Development (2017 - 2025)

Garmin's Research & Development history spans 14 years, with the latest figure at $295.0 million for Q4 2025.

  • For Q4 2025, Research & Development rose 14.0% year-over-year to $295.0 million; the TTM value through Dec 2025 reached $1.1 billion, up 13.35%, while the annual FY2025 figure was $1.1 billion, 13.35% up from the prior year.
  • Research & Development for Q4 2025 was $295.0 million at Garmin, up from $286.5 million in the prior quarter.
  • Across five years, Research & Development topped out at $295.0 million in Q4 2025 and bottomed at $186.0 million in Q2 2021.
  • The 5-year median for Research & Development is $223.0 million (2023), against an average of $231.9 million.
  • The largest annual shift saw Research & Development skyrocketed 40.06% in 2021 before it increased 4.91% in 2022.
  • A 5-year view of Research & Development shows it stood at $205.0 million in 2021, then rose by 5.25% to $215.7 million in 2022, then grew by 9.98% to $237.2 million in 2023, then increased by 9.07% to $258.8 million in 2024, then rose by 14.0% to $295.0 million in 2025.
  • Per Business Quant, the three most recent readings for GRMN's Research & Development are $295.0 million (Q4 2025), $286.5 million (Q3 2025), and $276.7 million (Q2 2025).