Growth Metrics

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

Garmin (GRMN) has disclosed Research & Development for 16 consecutive years, with $295.0 million as the latest value for Q4 2025.

  • Quarterly Research & Development rose 14.0% to $295.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.1 billion through Dec 2025, up 13.35% year-over-year, with the annual reading at $1.1 billion for FY2025, 13.35% up from the prior year.
  • Research & Development hit $295.0 million in Q4 2025 for Garmin, up from $286.5 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $295.0 million in Q4 2025 to a low of $186.0 million in Q2 2021.
  • Historically, Research & Development has averaged $231.9 million across 5 years, with a median of $223.0 million in 2023.
  • Biggest five-year swings in Research & Development: soared 40.06% in 2021 and later rose 4.91% in 2022.
  • Year by year, Research & Development stood at $205.0 million in 2021, then rose by 5.25% to $215.7 million in 2022, then increased by 9.98% to $237.2 million in 2023, then rose by 9.07% to $258.8 million in 2024, then grew by 14.0% to $295.0 million in 2025.
  • Business Quant data shows Research & Development for GRMN at $295.0 million in Q4 2025, $286.5 million in Q3 2025, and $276.7 million in Q2 2025.