Growth Metrics

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

Historic Research & Development for Garmin (GRMN) over the last 16 years, with Q3 2025 value amounting to $286.5 million.

  • Garmin's Research & Development rose 1497.1% to $286.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.1 billion, marking a year-over-year increase of 1212.92%. This contributed to the annual value of $993.6 million for FY2024, which is 982.71% up from last year.
  • Per Garmin's latest filing, its Research & Development stood at $286.5 million for Q3 2025, which was up 1497.1% from $276.7 million recorded in Q2 2025.
  • Garmin's Research & Development's 5-year high stood at $286.5 million during Q3 2025, with a 5-year trough of $186.0 million in Q2 2021.
  • For the 5-year period, Garmin's Research & Development averaged around $228.6 million, with its median value being $221.6 million (2023).
  • As far as peak fluctuations go, Garmin's Research & Development skyrocketed by 4006.25% in 2021, and later surged by 490.99% in 2022.
  • Quarter analysis of 5 years shows Garmin's Research & Development 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 rose by 9.07% to $258.8 million in 2024, then rose by 10.71% to $286.5 million in 2025.
  • Its Research & Development stands at $286.5 million for Q3 2025, versus $276.7 million for Q2 2025 and $268.1 million for Q1 2025.