Garmin (GRMN) Research & Development (2009 - 2026)

Garmin (GRMN) has 17 years of Research & Development data on file, last reported at $295.8 million in Q1 2026.

• Quarterly Research & Development rose 10.33% year-over-year to $295.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 13.22% YoY) and the FY2025 annual result came in at $1.1 billion, up 13.35% from the prior year.
• Research & Development steadied at $295.8 million in Q1 2026 per GRMN's latest filing, from $295.0 million in the prior quarter.
• The five-year high for Research & Development was $295.8 million in Q1 2026, with the low at $201.5 million in Q2 2022.
• Average Research & Development over 5 years is $244.4 million, with a median of $242.5 million recorded in 2024.
• Year-over-year, Research & Development advanced 4.91% in 2022 and climbed 14.97% in 2025.
• Garmin's Research & Development stood at $215.7 million in 2022, then rose by 9.98% to $237.2 million in 2023, then grew by 9.07% to $258.8 million in 2024, then advanced by 14.0% to $295.0 million in 2025, then rose by 0.28% to $295.8 million in 2026.
• Business Quant data shows GRMN's Research & Development at $295.8 million in Q1 2026, $295.0 million in Q4 2025, and $286.5 million in Q3 2025.