KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeTax ProvisionsTax Rate
Others
Ratios

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.
  • In the past 5 years, Garmin's Research & Development ranged from a high of $286.5 million in Q3 2025 and a low of $186.0 million during 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 surged by 4006.25% in 2021, and later soared by 490.99% in 2022.
  • Over the past 5 years, Garmin's Research & Development (Quarter) stood at $205.0 million in 2021, then grew by 5.25% to $215.7 million in 2022, then increased by 9.98% to $237.2 million in 2023, then grew by 9.07% to $258.8 million in 2024, then grew by 10.71% to $286.5 million in 2025.
  • Its Research & Development was $286.5 million in Q3 2025, compared to $276.7 million in Q2 2025 and $268.1 million in Q1 2025.