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Garmin (GRMN) Research & Development (2017 - 2026)

Garmin's Research & Development history spans 17 years, with the latest figure at $295.8 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 10.33% to $295.8 million in Q1 2026 year-over-year; TTM through Mar 2026 was $1.2 billion, a 13.22% increase, with the full-year FY2025 number at $1.1 billion, up 13.35% from a year prior.
  • Research & Development hit $295.8 million in Q1 2026 for Garmin, roughly flat from $295.0 million in the prior quarter.
  • Over the last five years, Research & Development for GRMN hit a ceiling of $295.8 million in Q1 2026 and a floor of $201.5 million in Q2 2022.
  • Historically, Research & Development has averaged $244.4 million across 5 years, with a median of $242.5 million in 2024.
  • Biggest five-year swings in Research & Development: rose 4.91% in 2022 and later grew 14.97% in 2025.
  • Tracing GRMN's Research & Development over 5 years: stood at $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, then grew by 0.28% to $295.8 million in 2026.
  • Business Quant data shows Research & Development for GRMN at $295.8 million in Q1 2026, $295.0 million in Q4 2025, and $286.5 million in Q3 2025.