Garmin (GRMN) Retained Earnings (2009 - 2026)
Garmin's Retained Earnings was $7.11 billion in Q2 2026, up 17.7% from $6.04 billion a year earlier but down 3.6% from the prior quarter.
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Analysis
Garmin (GRMN) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Retained Earnings at Garmin came in at $6.97 billion, up 16.2% from FY2024.
- Retained Earnings has now increased for nine consecutive years, with a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- In earlier years, Retained Earnings was $6 billion in FY2024 (+14.0%), $5.26 billion in FY2023 (+11.2%), $4.73 billion in FY2022 (+9.6%) and $4.32 billion in FY2021 (+15.1%).
- Quarterly Retained Earnings has moved between $4.03 billion (Q3 2021) and $7.37 billion (Q1 2026) over five years.
- Compared with a year earlier, Retained Earnings has increased for 25 straight quarters, with growth averaging 16.4% over the last eight quarters.
- The year-over-year growth in Retained Earnings has ranged between 5.7% (Q2 2023) and 17.9% (Q3 2021) over the last five years.
- Per Business Quant data, GRMN's Retained Earnings in the three quarters before Q2 2026 was $7.37 billion (Q1 2026), $6.97 billion (Q4 2025) and $6.44 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 11.33 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 1.57 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 10.07 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 11.68 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 9.65 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | -5.91 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 10.00 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 34.88 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | -7.80 Bn |
| 10 | Garmin | 55.35 Bn | 44.71 Bn | 1.26 Bn | 7.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 7.11 Bn |
| Mar 28, 2026 | 7.37 Bn |
| Dec 27, 2025 | 6.97 Bn |
| Sep 27, 2025 | 6.44 Bn |
| Jun 28, 2025 | 6.04 Bn |
| Mar 29, 2025 | 6.33 Bn |
| Dec 28, 2024 | 6.00 Bn |
| Sep 28, 2024 | 5.56 Bn |
| Jun 29, 2024 | 5.16 Bn |
| Mar 30, 2024 | 5.44 Bn |
| Dec 30, 2023 | 5.26 Bn |
| Sep 30, 2023 | 4.72 Bn |
| Jul 1, 2023 | 4.46 Bn |
| Apr 1, 2023 | 4.94 Bn |
| Dec 31, 2022 | 4.73 Bn |
| Sep 24, 2022 | 4.44 Bn |
| Jun 25, 2022 | 4.23 Bn |
| Mar 26, 2022 | 4.53 Bn |
| Dec 25, 2021 | 4.32 Bn |
| Sep 25, 2021 | 4.03 Bn |
API Access
Garmin Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();