Garmin (GRMN) Retained Earnings (2009 - 2026)
Garmin's (GRMN) quarterly Retained Earnings came in at $7.1 billion in Q2 2026, up 17.67% year-over-year from $6.0 billion in Q2 2025, and down 3.64% quarter-over-quarter from $7.4 billion in Q1 2026.
Analysis
Garmin (GRMN) Retained Earnings (2009 - 2026) Analysis & Trends
Garmin has disclosed Retained Earnings across 18 years of filings, most recently posting $7.1 billion for Q2 2026.
- In Q2 2026, Retained Earnings rose 17.67% year-over-year to $7.1 billion; the TTM figure through Jun 2026 stood at $7.1 billion (up 17.67% YoY), while the FY2025 annual figure was $7.0 billion, up 16.19% from the prior year.
- Retained Earnings came in at $7.1 billion for Q2 2026 at Garmin, down from $7.4 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $7.4 billion in Q1 2026 to a low of $4.2 billion in Q2 2022.
- Average Retained Earnings over 5 years is $5.5 billion, with a median of $5.4 billion recorded in 2023.
- Year-over-year, Retained Earnings gained 5.66% in 2023 and grew 17.83% in 2024.
- Over 5 years, Retained Earnings stood at $4.7 billion in 2022, then advanced by 11.2% to $5.3 billion in 2023, then grew by 13.98% to $6.0 billion in 2024, then grew by 16.19% to $7.0 billion in 2025, then climbed by 1.96% to $7.1 billion in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were $7.1 billion in Q2 2026, $7.4 billion in Q1 2026, and $7.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn | 11.33 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn | 7.11 Bn |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 | 438.14 Mn |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn | - |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn | -63.47 Mn |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - | 61.21 Mn |
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 |