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Garmin (GRMN) Revenue: 2009-2024

Historic Revenue for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $6.3 billion.

  • Garmin's Revenue rose 11.66% to $1.8 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $6.9 billion, marking a year-over-year increase of 16.56%. This contributed to the annual value of $6.3 billion for FY2024, which is 20.44% up from last year.
  • Latest data reveals that Garmin reported Revenue of $6.3 billion as of FY2024, which was up 20.44% from $5.2 billion recorded in FY2023.
  • Over the past 5 years, Garmin's Revenue peaked at $6.3 billion during FY2024, and registered a low of $4.2 billion during FY2020.
  • Moreover, its 3-year median value for Revenue was $5.2 billion (2023), whereas its average is $5.5 billion.
  • Per our database at Business Quant, Garmin's Revenue fell by 2.46% in 2022 and then rose by 20.44% in 2024.
  • Yearly analysis of 5 years shows Garmin's Revenue stood at $4.2 billion in 2020, then grew by 19.02% to $5.0 billion in 2021, then fell by 2.46% to $4.9 billion in 2022, then climbed by 7.57% to $5.2 billion in 2023, then climbed by 20.44% to $6.3 billion in 2024.