Garmin annual gross profit
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2025
Garmin Gross Profit Growth & History (GRMN)
Garmin's gross profit was $4.26B for fiscal 2025.
View full Garmin company overviewGarmin annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-27 | $4.26B | $559.7M | +15.14% |
| 2024 | 2024-12-28 | $3.70B | $691.6M | +23.02% |
| 2023 | 2023-12-30 | $3.00B | $198.2M | +7.06% |
| 2022 | 2022-12-31 | $2.81B | −$83.7M | −2.90% |
| 2021 | 2021-12-25 | $2.89B | $409.1M | +16.49% |
| 2020 | 2020-12-26 | $2.48B | $247.4M | +11.07% |
| 2019 | 2019-12-28 | $2.23B | $254.3M | +12.84% |
| 2018 | 2018-12-29 | $1.98B | $181.8M | +10.11% |
| 2017 | 2017-12-30 | $1.80B | $109.4M | +6.48% |
| 2016 | 2016-12-31 | $1.69B | $149.8M | +9.74% |
| 2015 | 2015-12-26 | $1.54B | −$65.7M | −4.10% |
| 2014 | 2014-12-27 | $1.60B | $197.1M | +14.01% |
| 2013 | 2013-12-28 | $1.41B | −$31.2M | −2.17% |
| 2012 | 2012-12-29 | $1.44B | $99.9M | +7.46% |
| 2011 | 2011-12-31 | $1.34B | −$7.8M | −0.58% |
| 2010 | 2010-12-25 | $1.35B | −$97.7M | −6.77% |
| 2009 | 2009-12-26 | $1.44B | −$109.4M | −7.04% |
| 2008 | 2008-12-27 | $1.55B | $90.3M | +6.17% |
| 2007 | 2007-12-29 | $1.46B | — | — |
Garmin quarterly gross profit
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Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.26B | $195.0M | +18.28% |
| Q1 2026 | 2026-03-28 | $1.04B | $157.7M | +17.83% |
| Q4 2025 | 2025-12-27 | $1.26B | $178.3M | +16.51% |
| Q3 2025 | 2025-09-27 | $1.05B | $94.9M | +9.97% |
| Q2 2025 | 2025-06-28 | $1.07B | $204.1M | +23.66% |
| Q1 2025 | 2025-03-29 | $884.5M | $82.4M | +10.27% |
| Q4 2024 | 2024-12-28 | $1.08B | $215.8M | +24.97% |
| Q3 2024 | 2024-09-28 | $951.6M | $223.0M | +30.61% |
| Q2 2024 | 2024-06-29 | $862.9M | $103.4M | +13.62% |
| Q1 2024 | 2024-03-30 | $802.1M | $149.3M | +22.88% |
| Q4 2023 | 2023-12-30 | $864.1M | $119.2M | +16.00% |
| Q3 2023 | 2023-09-30 | $728.6M | $58.1M | +8.66% |
| Q2 2023 | 2023-07-01 | $759.4M | $30.6M | +4.20% |
| Q1 2023 | 2023-04-01 | $652.8M | −$9.7M | −1.46% |
| Q4 2022 | 2022-12-31 | $745.0M | −$27.1M | −3.51% |
| Q3 2022 | 2022-09-24 | $670.5M | −$25.4M | −3.66% |
| Q2 2022 | 2022-06-25 | $728.8M | −$52.0M | −6.66% |
| Q1 2022 | 2022-03-26 | $662.5M | $20.9M | +3.26% |
| Q4 2021 | 2021-12-25 | $772.1M | −$18.9M | −2.39% |
| Q3 2021 | 2021-09-25 | $695.9M | $28.0M | +4.19% |
| Q2 2021 | 2021-06-26 | $780.9M | $265.4M | +51.50% |
| Q1 2021 | 2021-03-27 | $641.6M | $134.6M | +26.55% |
| Q4 2020 | 2020-12-26 | $791.0M | $151.5M | +23.70% |
| Q3 2020 | 2020-09-26 | $668.0M | $100.5M | +17.71% |
| Q2 2020 | 2020-06-27 | $515.4M | −$59.9M | −10.42% |
| Q1 2020 | 2020-03-28 | $506.9M | $55.2M | +12.23% |
| Q4 2019 | 2019-12-28 | $639.5M | $90.3M | +16.44% |
| Q3 2019 | 2019-09-28 | $567.5M | $86.7M | +18.04% |
| Q2 2019 | 2019-06-29 | $575.4M | $52.1M | +9.96% |
| Q1 2019 | 2019-03-30 | $451.7M | $25.2M | +5.90% |
| Q4 2018 | 2018-12-29 | $549.2M | $45.7M | +9.07% |
| Q3 2018 | 2018-09-29 | $480.7M | $43.2M | +9.88% |
| Q2 2018 | 2018-06-30 | $523.3M | $39.1M | +8.08% |
| Q1 2018 | 2018-03-31 | $426.5M | $53.7M | +14.41% |
| Q4 2017 | 2017-12-30 | $503.5M | $32.7M | +6.95% |
| Q3 2017 | 2017-09-30 | $437.5M | $31.5M | +7.77% |
| Q2 2017 | 2017-07-01 | $484.1M | $21.2M | +4.57% |
| Q1 2017 | 2017-04-01 | $372.8M | $33.0M | +9.70% |
| Q4 2016 | 2016-12-31 | $470.8M | $57.6M | +13.95% |
| Q3 2016 | 2016-09-24 | $406.0M | $43.8M | +12.09% |
| Q2 2016 | 2016-06-25 | $463.0M | $43.7M | +10.43% |
| Q1 2016 | 2016-03-26 | $339.9M | −$4.3M | −1.24% |
| Q4 2015 | 2015-12-26 | $413.1M | −$17.7M | −4.11% |
| Q3 2015 | 2015-09-26 | $362.2M | −$36.1M | −9.05% |
| Q2 2015 | 2015-06-27 | $419.3M | −$25.2M | −5.68% |
| Q1 2015 | 2015-03-28 | $344.1M | $13.3M | +4.02% |
| Q4 2014 | 2014-12-27 | $430.8M | $36.2M | +9.18% |
| Q3 2014 | 2014-09-27 | $398.2M | $45.4M | +12.85% |
| Q2 2014 | 2014-06-28 | $444.5M | $60.8M | +15.86% |
| Q1 2014 | 2014-03-29 | $330.8M | $54.7M | +19.81% |
| Q4 2013 | 2013-12-28 | $394.6M | $20.8M | +5.56% |
| Q3 2013 | 2013-09-28 | $352.9M | −$6.2M | −1.72% |
| Q2 2013 | 2013-06-29 | $383.6M | −$38.2M | −9.05% |
| Q1 2013 | 2013-03-30 | $276.1M | −$7.6M | −2.69% |
| Q4 2012 | 2012-12-29 | $373.9M | −$59.9M | −13.82% |
| Q3 2012 | 2012-09-29 | $359.1M | $14.7M | +4.28% |
| Q2 2012 | 2012-06-30 | $421.8M | $99.7M | +30.96% |
| Q1 2012 | 2012-03-31 | $283.8M | $45.4M | +19.04% |
| Q4 2011 | 2011-12-31 | $433.8M | $54.0M | +14.22% |
| Q3 2011 | 2011-09-24 | $344.3M | $311,000 | +0.09% |
| Q2 2011 | 2011-06-25 | $322.1M | −$69.6M | −17.76% |
| Q1 2011 | 2011-03-26 | $238.4M | $7.5M | +3.23% |
| Q4 2010 | 2010-12-25 | $379.8M | −$107.0M | −21.98% |
| Q3 2010 | 2010-09-25 | $344.0M | −$65.7M | −16.04% |
| Q2 2010 | 2010-06-26 | $391.7M | $40.0M | +11.39% |
| Q1 2010 | 2010-03-27 | $230.9M | $34.9M | +17.81% |
| Q4 2009 | 2009-12-26 | $486.8M | — | — |
| Q3 2009 | 2009-09-26 | $409.7M | $24.1M | +6.25% |
| Q2 2009 | 2009-06-27 | $351.6M | −$65.5M | −15.71% |
| Q1 2009 | 2009-03-28 | $196.0M | — | — |
| Q3 2008 | 2008-09-27 | $385.6M | — | — |
| Q2 2008 | 2008-06-28 | $417.1M | — | — |
Garmin gross profit trends
Over the last five fiscal years, Garmin's gross profit increased from $2.48B to $4.26B, a change of $1.77B. The latest reported quarter, Q2 2026, shows $1.26B.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Garmin source filings ↗