Garmin Cost of Goods Sold 2012-2026 | GRMN
Garmin annual/quarterly cost of goods sold history and growth rate from 2012 to 2026. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Garmin cost of goods sold for the quarter ending March 31, 2026 was $0.711B, a 9.32% increase year-over-year.
- Garmin cost of goods sold for the twelve months ending March 31, 2026 was $3.050B, a 14.17% increase year-over-year.
- Garmin annual cost of goods sold for 2025 was $2.989B, a 14.95% increase from 2024.
- Garmin annual cost of goods sold for 2024 was $2.6B, a 16.96% increase from 2023.
- Garmin annual cost of goods sold for 2023 was $2.223B, a 8.27% increase from 2022.
|
Garmin Annual Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2025 | $2,989 |
| 2024 | $2,600 |
| 2023 | $2,223 |
| 2022 | $2,054 |
| 2021 | $2,092 |
| 2020 | $1,705 |
| 2019 | $1,524 |
| 2018 | $1,368 |
| 2017 | $1,324 |
| 2016 | $1,357 |
| 2015 | $1,282 |
| 2014 | $1,266 |
| 2013 | $1,225 |
| 2012 | $1,277 |
| 2011 | $1,420 |
|
Garmin Quarterly Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2026-03-31 | $711 |
| 2025-12-31 | $867 |
| 2025-09-30 | $724 |
| 2025-06-30 | $748 |
| 2025-03-31 | $651 |
| 2024-12-31 | $743 |
| 2024-09-30 | $634 |
| 2024-06-30 | $644 |
| 2024-03-31 | $580 |
| 2023-12-31 | $618 |
| 2023-09-30 | $549 |
| 2023-06-30 | $561 |
| 2023-03-31 | $495 |
| 2022-12-31 | $561 |
| 2022-09-30 | $470 |
| 2022-06-30 | $512 |
| 2022-03-31 | $510 |
| 2021-12-31 | $619 |
| 2021-09-30 | $496 |
| 2021-06-30 | $546 |
| 2021-03-31 | $431 |
| 2020-12-31 | $560 |
| 2020-09-30 | $441 |
| 2020-06-30 | $354 |
| 2020-03-31 | $349 |
| 2019-12-31 | $463 |
| 2019-09-30 | $367 |
| 2019-06-30 | $379 |
| 2019-03-31 | $314 |
| 2018-12-31 | $383 |
| 2018-09-30 | $329 |
| 2018-06-30 | $371 |
| 2018-03-31 | $284 |
| 2017-12-31 | $394 |
| 2017-09-30 | $314 |
| 2017-06-30 | $347 |
| 2017-03-31 | $269 |
| 2016-12-31 | $408 |
| 2016-09-30 | $316 |
| 2016-06-30 | $349 |
| 2016-03-31 | $284 |
| 2015-12-31 | $368 |
| 2015-09-30 | $318 |
| 2015-06-30 | $355 |
| 2015-03-31 | $241 |
| 2014-12-31 | $372 |
| 2014-09-30 | $308 |
| 2014-06-30 | $333 |
| 2014-03-31 | $252 |
| 2013-12-31 | $365 |
| 2013-09-30 | $291 |
| 2013-06-30 | $313 |
| 2013-03-31 | $256 |
| 2012-12-31 | $395 |
| 2012-09-30 | $313 |
| 2012-06-30 | $296 |
| 2012-03-31 | $273 |
| 2011-12-31 | $476 |
| 2011-09-30 | $323 |
| 2011-06-30 | $352 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Electrical Products - Miscellaneous | $49.446B | $7.246B |
| Garmin, Ltd. is an original equipment manufacturer of navigation and communication equipment that incorporate the global positioning system (GPS)-based technology. The company's diverse portfolio of handheld, portable and fixed-mount GPS-enabled devices provides geographical location and navigation data using the GPS satellite system. The company reports operations under five segments: Outdoor, Fitness, Marine, Auto and Aviation. | |||
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| Osram Licht AG (OSAGF) | Germany | $62.133B | 90.19 |
| Teradyne (TER) | United States | $57.612B | 92.69 |
| Rockwell Automation (ROK) | United States | $44.494B | 34.86 |
| Daikin Industries (DKILY) | Japan | $38.193B | 21.36 |
| Smc (SMCAY) | Japan | $28.486B | 26.87 |
| Flex (FLEX) | United States | $28.215B | 27.60 |
| MKS (MKSI) | United States | $18.094B | 34.11 |
| SiTime (SITM) | United States | $11.054B | 0.00 |
| Timken (TKR) | United States | $7.449B | 20.03 |
| Spectris (SEPJY) | United Kingdom | $5.212B | 0.00 |
| Brother Industries (BRTHY) | Japan | $4.704B | 12.78 |
| Plug Power (PLUG) | United States | $3.819B | 0.00 |
| Hayward Holdings (HAYW) | United States | $3.130B | 18.67 |
| Bel Fuse (BELFB) | United States | $2.983B | 48.81 |
| Alps Alpine - (APELY) | Japan | $2.965B | 19.13 |
| Bel Fuse (BELFA) | United States | $2.825B | 33.16 |
| Casio Computer (CSIOY) | Japan | $2.474B | 25.14 |
| Preformed Line Products (PLPC) | United States | $1.528B | 35.86 |
| Enovix (ENVX) | United States | $1.323B | 0.00 |
| Eastman Kodak (KODK) | United States | $1.180B | 0.00 |
| Daktronics (DAKT) | United States | $0.961B | 20.95 |
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| Mistras Group Inc (MG) | United States | $0.531B | 18.76 |
| Kopin (KOPN) | United States | $0.485B | 0.00 |
| Star Group (SGU) | United States | $0.412B | 7.93 |
| Electrovaya (ELVA) | Canada | $0.396B | 68.83 |
| American Battery Technology (ABAT) | United States | $0.375B | 0.00 |
| Cartesian Growth III (CGCT) | United States | $0.354B | 0.00 |
| Microvision (MVIS) | United States | $0.186B | 0.00 |
| NOVONIX (NVX) | Australia | $0.162B | 0.00 |
| Owlet (OWLT) | United States | $0.141B | 0.00 |
| Heritage Media (OLVI) | $0.138B | 0.00 | |
| Spruce Power Holding (SPRU) | United States | $0.073B | 0.00 |
| XCHG (XCH) | Germany | $0.067B | 0.00 |
| Universal Electronics (UEIC) | United States | $0.053B | 0.00 |
| Solidion Technology (STI) | United States | $0.053B | 0.00 |
| Acorn Energy (ACFN) | United States | $0.046B | 25.66 |
| Wallbox (WBX) | Spain | $0.035B | 0.00 |
| Research Frontiers (REFR) | United States | $0.033B | 0.00 |
| Beam Global (BEEM) | United States | $0.032B | 0.00 |
| ESS Tech (GWH) | United States | $0.031B | 0.00 |
| Key Tronic (KTCC) | United States | $0.030B | 0.00 |
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| Flux Power Holdings (FLUX) | United States | $0.023B | 0.00 |
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| BIO-key (BKYI) | United States | $0.006B | 0.00 |
| Linkers Industries (LNKS) | $0.003B | 0.00 | |
| CCSC Technology Holdings (CCTG) | Hong Kong, SAR China | $0.002B | 0.00 |
| Elong Power Holding (ELPW) | China | $0.002B | 0.00 |
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