Garmin Gross Profit 2012-2025 | GRMN

Garmin annual/quarterly gross profit history and growth rate from 2012 to 2025. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Garmin gross profit for the quarter ending September 30, 2025 was $1.046B, a 9.97% increase year-over-year.
  • Garmin gross profit for the twelve months ending September 30, 2025 was $4.078B, a 17.16% increase year-over-year.
  • Garmin annual gross profit for 2024 was $3.697B, a 23.02% increase from 2023.
  • Garmin annual gross profit for 2023 was $3.005B, a 7.06% increase from 2022.
  • Garmin annual gross profit for 2022 was $2.807B, a 2.9% decline from 2021.
Garmin Annual Gross Profit
(Millions of US $)
2024 $3,697
2023 $3,005
2022 $2,807
2021 $2,890
2020 $2,481
2019 $2,234
2018 $1,980
2017 $1,798
2016 $1,689
2015 $1,539
2014 $1,604
2013 $1,407
2012 $1,438
2011 $1,339
Garmin Quarterly Gross Profit
(Millions of US $)
2025-09-30 $1,046
2025-06-30 $1,067
2025-03-31 $885
2024-12-31 $1,080
2024-09-30 $952
2024-06-30 $863
2024-03-31 $802
2023-12-31 $864
2023-09-30 $729
2023-06-30 $759
2023-03-31 $653
2022-12-31 $745
2022-09-30 $670
2022-06-30 $729
2022-03-31 $662
2021-12-31 $772
2021-09-30 $696
2021-06-30 $781
2021-03-31 $642
2020-12-31 $791
2020-09-30 $668
2020-06-30 $515
2020-03-31 $507
2019-12-31 $639
2019-09-30 $567
2019-06-30 $575
2019-03-31 $452
2018-12-31 $549
2018-09-30 $481
2018-06-30 $523
2018-03-31 $427
2017-12-31 $503
2017-09-30 $438
2017-06-30 $484
2017-03-31 $373
2016-12-31 $480
2016-09-30 $406
2016-06-30 $463
2016-03-31 $340
2015-12-31 $413
2015-09-30 $362
2015-06-30 $419
2015-03-31 $344
2014-12-31 $431
2014-09-30 $398
2014-06-30 $444
2014-03-31 $331
2013-12-31 $395
2013-09-30 $353
2013-06-30 $384
2013-03-31 $276
2012-12-31 $374
2012-09-30 $359
2012-06-30 $422
2012-03-31 $284
2011-12-31 $434
2011-09-30 $344
2011-06-30 $322
2011-03-31 $238
Sector Industry Market Cap Revenue
Computer and Technology Electrical Products - Miscellaneous $41.302B $6.297B
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.
Stock Name Country Market Cap PE Ratio
KLA (KLAC) United States $191.913B 41.30
Tokyo Electron (TOELY) Japan $130.416B 41.03
Hoya (HOCPY) Japan $62.268B 37.63
Teradyne (TER) United States $49.278B 79.26
Rockwell Automation (ROK) United States $44.311B 34.72
Daikin Industries (DKILY) Japan $37.313B 20.87
Smc (SMCAY) Japan $29.980B 28.28
Flex (FLEX) United States $23.619B 23.11
MKS (MKSI) United States $17.514B 34.49
SiTime (SITM) United States $11.052B 0.00
Timken (TKR) United States $7.512B 20.23
Spectris (SEPJY) United Kingdom $5.212B 0.00
Brother Industries (BRTHY) Japan $5.209B 14.15
Hayward Holdings (HAYW) United States $3.624B 22.28
Bel Fuse (BELFB) United States $2.948B 45.48
Bel Fuse (BELFA) United States $2.726B 34.17
Plug Power (PLUG) United States $2.630B 0.00
Casio Computer (CSIOY) Japan $2.371B 24.09
Preformed Line Products (PLPC) United States $1.368B 30.63
Daktronics (DAKT) United States $1.340B 31.60
Enovix (ENVX) United States $1.278B 0.00
Eastman Kodak (KODK) United States $0.739B 0.00
Kimball Electronics (KE) United States $0.583B 17.46
American Battery Technology (ABAT) United States $0.500B 0.00
Mistras Group Inc (MG) United States $0.459B 16.55
Star Group (SGU) United States $0.423B 8.13
Kopin (KOPN) United States $0.402B 0.00
Electrovaya (ELVA) Canada $0.372B 64.58
Microvision (MVIS) United States $0.230B 0.00
NOVONIX (NVX) Australia $0.193B 0.00
Owlet (OWLT) United States $0.187B 0.00
Heritage Media (OLVI) $0.151B 0.00
Spruce Power Holding (SPRU) United States $0.080B 0.00
XCHG (XCH) $0.060B 0.00
Universal Electronics (UEIC) United States $0.055B 0.00
Acorn Energy (ACFN) United States $0.046B 20.67
Wallbox (WBX) Spain $0.039B 0.00
Solidion Technology (STI) United States $0.036B 0.00
ESS Tech (GWH) United States $0.034B 0.00
Research Frontiers (REFR) United States $0.034B 0.00
Stardust Power (SDST) United States $0.034B 0.00
Key Tronic (KTCC) United States $0.034B 0.00
Beam Global (BEEM) United States $0.028B 0.00
Dragonfly Energy Holdings (DFLI) United States $0.027B 0.00
Flux Power Holdings (FLUX) United States $0.022B 0.00
Linkers Industries (LNKS) $0.015B 0.00
Greenland Technologies Holding (GTEC) United States $0.014B 0.95
Gauzy (GAUZ) Israel $0.014B 0.00
MKDWELL Tech (MKDW) Taiwan $0.008B 0.00
Expion360 (XPON) United States $0.007B 0.00
BIO-key (BKYI) United States $0.006B 0.00
CCSC Technology Holdings (CCTG) Hong Kong, SAR China $0.003B 0.00
Elong Power Holding (ELPW) China $0.002B 0.00
Erayak Power Solution Group (RAYA) China $0.001B 0.00