01—History
Cost of Revenue History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $2.99B
02—Ledger
Cost of Revenue, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $2.99B | +15.0% | 10-K | |
| FY2024 | $2.60B | +17.0% | 10-K | |
| FY2023 | $2.22B | +8.3% | 10-K | |
| FY2022 | $2.05B | −1.9% | 10-K | |
| FY2021 | $2.09B | +22.7% | 10-K | |
| FY2020 | $1.71B | +11.9% | 10-K | |
| FY2019 | $1.52B | +11.4% | 10-K | |
| FY2018 | $1.37B | +3.3% | 10-K | |
| FY2017 | $1.32B | −2.5% | 10-K | |
| FY2016 | $1.36B | +5.9% | 10-K | |
| FY2015 | $1.28B | +1.2% | 10-K | |
| FY2014 | $1.27B | +3.4% | 10-K | |
| FY2013 | $1.22B | −4.1% | 10-K | |
| FY2012 | $1.28B | −10.1% | 10-K | |
| FY2011 | $1.42B | +5.7% | 10-K | |
| FY2010 | $1.34B | −10.6% | 10-K | |
| FY2009 | $1.50B | −22.6% | 10-K | |
| FY2008 | $1.94B | +13.0% | 10-K | |
| FY2007 | $1.72B | — | 10-K |
03—Questions
What is cost of revenue?
Cost of revenue includes the direct costs attributable to producing goods or delivering services sold by the company.
What is GARMIN LTD's current cost of revenue?
GARMIN LTD (GRMN) annual cost of revenue for 2025 was $2.99B, a 14.95% increase from 2024. GARMIN LTD cost of revenue for the quarter ending March 28, 2026 was $711.2M.
What was GARMIN LTD's cost of revenue in 2024?
GARMIN LTD annual cost of revenue for 2024 was $2.60B, a 16.96% increase from 2023.
What was GARMIN LTD's cost of revenue in 2023?
GARMIN LTD annual cost of revenue for 2023 was $2.22B, a 8.27% increase from 2022.
What is GARMIN LTD's 5-year cost of revenue CAGR?
GARMIN LTD cost of revenue grew at a compound annual growth rate (CAGR) of 11.88% from FY2020 to FY2025, going from $1.71B to $2.99B over 5 years.
- Company
- GARMIN LTD
- Ticker
- GRMN
- Sector
- Other
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys