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GARMIN LTD Pre-tax Income 2007-2026 | GRMN

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$2.01B

+18.8%YoY vs FY2024Source: 10-KFY2025

From $978.3M in FY2007 to $2.01B in FY2025: 2.1× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$473M+21.4%Not reportedNot reportedNot reported
FY25$389M+19.0%$480M+31.2%$510M+4.8%$635M+23.1%
FY24$327M+47.5%$366M$486M+73.9%$516M
FY23$222M−6.0%Not reported$280M+26.9%Not reported
FY22$236M−5.8%$279M−25.0%$220M−20.0%$330M+6.8%
Share19%25%26%31%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+12.8%

FY2020
$1.10B
FY2025
$2.01B

5 years selected · on the chart

Pre-tax Income History

Year-over-year comparison from 10-K annual reports

  1. $2.01B
YoY changeLargest recent move+41.2%in FY24Latest +18.8%

Pre-tax Income, period by period

PeriodValueChangeSource
FY2025$2.01B+18.8%10-K
FY2024$1.70B+41.2%10-K
FY2023$1.20B+12.7%10-K
FY2022$1.06B−11.8%10-K
FY2021$1.21B+9.4%10-K
FY2020$1.10B+11.8%10-K
FY2019$987.2M+19.9%10-K
FY2018$823.2M+18.1%10-K
FY2017$697.1M+9.2%10-K
FY2016$638.6M+12.6%10-K
FY2015$567.2M−21.6%10-K
FY2014$723.7M+10.7%10-K
FY2013$653.6M+4.6%10-K
FY2012$624.5M+6.9%10-K
FY2011$584.2M+1.2%10-K
FY2010$577.3M−28.6%10-K
FY2009$808.7M−11.6%10-K
FY2008$914.4M−6.5%10-K
FY2007$978.3M—10-K

What is GARMIN LTD's current pre-tax income?

GARMIN LTD (GRMN) annual pre-tax income for 2025 was $2.01B, a 18.82% increase from 2024. GARMIN LTD pre-tax income for the quarter ending March 28, 2026 was $472.5M.

What was GARMIN LTD's pre-tax income in 2024?

GARMIN LTD annual pre-tax income for 2024 was $1.70B, a 41.24% increase from 2023.

What was GARMIN LTD's pre-tax income in 2023?

GARMIN LTD annual pre-tax income for 2023 was $1.20B, a 12.71% increase from 2022.

What is GARMIN LTD's 5-year pre-tax income CAGR?

GARMIN LTD pre-tax income grew at a compound annual growth rate (CAGR) of 12.79% from FY2020 to FY2025, going from $1.10B to $2.01B over 5 years.

Company
GARMIN LTD
Ticker
GRMN
Sector
Other
Industry
Search, Detection, Navigation, Guidance, Aeronautical Sys