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GARMIN LTD Revenue 2007-2026 | GRMN

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$7.25B

+15.1%YoY vs FY2024Source: 10-KFY2025

From $3.18B in FY2007 to $7.25B in FY2025: 2.3× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$1.8B+14.2%Not reportedNot reportedNot reported
FY25$1.5B+11.1%$1.8B+20.4%$1.8B+11.7%$2.1B+16.6%
FY24$1.4B+20.4%$1.5B$1.6B+24.1%$1.8B
FY23$1.1B−2.2%Not reported$1.3B+12.0%Not reported
FY22$1.2B+9.4%$1.2B−6.5%$1.1B−4.3%$1.3B−6.1%
Share22%25%25%29%

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

+11.6%

FY2020
$4.19B
FY2025
$7.25B

5 years selected · on the chart

Revenue History

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

  1. $7.25B
YoY changeLargest recent move+20.4%in FY24Latest +15.1%

Revenue, period by period

PeriodValueChangeSource
FY2025$7.25B+15.1%10-K
FY2024$6.30B+20.4%10-K
FY2023$5.23B+7.6%10-K
FY2022$4.86B−2.5%10-K
FY2021$4.98B+19.0%10-K
FY2020$4.19B+11.4%10-K
FY2019$3.76B+12.2%10-K
FY2018$3.35B+8.4%10-K
FY2017$3.09B+2.3%10-K
FY2016$3.02B+7.0%10-K
FY2015$2.82B−1.8%10-K
FY2014$2.87B+9.1%10-K
FY2013$2.63B−3.1%10-K
FY2012$2.72B−1.6%10-K
FY2011$2.76B+2.6%10-K
FY2010$2.69B−8.7%10-K
FY2009$2.95B−15.7%10-K
FY2008$3.49B+9.9%10-K
FY2007$3.18B—10-K

What is revenue?

Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.

What is GARMIN LTD's current revenue?

GARMIN LTD (GRMN) annual revenue for 2025 was $7.25B, a 15.06% increase from 2024. GARMIN LTD revenue for the quarter ending March 28, 2026 was $1.75B.

What was GARMIN LTD's revenue in 2024?

GARMIN LTD annual revenue for 2024 was $6.30B, a 20.44% increase from 2023.

What was GARMIN LTD's revenue in 2023?

GARMIN LTD annual revenue for 2023 was $5.23B, a 7.57% increase from 2022.

What is GARMIN LTD's 5-year revenue CAGR?

GARMIN LTD revenue grew at a compound annual growth rate (CAGR) of 11.59% from FY2020 to FY2025, going from $4.19B to $7.25B over 5 years.

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