GARMIN LTD Revenue 2007-2026 | GRMN
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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.
Revenue History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+11.6%
FY2020
$4.19B
→
FY2025
$7.25B
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5 years selected
Revenue History
| Period | Value | Change | Source |
|---|---|---|---|
| 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 |
Company: GARMIN LTDTicker: GRMNSector: OtherIndustry: Search, Detection, Navigation, Guidance, Aeronautical SysView company profile →