GARMIN LTD SG&A Expense 2007-2026 | GRMN
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What is sg&a expense?
Selling, general, and administrative expenses include all non-production costs such as marketing, corporate overhead, and management salaries.
What is GARMIN LTD's current sg&a expense?
GARMIN LTD (GRMN) annual sg&a expense for 2025 was $1.25B, a 13.08% increase from 2024. GARMIN LTD sg&a expense for the quarter ending March 28, 2026 was $314.8M.
What was GARMIN LTD's sg&a expense in 2024?
GARMIN LTD annual sg&a expense for 2024 was $1.11B, a 10.01% increase from 2023.
What was GARMIN LTD's sg&a expense in 2023?
GARMIN LTD annual sg&a expense for 2023 was $1.01B, a 6.79% increase from 2022.
What is GARMIN LTD's 5-year sg&a expense CAGR?
GARMIN LTD sg&a expense grew at a compound annual growth rate (CAGR) of 15.00% from FY2020 to FY2025, going from $623.6M to $1.25B over 5 years.
SG&A Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+15.0%
FY2020
$623.6M
→
FY2025
$1.25B
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5 years selected
SG&A Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.25B | +13.1% | 10-K |
| FY2024 | $1.11B | +10.0% | 10-K |
| FY2023 | $1.01B | +6.8% | 10-K |
| FY2022 | $944.0M | +30.9% | 10-K |
| FY2021 | $721.3M | +15.7% | 10-K |
| FY2020 | $623.6M | +20.3% | 10-K |
| FY2019 | $518.6M | +8.4% | 10-K |
| FY2018 | $478.2M | +9.2% | 10-K |
| FY2017 | $438.0M | +6.7% | 10-K |
| FY2016 | $410.6M | +4.0% | 10-K |
| FY2015 | $394.9M | +6.2% | 10-K |
| FY2014 | $372.0M | +4.7% | 10-K |
| FY2013 | $355.4M | -3.9% | 10-K |
| FY2012 | $369.8M | +8.4% | 10-K |
| FY2011 | $341.2M | +18.6% | 10-K |
| FY2010 | $287.8M | +8.9% | 10-K |
| FY2009 | $264.2M | -4.7% | 10-K |
| FY2008 | $277.2M | +46.2% | 10-K |
| FY2007 | $189.6M | - | 10-K |
Company: GARMIN LTDTicker: GRMNSector: OtherIndustry: Search, Detection, Navigation, Guidance, Aeronautical SysView company profile →