$285.22
+5.50
(+1.97%)
As of Oct 15, 2026, 9:39 PM EDT
Price history
Garmin (GRMN) is trading up at $285.22 (+1.97%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Consumer Discretionary sector.
Garmin revenue & net income history (FY2016–FY2025)
RevenueNet incomeNet margin (right axis, %)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $3.02B | $3.12B | $3.35B | $3.76B | $4.19B | $4.98B | $4.86B | $5.23B | $6.30B | $7.25B |
| Growth (year over year) | +7.0% | +3.4% | +7.2% | +12.2% | +11.4% | +19.0% | −2.5% | +7.6% | +20.4% | +15.1% |
| Gross profit | $1.69B | $1.80B | $1.98B | $2.23B | $2.48B | $2.89B | $2.81B | $3.00B | $3.70B | $4.26B |
| Gross margin | 55.9% | 57.6% | 59.1% | 59.5% | 59.3% | 58.0% | 57.7% | 57.5% | 58.7% | 58.7% |
| Operating income | $632.9M | $683.6M | $778.3M | $945.6M | $1.05B | $1.22B | $1.03B | $1.09B | $1.59B | $1.88B |
| Operating margin | 21.0% | 21.9% | 23.3% | 25.2% | 25.2% | 24.5% | 21.1% | 20.9% | 25.3% | 25.9% |
| Net income | $517.7M | $709.0M | $694.1M | $952.5M | $992.3M | $1.08B | $973.6M | $1.29B | $1.41B | $1.66B |
| Net margin | 17.2% | 22.7% | 20.7% | 25.3% | 23.7% | 21.7% | 20.0% | 24.7% | 22.4% | 23.0% |
| EPS (diluted) | $2.73 | $3.76 | $3.66 | $4.99 | $5.17 | $5.61 | $5.04 | $6.71 | $7.30 | $8.59 |
| Balance sheet | ||||||||||
| Cash and equivalents | $846.9M | $891.5M | $1.20B | $1.03B | $1.46B | $1.50B | $1.28B | $1.69B | $2.08B | $2.28B |
| Total assets | $4.53B | $4.95B | $5.38B | $6.17B | $7.03B | $7.85B | $7.73B | $8.60B | $9.63B | $11.0B |
| Total liabilities | $1.07B | $1.10B | $1.22B | $1.37B | $1.52B | $1.74B | $1.53B | $1.59B | $1.78B | $2.02B |
| Shareholders' equity | $3.45B | $3.85B | $4.16B | $4.79B | $5.52B | $6.11B | $6.20B | $7.01B | $7.85B | $8.97B |
| Cash flow | ||||||||||
| Operating cash flow | $705.7M | $660.8M | $919.5M | $698.5M | $1.14B | $1.01B | $788.3M | $1.38B | $1.43B | $1.63B |
| Capital expenditure | $91.0M | $139.7M | $155.8M | $118.0M | $185.4M | $307.6M | $244.3M | $193.5M | $193.6M | $270.4M |
| Free cash flow | $614.7M | $521.1M | $763.8M | $580.5M | $949.9M | $704.8M | $544.0M | $1.18B | $1.24B | $1.36B |
| Dividends paid | $481.5M | $383.0M | $296.1M | $417.3M | $450.6M | $491.5M | $679.1M | $558.8M | $572.4M | $663.9M |
| Share buybacks | $93.2M | $74.5M | — | — | — | — | — | — | — | — |
RevenueNet incomeNet margin (right axis, %)
| Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.51B | $1.59B | $1.82B | $1.54B | $1.81B | $1.77B | $2.12B | $1.75B |
| Growth (year over year) | +14.1% | +24.1% | +22.9% | +11.1% | +20.4% | +11.7% | +16.6% | +14.2% |
| Gross profit | $862.9M | $951.6M | $1.08B | $884.5M | $1.07B | $1.05B | $1.26B | $1.04B |
| Gross margin | 57.3% | 60.0% | 59.3% | 57.6% | 58.8% | 59.1% | 59.2% | 59.4% |
| Operating income | $342.0M | $437.5M | $516.1M | $332.8M | $472.3M | $456.8M | $614.2M | $431.7M |
| Operating margin | 22.7% | 27.6% | 28.3% | 21.7% | 26.0% | 25.8% | 28.9% | 24.6% |
| Net income | $300.6M | $399.1M | $435.7M | $332.8M | $400.8M | $401.6M | $528.7M | $405.1M |
| Net margin | 20.0% | 25.2% | 23.9% | 21.7% | 22.1% | 22.7% | 24.9% | 23.1% |
| EPS (diluted) | $1.56 | $2.07 | $2.24 | $1.72 | $2.07 | $2.08 | $2.72 | $2.09 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.94B | $2.01B | $2.08B | $2.18B | $2.07B | $2.07B | $2.28B | $2.29B |
| Total assets | $8.88B | $9.35B | $9.63B | $9.79B | $10.3B | $10.5B | $11.0B | $11.0B |
| Total liabilities | $1.88B | $1.84B | $1.78B | $1.61B | $2.20B | $2.04B | $2.02B | $1.68B |
| Shareholders' equity | $7.00B | $7.51B | $7.85B | $8.18B | $8.13B | $8.48B | $8.97B | $9.27B |
| Cash flow | ||||||||
| Operating cash flow | $255.3M | $258.0M | $483.9M | $420.8M | $173.2M | $485.6M | $553.8M | $536.0M |
| Capital expenditure | $37.2M | $38.5M | $84.7M | $40.1M | $45.7M | $60.5M | $124.2M | $66.6M |
| Free cash flow | $218.2M | $219.4M | $399.2M | $380.7M | $127.5M | $425.1M | $429.6M | $469.4M |
| Dividends paid | $144.0M | $144.1M | $144.0M | $144.6M | $173.2M | $173.2M | $173.0M | $173.6M |
From Garmin's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Garmin
Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets.
- Headquarters
- Schaffhausen, Switzerland From SEC filings, Oct 2026
Recent News (20)
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Garmin selects Ventura, California as newest Garmin Marathon Series location Event will showcase breathtaking mountain and ocean scenery in August 2027 OLATHE, Kan., Oct. 14, 2026 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Garmin Marathon Series will expand to a f…
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More than 2,500 aircraft are now equipped with Garmin's revolutionary Autoland system Robert J. Collier Trophy-winning technology reaches a major milestone as availability continues to expand OLATHE, Kan., Oct. 14, 2026 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced that more than…
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Why is Garmin stock rallying 3% today?
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Meet the third-generation MARQ collection from Garmin: premium tool watches designed for life's most ambitious pursuits New collection introduces larger displays, advanced navigation, on-wrist connectivity and more on six uniquely designed luxury watches OLATHE, Kan., Oct. 13, 2026 /PRNewswire/ -- Garmin (NYSE: GRMN) t…
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Garmin marks 1,000th King Air retrofit with G1000 integrated flight deck delivered to the U.S. Army Milestone G1000 NXi installation with Autothrottle completed by Stevens Aerospace & Defense OLATHE, Kan., Oct. 13, 2026 /PRNewswire/ -- /PR Newswire – Garmin (NYSE: GRMN) today announced the delivery …
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Garmin earns multiple marine industry honors at IBEX 2026 Awards from IBEX, the Sea Tow Foundation and Soundings Trade Only recognize Garmin products and companywide innovation OLATHE, Kan., Oct. 12, 2026 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced i…
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Garmin launches Enduro 4 smartwatch with 320-hour battery life
Garmin launches Enduro 4 smartwatch with 320-hour battery life
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Garmin Ltd. schedules third quarter 2026 earnings call SCHAFFHAUSEN, Switzerland, Sept. 23, 2026 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its third quarter 2026 earnings conference call on Wednesday, October…
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Garmin’s (GRMN) New Autopilot Signals Where Growth Is Headed
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Apple Watch Rival Garmin Traverses Rocky Road Toward Buy Range Apple Watch Rival Garmin Traverses Rocky Road Toward Buy Range Investor's Business Daily
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Garmin Stock: Is GRMN Underperforming the Technology Sector?
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Garmin General Manager Sells $3.0 Million Stock Position
Garmin General Manager Sells $3.0 Million Stock Position
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