Garmin $GRMN

Consumer Discretionary · Consumer Electronics · NYSE/NASDAQ

$290.43
+4.27 (+1.49%)
As of Oct 20, 2026, 2:00 PM EDT
Price history
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Key facts

52-week range (closes)
$187.10 – $313.16 Lowest close Nov 20, 2025, highest Aug 10, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
Next earnings
Oct 28, 2026, before the open · EPS forecast $2.38 Nasdaq earnings calendar, as of Oct 20, 2026
Fiscal year ends
December Fiscal 2025 ended Dec 27, 2025, from SEC filings
In the S&P 500 since
Dec 11, 2012 · All S&P 500 changes

Garmin (GRMN) is trading up at $290.43 (+1.49%) 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, %)
$7.25B$3.62B$0FY2016 revenue: $3.02BFY2016 net income: $517.7M · Net margin 17.2%'16FY2017 revenue: $3.12BFY2017 net income: $709.0M · Net margin 22.7%'17FY2018 revenue: $3.35BFY2018 net income: $694.1M · Net margin 20.7%'18FY2019 revenue: $3.76BFY2019 net income: $952.5M · Net margin 25.3%'19FY2020 revenue: $4.19BFY2020 net income: $992.3M · Net margin 23.7%'20FY2021 revenue: $4.98BFY2021 net income: $1.08B · Net margin 21.7%'21FY2022 revenue: $4.86BFY2022 net income: $973.6M · Net margin 20.0%'22FY2023 revenue: $5.23BFY2023 net income: $1.29B · Net margin 24.7%'23FY2024 revenue: $6.30BFY2024 net income: $1.41B · Net margin 22.4%'24FY2025 revenue: $7.25BFY2025 net income: $1.66B · Net margin 23.0%'250%10%20%30%FY2016 net margin: 17.2%FY2017 net margin: 22.7%FY2018 net margin: 20.7%FY2019 net margin: 25.3%FY2020 net margin: 23.7%FY2021 net margin: 21.7%FY2022 net margin: 20.0%FY2023 net margin: 24.7%FY2024 net margin: 22.4%FY2025 net margin: 23.0%
Garmin annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 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 margin55.9%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 margin21.0%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 margin17.2%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————————

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 →

Garmin vs the Consumer Discretionary sector and the S&P 500

Garmin's latest reported figures next to the median of the other 46 S&P 500 Consumer Discretionary companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.

Garmin compared with the median Consumer Discretionary company and the median S&P 500 company
MeasureGarminConsumer Discretionary (46 other S&P 500 companies)S&P 500 (502 other companies)
Revenue growth, latest fiscal year+15.1%+4.9%+7.0%
Net margin, latest fiscal year23.0%9.7%12.9%
Share price change, 1 year+14.9%−10.4%+5.6%

Garmin: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Garmin included, are the last regular-session prices of October 19, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 46/496, net margin 46/496, 1-year price change 46/490; the reasons below can overlap. 12 are left out of the price figure because our archive holds no comparable close for them. The S&P 500 price figure is the middle company's change, not the index's return.

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.

Source: Wikipedia — Garmin

Headquarters
Schaffhausen, Switzerland From SEC filings, Oct 2026

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