Garmin Ltd. Gross Profit 2007–2025
Garmin Ltd. reported $4.26B of gross profit for fiscal 2025. That was 15.1% higher than fiscal 2024. Compared with fiscal 2020, the change was +71.5%.
| Fiscal year | Gross Profit | Gross margin | Change (YoY) |
|---|---|---|---|
| FY 2025 | $4.26B | 58.7% | +15.1% |
| FY 2024 | $3.70B | 58.7% | +23.0% |
| FY 2023 | $3.00B | 57.5% | +7.1% |
| FY 2022 | $2.81B | 57.7% | -2.9% |
| FY 2021 | $2.89B | 58.0% | +16.5% |
| FY 2020 | $2.48B | 59.3% | +11.1% |
| FY 2019 | $2.23B | 59.5% | +12.8% |
| FY 2018 | $1.98B | 59.1% | +10.1% |
| FY 2017 | $1.80B | 57.6% | +6.5% |
| FY 2016 | $1.69B | 55.9% | +9.7% |
| FY 2015 | $1.54B | 54.6% | -4.1% |
| FY 2014 | $1.60B | 55.9% | +14.0% |
| FY 2013 | $1.41B | 53.5% | -2.2% |
| FY 2012 | $1.44B | 53.0% | +7.5% |
| FY 2011 | $1.34B | 48.5% | -0.6% |
| FY 2010 | $1.35B | 50.1% | -6.8% |
| FY 2009 | $1.44B | 49.0% | -7.0% |
| FY 2008 | $1.55B | 44.5% | +6.2% |
| FY 2007 | $1.46B | 46.0% | — |
Source: Garmin Ltd. SEC filings — income statement (10-K). Computed deterministically; refreshed nightly (last updated August 2, 2026). Open GRMN 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
Garmin Ltd. reported $4.26B of gross profit for fiscal 2025. That was 15.1% higher than fiscal 2024. Compared with fiscal 2020, the change was +71.5%. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
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What is Garmin Ltd.'s gross profit?
Garmin Ltd. (GRMN) reported gross profit of $4.26B for fiscal year 2025, per its SEC filings.
How has Garmin Ltd.'s gross profit changed over time?
Between fiscal 2007 and 2025, GRMN's gross profit grew at roughly 6.1% per year (compound annual rate), from $1.46B to $4.26B.
Where does this data come from?
Figures are computed from Garmin Ltd.'s official SEC filings (income statement (10-K)), refreshed nightly. Not investment advice.