Garmin Ltd. Net Income 2007–2025
Garmin Ltd. reported $1.66B of net income for fiscal 2025. That was 17.9% higher than fiscal 2024. Compared with fiscal 2020, the change was +67.7%.
| Fiscal year | Net Income | Net margin | Change (YoY) |
|---|---|---|---|
| FY 2025 | $1.66B | 23.0% | +17.9% |
| FY 2024 | $1.41B | 22.4% | +9.4% |
| FY 2023 | $1.29B | 24.7% | +32.5% |
| FY 2022 | $973.59M | 20.0% | -10.0% |
| FY 2021 | $1.08B | 21.7% | +9.1% |
| FY 2020 | $992.32M | 23.7% | +4.2% |
| FY 2019 | $952.49M | 25.3% | +37.2% |
| FY 2018 | $694.08M | 20.7% | -2.1% |
| FY 2017 | $709.01M | 22.7% | +36.9% |
| FY 2016 | $517.72M | 17.2% | +13.5% |
| FY 2015 | $456.23M | 16.2% | +25.3% |
| FY 2014 | $364.21M | 12.7% | -40.5% |
| FY 2013 | $612.41M | 23.3% | +12.9% |
| FY 2012 | $542.40M | 20.0% | +4.1% |
| FY 2011 | $520.90M | 18.9% | -10.9% |
| FY 2010 | $584.60M | 21.7% | -17.0% |
| FY 2009 | $703.95M | 23.9% | -3.9% |
| FY 2008 | $732.85M | 21.0% | -14.3% |
| FY 2007 | $855.01M | 26.9% | — |
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 $1.66B of net income for fiscal 2025. That was 17.9% higher than fiscal 2024. Compared with fiscal 2020, the change was +67.7%. 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 net income?
Garmin Ltd. (GRMN) reported net income of $1.66B for fiscal year 2025, per its SEC filings.
How has Garmin Ltd.'s net income changed over time?
Between fiscal 2007 and 2025, GRMN's net income grew at roughly 3.8% per year (compound annual rate), from $855.01M to $1.66B.
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.