Garmin (NYSE: GRMN) revenue
Garmin reported revenue of $7,246m for fiscal 2025, 15.1% more than in fiscal 2024 ($6,297m). Since fiscal 2016 its revenue has grown by 137.9%, an average growth of 10.1% a year.
Revenue by fiscal year
| Fiscal year | Revenue | Change | Operating profit | Operating margin |
|---|---|---|---|---|
| 2025 | $7,246m | +15.1% | $1,876m | 25.9% |
| 2024 | $6,297m | +20.4% | $1,594m | 25.3% |
| 2023 | $5,228m | +7.6% | $1,092m | 20.9% |
| 2022 | $4,860m | −2.5% | $1,028m | 21.1% |
| 2021 | $4,983m | +19.0% | $1,219m | 24.5% |
| 2020 | $4,187m | +11.4% | $1,054m | 25.2% |
| 2019 | $3,758m | +12.2% | $945.6m | 25.2% |
| 2018 | $3,347m | +7.2% | $778.3m | 23.3% |
| 2017 | $3,122m | +2.5% | $683.6m | 21.9% |
| 2016 | $3,046m | — | $632.9m | 20.8% |
The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the revenue of Garmin
- How much revenue did Garmin make in fiscal 2025?
- Garmin reported revenue of $7,246m for fiscal 2025, compared with $6,297m in fiscal 2024.
- How much has the revenue of Garmin grown?
- Between fiscal 2016 and fiscal 2025 it went from $3,046m to $7,246m: 137.9% more, an average growth of 10.1% a year.
- What was the best year for revenue at Garmin?
- Of its last 10 fiscal years, fiscal 2025, with $7,246m.
- Where do the figures for Garmin come from?
- From the annual report (Form 10-K) that Garmin files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Garmin files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Garmin: the Garmin page · annual accounts · net income · dividends paid · insider transactions.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.