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Garmin Ltd (GRMN)

Garmin Ltd brought in $7.5B of revenue over the twelve months to March 28, 2026, up 15.7% from a year earlier. Net income was $1.7B, a net margin of 23.3%. Operating cash flow minus capital spending left $1.4B of free cash flow in fiscal 2025. At March 28, 2026 it held $2.3B in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 29, 2026.

Price
$294.14
-0.31% on the day · September 25, 2026
52-week range $186.67 to $314.28
Market cap
$56.7B
Revenue (last 12 months)
$7.5B
+15.7% year on year
Net margin
23.3%
P/E
34.2
on FY2025 diluted EPS

What Garmin Ltd does

Garmin designs and manufactures GPS navigation devices, smartwatches, fitness trackers, and avionics equipment. It sells these products to retail consumers, pilots, boaters, and outdoor enthusiasts. The company is known for satellite-based tracking and navigation hardware across aviation, marine, and fitness markets. Its shares trade on NYSE under the ticker GRMN.

Revenue and profit by year

Revenue
FY18: $3.3B $3.3B FY18FY19: $3.8B $3.8B FY19FY20: $4.2B $4.2B FY20FY21: $5B $5B FY21FY22: $4.9B $4.9B FY22FY23: $5.2B $5.2B FY23FY24: $6.3B $6.3B FY24FY25: $7.2B $7.2B FY25
Net income
FY18: $694.1M $694.1M FY18FY19: $952.5M $952.5M FY19FY20: $992.3M $992.3M FY20FY21: $1.1B $1.1B FY21FY22: $973.6M $973.6M FY22FY23: $1.3B $1.3B FY23FY24: $1.4B $1.4B FY24FY25: $1.7B $1.7B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$7.2B$1.9B$1.7B$8.59$1.4B
2024$6.3B$1.6B$1.4B$7.30$1.2B
2023$5.2B$1.1B$1.3B$6.71$1.2B
2022$4.9B$1B$973.6M$5.04$544M
2021$5B$1.2B$1.1B$5.61$704.8M
2020$4.2B$1.1B$992.3M$5.17$949.9M

Latest SEC filings

What Garmin Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. July 29, 2026
    Quarterly report 10-Q · period to June 27, 2026
  2. July 29, 2026
  3. July 10, 2026
  4. July 9, 2026
  5. June 25, 2026
  6. June 8, 2026
  7. May 27, 2026
  8. April 29, 2026
    Quarterly report 10-Q · period to March 28, 2026
  9. April 29, 2026
  10. April 28, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 20, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about GRMN

What does Garmin Ltd do?

Garmin designs and manufactures GPS navigation devices, smartwatches, fitness trackers, and avionics equipment. It sells these products to retail consumers, pilots, boaters, and outdoor enthusiasts. The company is known for satellite-based tracking and navigation hardware across aviation, marine, and fitness markets. Its shares trade on NYSE under the ticker GRMN.

Is Garmin Ltd profitable?

Yes. Over the twelve months to March 28, 2026 it reported net income of $1.7B on revenue of $7.5B, a net margin of 23.3%.

How much revenue does Garmin Ltd make?

Over the twelve months to March 28, 2026 Garmin Ltd reported revenue of $7.5B. That is 15.7% more than a year earlier.

When did Garmin Ltd last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 29, 2026. It covers the period to June 27, 2026. Its newest filing of any kind is the insider trade from August 20, 2026.

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Where the numbers come from

Financial figures are the values Garmin Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.