Garmin vs Mind Technology: revenue, profit, margins and growth compared
Garmin brought in $7.2B of revenue in fiscal 2025, Mind Technology $40.9M in fiscal 2026. Revenue changed by +15.1% at Garmin and -12.6% at Mind Technology on the year before, so Garmin grew faster. Garmin kept 23.0% of its revenue as net profit, Mind Technology 1.8%. Free cash flow was $1.4B at Garmin and $1.9M at Mind Technology.
Fiscal years as each company reports them; the two may end in different months.
Questions about Garmin and Mind Technology
Which is bigger by revenue, Garmin or Mind Technology?
Garmin is bigger by revenue: $7.2B in fiscal 2025, against $40.9M for Mind Technology in fiscal 2026.
Which keeps more of its revenue as profit, Garmin or Mind Technology?
Garmin had a net margin of 23.0% in fiscal 2025; Mind Technology had 1.8% in fiscal 2026.
Which grew revenue faster, Garmin or Mind Technology?
In their latest fiscal years revenue changed by +15.1% at Garmin and -12.6% at Mind Technology.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.