GRMN Revenue 2026
Annual and quarterly sales data for Garmin Ltd
Latest Annual Revenue
$6.30B
2024-12-28
YoY Growth
+20.4%
vs. previous year
4-Year CAGR
46.9%
compound growth
Annual Revenue History
2024-12-28
$6.30B
YoY Growth
+20.4%
2023-12-30
$5.23B
YoY Growth
+7.6%
2022-12-31
$4.86B
YoY Growth
-2.5%
2021-12-25
$4.98B
YoY Growth
+268.7%
2020-12-26
$1.35B
Quarterly Revenue Breakdown
2025-09-27
$1.77B
2025-06-28
$1.81B
2025-03-29
$1.54B
2024-09-28
$1.59B
2024-06-29
$1.51B
2024-03-30
$1.38B
2023-09-30
$1.28B
2023-07-01
$1.32B
Revenue by Segment
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Frequently Asked Questions
What is GRMN's revenue?
GRMN (Garmin Ltd) reported $6.30 billion in revenue for 2024-12-28. This represents a 20.4% increase compared to the previous year.
How much revenue does GRMN make per year?
Garmin Ltd generates approximately $6.30 billion in annual revenue based on the most recent fiscal year ending 2024-12-28.
Is GRMN revenue growing?
Yes, GRMN's revenue is growing. The company achieved 20.4% revenue growth year-over-year. Over the past 4 years, revenue has grown at a compound annual growth rate (CAGR) of 46.9%.
What is GRMN's quarterly revenue?
GRMN reported $1.77 billion in revenue for the most recent quarter (2025-09-27).
What are GRMN's revenue sources?
GRMN's revenue comes from multiple segments: Total Revenue. See the revenue breakdown below for detailed segment analysis.
How does GRMN compare to competitors in revenue?
GRMN generates $6.30 billion in annual revenue in the Technology sector. Compare GRMN to competitors using our stock comparison tool to see relative market share and growth rates.
What is GRMN's revenue per share?
Revenue per share for GRMN can be calculated by dividing annual revenue by shares outstanding. Visit our stock analysis page for detailed metrics.
Why is GRMN's revenue important for investors?
Revenue (also called sales or top-line) is the total income Garmin Ltd generates from its operations. Revenue growth indicates business expansion and market share gains. For GRMN, tracking revenue trends helps investors understand the company's growth trajectory, pricing power, and market position in the Technology sector.
What affects GRMN's revenue growth?
Key factors affecting GRMN's revenue include: market demand, pricing strategy, competitive dynamics, product/service mix, geographic expansion, and macroeconomic conditions. For technology companies, innovation cycles and subscription renewals are also critical.
How to analyze GRMN's revenue quality?
To assess GRMN's revenue quality, consider: (1) Revenue consistency - is growth sustainable? (2) Revenue sources - diversified or concentrated? (3) Recurring vs one-time revenue - subscription models are more predictable. (4) Customer concentration - dependency on few customers. (5) Currency exposure for international operations.
Disclaimer: Revenue data is based on publicly filed financial statements. Historical performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.