TTM
$7.46B
YoY change
+15.1%
5Y CAGR
+11.6%
Peak year (2025)
$7.25B
Cumulative revenue
$79.42B
Revenue history chart for Garmin (GRMN) from 1999 to 2025
Latest: $7.25B
Revenue growth chart for Garmin (GRMN) from 1999 to 2025
Latest: +15.1%
Revenue history table for Garmin (GRMN) from 1999 to 2025
| 2025 | $7.25B | +15.1% | +$948.62M | ||
| 2024 | $6.30B | +20.4% | +$1.07B | ||
| 2023 | $5.23B | +7.6% | +$367.97M | ||
| 2022 | $4.86B | -2.5% | −$122.51M | ||
| 2021 | $4.98B | +19.0% | +$796.22M | ||
| 2020 | $4.19B | +11.4% | +$429.07M | ||
| 2019 | $3.76B | +12.2% | +$410.06M | ||
| 2018 | $3.35B | +8.4% | +$260.44M | ||
| 2017 | $3.09B | +2.3% | +$68.34M | ||
| 2016 | $3.02B | +7.0% | +$198.40M | ||
| 2015 | $2.82B | -1.8% | −$50.39M | ||
| 2014 | $2.87B | +9.1% | +$238.81M | ||
| 2013 | $2.63B | -3.1% | −$83.82M | ||
| 2012 | $2.72B | -1.6% | −$42.89M | ||
| 2011 | $2.76B | +2.6% | +$68.66M | ||
| 2010 | $2.69B | -8.7% | −$256.53M | ||
| 2009 | $2.95B | -15.7% | −$547.64M | ||
| 2008 | $3.49B | +9.9% | +$313.76M | ||
| 2007 | $3.18B | +79.3% | +$1.41B | ||
| 2006 | $1.77B | +72.6% | +$746.23M | ||
| 2005 | $1.03B | +34.8% | +$265.22M | ||
| 2004 | $762.55M | +33.1% | +$189.56M | ||
| 2003 | $572.99M | +23.2% | +$107.84M | ||
| 2002 | $465.14M | +26.0% | +$96.03M | ||
| 2001 | $369.12M | +6.8% | +$23.38M | ||
| 2000 | $345.74M | +48.7% | +$113.16M | ||
| 1999 | $232.59M | — | — |
- 2025$7.25B+15.1%
- 2024$6.30B+20.4%
- 2023$5.23B+7.6%
- 2022$4.86B-2.5%
- 2021$4.98B+19.0%
- 2020$4.19B+11.4%
- 2019$3.76B+12.2%
- 2018$3.35B+8.4%
- 2017$3.09B+2.3%
- 2016$3.02B+7.0%
- 2015$2.82B-1.8%
- 2014$2.87B+9.1%
- 2013$2.63B-3.1%
- 2012$2.72B-1.6%
- 2011$2.76B+2.6%
- 2010$2.69B-8.7%
- 2009$2.95B-15.7%
- 2008$3.49B+9.9%
- 2007$3.18B+79.3%
- 2006$1.77B+72.6%
- 2005$1.03B+34.8%
- 2004$762.55M+33.1%
- 2003$572.99M+23.2%
- 2002$465.14M+26.0%
- 2001$369.12M+6.8%
- 2000$345.74M+48.7%
- 1999$232.59M—
Revenue values are taken from Garmin's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Revenue at Garmin (GRMN)
According to Garmin's latest reported financial statements, the company's current revenue (TTM) is $7.46B. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Garmin (GRMN) revenue totalled $7.25B – grew 15.1% year-over-year.
Through 2020–2025 (5 years), Garmin revenue delivered a +11.6% annualised rate; sustaining 3 straight years of year-over-year growth.
The record annual revenue stands at $7.25B, reached in 2025; the historical low of $232.59M was recorded in 1999.
Garmin Revenue by Year
Garmin Revenue 2025: $7.25B
2025's revenue for Garmin came in at $7.25B, grew 15.1% from 2024. This figure represents the highest annual value in the available history.
Garmin Revenue 2024: $6.30B
Garmin posted revenue of $6.30B in 2024, grew 20.4% from 2023.
Garmin Revenue 2023: $5.23B
In 2023, Garmin reported revenue of $5.23B, grew 7.6% from 2022.
Garmin Revenue 2022: $4.86B
Garmin revenue in 2022 was $4.86B, edged down 2.5% below 2021.
Garmin Revenue 2021: $4.98B
Garmin revenue in 2021 was $4.98B.
See more financial history for Garmin (GRMN).
Sector peers by Revenue
Technology peers of Garmin (GRMN), ranked by their latest revenue
| $416.16B | |
| $281.72B | |
| $215.94B | |
| $124.09B | |
| $63.89B | |
| $38.03B | |
| $37.38B | |
| $34.64B |
- $416.16B
- $281.72B
- $215.94B
- $124.09B
- $63.89B
- $38.03B
- $37.38B
- $34.64B
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