Revenue for Garmin (GRMN)
According to Garmin's latest reported financial statements, the company's current revenue (TTM) is $7.25B USD. 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 (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
GRMN
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TTM (last 4 quarters)
$7.25B
YoY change
+15.1%
5Y CAGR
+11.6%
Peak year (2025)
$7.25B
Cumulative revenue
$77.67B
Revenue history chart for Garmin (GRMN) from 1999 to 2025
Revenue history table for Garmin (GRMN) from 1999 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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 dataset's maximum revenue sits at $7.25B (2025); the minimum reading of $232.59M dates to 1999.
Among 8 Technology peers, Garmin (GRMN) ranks 9th; the peer median for revenue is $139.91B.
Garmin Revenue by Year
Garmin Revenue 2025: $7.25B
Garmin revenue in 2025 was $7.25B, grew 15.1% from 2024. This figure represents the highest annual value in the available history.
Garmin Revenue 2024: $6.30B
Garmin revenue in 2024 was $6.30B, grew 20.4% from 2023.
Garmin Revenue 2023: $5.23B
Garmin revenue in 2023 was $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 — Revenue
Companies in the same sector as Garmin, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $3.85T | Technology |
| Apple Inc. (AAPL) | $416.16B | Technology |
| Microsoft Corporation (MSFT) | $281.72B | Technology |
| NVIDIA Corporation (NVDA) | $215.94B | Technology |
| Broadcom Inc. (AVGO) | $63.89B | Technology |
| Micron Technology, Inc. (MU) | $37.38B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $34.64B | Technology |
| ASML Holding N.V. (ASML) | $32.67B | Technology |
Frequently asked questions
What is Garmin's revenue?
- Latest reported revenue for Garmin (GRMN) is $7.25B (period ending December 27, 2025).
How has Garmin revenue changed year-over-year?
- Garmin (GRMN) revenue changed +15.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Garmin revenue?
- Garmin (GRMN) revenue compound annual growth rate is +11.6% over the most recent 5 years available.
When did Garmin revenue hit its highest annual value?
- Garmin revenue reached its highest annual value of $7.25B in 2025.
What was Garmin revenue in 2024?
- Garmin (GRMN) revenue in 2024 was $6.30B.
What was Garmin revenue in 2025?
- Garmin (GRMN) revenue in 2025 was $7.25B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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