GARMIN LTD Financial Summary

Quick Answer

GARMIN LTD reported Total Revenue of $7.25 billion for fiscal year 2025.

GARMIN LTD — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $7.25B
+15.1%
$6.30B
+20.4%
$5.23B
+7.6%
$4.86B
-2.5%
$4.98B
+19.0%
$4.19B
+11.4%
Revenue (ASC 606) $7.25B
+15.1%
$6.30B
+20.4%
$5.23B
+7.6%
$4.86B
-2.5%
$4.98B
+19.0%
$4.19B
+11.4%
Net Income $1.66B
+17.9%
$1.41B
+9.4%
$1.29B
+32.5%
$973.59M
-10.0%
$1.08B
+9.1%
$992.32M
+4.2%
Diluted EPS $8.59
+17.7%
$7.30
+8.8%
$6.71
+33.1%
$5.04
-10.2%
$5.61
+8.5%
$5.17
+3.6%
Total Assets $10.99B
+14.2%
$9.63B
+11.9%
$8.60B
+11.3%
$7.73B
-1.6%
$7.85B
+11.7%
$7.03B
+14.0%
Cash and Equivalents $2.28B
+9.6%
$2.08B
+22.8%
$1.69B
+32.4%
$1.28B
-14.6%
$1.50B
+2.7%
$1.46B
+41.9%
Stockholders Equity $8.97B
+14.3%
$7.85B
+11.9%
$7.01B
+13.0%
$6.20B
+1.5%
$6.11B
+10.8%
$5.52B
+15.1%
R&D Expense $1.13B
+13.3%
$993.60M
+9.8%
$904.70M
+8.4%
$834.93M
+7.2%
$778.75M
+19.4%
$652.34M
+7.8%
Operating Income $1.88B
+17.7%
$1.59B
+45.9%
$1.09B
+6.3%
$1.03B
-15.7%
$1.22B
+15.6%
$1.05B
+11.5%
Gross Profit $4.26B
+15.1%
$3.70B
+23.0%
$3.00B
+7.1%
$2.81B
-2.9%
$2.89B
+16.5%
$2.48B
+11.1%
Shares Outstanding 192.62M
+0.1%
192.47M
+0.4%
191.78M
+0.1%
191.62M
-0.5%
192.61M
+0.5%
191.57M
+0.5%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $1.77B +11.7% -2.4%
Revenue (ASC 606) September 30, 2025 $1.77B +11.7% -2.4%
Net Income September 30, 2025 $401.62M +0.6% +0.2%
Diluted EPS September 30, 2025 $2.08 +0.5% +0.5%
Total Assets September 30, 2025 $10.52B +12.6% +1.9%
Cash and Equivalents September 30, 2025 $2.07B +3.2% +0.0%
Stockholders Equity September 30, 2025 $8.48B +12.9% +4.3%
R&D Expense September 30, 2025 $286.46M +15.0% +3.5%
Operating Income September 30, 2025 $456.80M +4.4% -3.3%
Gross Profit September 30, 2025 $1.05B +10.0% -1.9%
Shares Outstanding September 30, 2025 192.38M +0.1% -0.1%
  • GARMIN LTD reported Total Revenue of $7.25 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +15.1% in Total Revenue compared to the prior fiscal year.
  • GARMIN LTD reported Revenue (ASC 606) of $7.25 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +15.1% in Revenue (ASC 606) compared to the prior fiscal year.
  • GARMIN LTD reported Net Income of $1.66 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +17.9% in Net Income compared to the prior fiscal year.
  • GARMIN LTD reported Diluted EPS of $8.59 per share for fiscal year 2025.
  • GARMIN LTD showed an increase of +17.7% in Diluted EPS compared to the prior fiscal year.
  • GARMIN LTD reported Total Assets of $10.99 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +14.2% in Total Assets compared to the prior fiscal year.
  • GARMIN LTD reported Cash and Equivalents of $2.28 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +9.6% in Cash and Equivalents compared to the prior fiscal year.
  • GARMIN LTD reported Stockholders Equity of $8.97 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +14.3% in Stockholders Equity compared to the prior fiscal year.
  • GARMIN LTD reported R&D Expense of $1.13 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +13.3% in R&D Expense compared to the prior fiscal year.
  • GARMIN LTD reported Operating Income of $1.88 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +17.7% in Operating Income compared to the prior fiscal year.
  • GARMIN LTD reported Gross Profit of $4.26 billion for fiscal year 2025.
  • GARMIN LTD showed an increase of +15.1% in Gross Profit compared to the prior fiscal year.
  • GARMIN LTD reported Shares Outstanding of 192.62 million shares for fiscal year 2025.
  • GARMIN LTD showed an increase of +0.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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