GRMNNYSESearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 26
GARMIN LTD
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Jul 29, 2026
$286.16+1.37 (+0.48%)
Close on Oct 19, 2026
- Market cap
- $55.36B
- P/E (TTM)
- 29.5
- Dividend yield
- –
GARMIN LTD revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fitness Segment [Member] | $2.36B | $1.77B | $1.34B | $1.11B | $1.53B | $1.32B | $1.05B | $858.33M | $762.19M | $818.49M | 32.5% | +32.8% |
| Outdoor Segment [Member] | $2.05B | $1.96B | $1.70B | $1.77B | $1.61B | $1.13B | $917.57M | $809.88M | $698.87M | $546.33M | 28.3% | +4.7% |
| Marine Segment [Member] | $1.18B | $1.07B | $916.91M | $903.98M | $875.15M | $657.85M | $508.85M | $441.56M | $374.00M | $331.95M | 16.3% | +10.2% |
| Aviation Segment [Member] | $987.16M | $876.61M | $846.33M | $792.80M | $712.47M | $622.82M | $735.46M | $603.46M | $501.36M | $439.35M | 13.6% | +12.6% |
| Auto OEM Segment [Member] | $664.68M | $610.62M | $423.22M | $283.81M | $254.72M | – | – | – | – | – | 9.2% | +8.9% |
| Auto Segment [Member] | – | – | – | $558.92M | $579.46M | $460.33M | $548.10M | $634.21M | $785.14M | $909.69M | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fitness Segment [Member] | $725.88M | $482.67M | $232.20M | $104.74M | $359.20M | $305.28M | $191.86M | $181.75M | $146.77M | $160.60M | +50.4% |
| Outdoor Segment [Member] | $690.35M | $702.73M | $515.25M | $573.28M | $524.47M | $438.20M | $334.04M | $290.51M | $249.87M | $184.04M | -1.8% |
| Aviation Segment [Member] | $257.23M | $211.37M | $226.40M | $213.19M | $193.19M | $146.61M | $252.94M | $204.75M | $153.93M | $124.76M | +21.7% |
| Marine Segment [Member] | $251.25M | $236.01M | $179.43M | $215.30M | $249.78M | $177.18M | $109.88M | $63.34M | $50.33M | $52.17M | +6.5% |
| Auto OEM Segment [Member] | -$48.63M | -$38.79M | -$61.12M | -$78.66M | -$108.02M | – | – | – | – | – | +25.4% |
| Auto Segment [Member] | – | – | – | -$61.83M | -$59.67M | -$13.03M | $56.87M | $38.00M | $82.74M | $111.30M | – |
By product or service
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas [Member] | – | – | $2.61B | $2.43B | $2.35B | $1.97B | $1.82B | $1.60B | $1.50B | $1.54B | – | – |
| APAC [Member] | – | – | $837.93M | $797.62M | $774.37M | $638.74M | $589.20M | $545.76M | $444.83M | $386.41M | – | – |
| EMEA [Member] | – | – | $1.78B | $1.63B | $1.86B | $1.58B | $1.35B | $1.20B | $1.17B | $1.12B | – | – |
From the segment and revenue-disaggregation notes of Garmin's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.