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Garmin

GRMN Consumer Discretionary Market cap $54.1B as of Sep 14, 2026 16:02 ET S&P 500

Q1 FY26 Dec 28, 2025 – Mar 28, 2026 reported Apr 29, 2026

Revenue$1.75B +14% year over year

Gross profit$1.04B 59% margin

Operating profit$0.43B 25% margin

Net profit$0.41B 23% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.75	100%	+14%
At point in time	1.67	95%	+15%
Transferred over time	0.08	5%	+3%
Cost of revenue	−0.71	41%
Gross profit	1.04	59% margin	+2pp
R&D	−0.30	17%	−1pp
SG&A	−0.32	18%	−1pp
Operating profit	0.43	25% margin	+3pp
Other income, net	0.04
Tax	−0.07
Net profit	0.41	23% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.13	100%	+17%
At point in time	2.04	96%	+17%
Transferred over time	0.09	4%	−1%
Cost of revenue	−0.87	41%
Gross profit	1.26	59% margin	+0pp
R&D	−0.30	14%	+0pp
SG&A	−0.35	16%	+0pp
Operating profit	0.61	29% margin	+1pp
Other income, net	0.02
Tax	−0.11
Net profit	0.53	25% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.77	100%	+12%
At point in time	1.69	95%	+13%
Transferred over time	0.09	5%	−4%
Cost of revenue	−0.72	41%
Gross profit	1.05	59% margin	−1pp
R&D	−0.29	16%	+0pp
SG&A	−0.30	17%	+0pp
Operating profit	0.46	26% margin	−2pp
Other income, net	0.05
Tax	−0.11
Net profit	0.40	23% margin	−2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 28, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.82	100%	+20%
At point in time	1.73	95%	+21%
Transferred over time	0.08	5%	+5%
Cost of revenue	−0.75	41%
Gross profit	1.07	59% margin	+2pp
R&D	−0.28	15%	−1pp
SG&A	−0.32	18%	−1pp
Operating profit	0.47	26% margin	+3pp
Tax	−0.07
Net profit	0.40	22% margin	+2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY24 (period ends Dec 28, 2024).
Item	Value	Share of revenue	Year over year
Revenue	1.82	100%	+0%
At point in time	1.74	95%	+24%
Transferred over time	0.09	5%	+12%
Cost of revenue	−0.74	41%
Gross profit	1.08	59% margin	+0pp
R&D	−0.26	14%	+0pp
SG&A	−0.31	17%	+0pp
Operating profit	0.52	28% margin	+0pp
Tax	−0.08
Net profit	0.44	24% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

The balance sheet, capital flow, debt schedule and capital structure open with a free account.

Quarter by quarter

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26 Dec 28, 2025 – Mar 28, 2026 reported Apr 29, 2026 Operating margin 25% Net profit $0.41B	Dec 28, 2025 – Mar 28, 2026	Apr 29, 2026	$1.75B	+14%	25%	$0.41B	23%
Q4 FY25 Sep 28 – Dec 27, 2025 reported Feb 18, 2026 Operating margin 29% Net profit $0.53B	Sep 28 – Dec 27, 2025	Feb 18, 2026	$2.13B	+17%	29%	$0.53B	25%
Q3 FY25 Jun 29 – Sep 27, 2025 reported Oct 29, 2025 Operating margin 26% Net profit $0.40B	Jun 29 – Sep 27, 2025	Oct 29, 2025	$1.77B	+12%	26%	$0.40B	23%
Q2 FY25 Mar 30 – Jun 28, 2025 reported Jul 30, 2025 Operating margin 26% Net profit $0.40B	Mar 30 – Jun 28, 2025	Jul 30, 2025	$1.82B	+20%	26%	$0.40B	22%
Q4 FY24 Sep 29 – Dec 28, 2024 reported Feb 19, 2025 Operating margin 28% Net profit $0.44B	Sep 29 – Dec 28, 2024	Feb 19, 2025	$1.82B	+0%	28%	$0.44B	24%