GRMN · Q4 FY25 · Sep 28 – Dec 27, 2025
Garmin Q4 FY25: where the revenue came from and where it went
Garmin Q4 FY25: revenue $2.1B (+17% year over year). Net profit $0.5B. Largest cohort Transferred At Point in Time $2B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Sep 28 – Dec 27, 2025
- Reported
- Feb 18, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2.1B
+17% year over year
Gross profit$1.3B
59% margin
Operating profit$0.6B
29% margin
Net profit$0.5B
25% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.1 | 100% | +17% |
| Transferred At Point in Time | 2 | 95% | +17% |
| Transferred Over Time | 0.1 | 5% | −1% |
| Cost of revenue | −0.9 | 43% | |
| Gross profit | 1.3 | 59% margin | +0pp |
| Research & development | −0.3 | 14% | +0pp |
| SG&A | −0.3 | 16% | +0pp |
| Operating profit | 0.6 | 29% margin | +1pp |
| Tax | −0.1 | ||
| Net profit | 0.5 | 25% | +1pp |
Older quarters
-
Q3 FY25 9/2025Revenue $1.8B Net margin 23%
-
Q2 FY25 6/2025Revenue $1.8B Net margin 22%
-
Q4 FY24 12/2024Revenue $1.8B Net margin 24%
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