The table below shows GARMIN LTD's income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$1.75B
$1.77B
$1.81B
$1.54B
$1.59B
$1.51B
Cost of revenue
$711.20M
$724.41M
$747.55M
$650.55M
$634.42M
$643.78M
Gross profit
$1.04B
$1.05B
$1.07B
$884.54M
$951.60M
$862.89M
R&D
$295.82M
$286.46M
$276.66M
$268.12M
$249.16M
$243.15M
GRMN annual revenue (10-K history)
GARMIN LTD reported annual revenue of $7.25B for fiscal year 2025. That is up 15.1% from $6.30B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $3.02B (FY 2016) to $7.25B. Figures come from the company's audited annual reports as filed with the SEC.