Garmin Ltd. GRMN

294.14 (0.90) (0.31%) as of 25 Sep
Market cap
$57.3B
P/E
30.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Garmin Ltd. (GRMN) Revenue growth

Garmin Ltd.'s revenue growth over the twelve months to 30 June 2026 was 13.5%, down 1.6 percentage points from fiscal 2025 (15.1%). Over the past ten years it has ranged from −2.46% (fiscal 2022) to 20.4% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Scientific & Technical Instruments industry median of 11.3% and above the Technology sector median of 11.9%.

Revenue growth, annual

Annual

Period Revenue growth Change (points)
FY2025 15.1% (5.38)
FY2024 20.4% 12.87
FY2023 7.57% 10.03
FY2022 −2.46% (21.48)
FY2021 19.0% 7.60
FY2020 11.4% (0.83)
FY2019 12.3% 5.01
FY2018 7.24% 4.75
FY2017 2.49% (5.51)
FY2016 8.00% 9.76

Quarterly

Period Revenue growth Change (points)
Jun 2026 11.4% (2.79)
Mar 2026 14.2% (2.36)
Dec 2025 16.6% 4.93
Sep 2025 11.7% (8.78)
42 more quarters

Against its own ten years

Low −2.46% High 20.4%
Ten-year median 8.00%
Current reading's percentile 82

Revenue growth against peers

Company Revenue growth
FTV Fortive Corporation compare 43.2%
ESE ESCO Technologies Inc. compare 34.3%
KEYS Keysight Technologies Inc. compare 25.5%
COHR Coherent Corp. compare 22.5%
CGNX Cognex Corporation compare 17.2%
MKSI MKS Inc. compare 16.3%
GRMN Garmin Ltd. 13.5%
TDY Teledyne Technologies Incorporated compare 7.87%
TRMB Trimble Inc. compare 5.80%
Scientific & Technical Instruments industry median 11.3%
Technology sector median 11.9%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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