Garmin Ltd.
GRMN Technology Scientific & Technical Instruments
Garmin Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 15.1% from fiscal 2024. In the quarter to June 2026, revenue grew 11.4%, EPS grew 35.1% and free cash flow grew 116.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.
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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 11.2% and above the Technology sector median of 12.0%.
Revenue growth, annual
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Annual newest first
| 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 newest first
| 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 | Free account |
Against its own ten years
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 | 11.2% |
| Technology sector median | 12.0% |
| 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|
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- Revenue
- Net income
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- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
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- EV/EBITDA
- EV/Sales
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