Company / Gross Profit
Garmin Gross Profit History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$4.3B
FY2025
5-year range
$2.8B / $4.3B
FY2021-FY2025
Trend
+15.1%
vs FY2024
Sector context
#19 of 113
Consumer Discretionary
What the data says
Garmin's gross profit of $4.3B is higher than 83% of companies in the Consumer Discretionary sector (FY2025). Gross Profit has increased for 3 consecutive years, from $2.8B in FY2022 to $4.3B in FY2025.
Based on SEC 10-K filings.
$4.3B in FY2025 with a 5-year CAGR of +11.4%. Top quartile in the Consumer Discretionary sector.
Improved from $3.0B to $4.3B over the past 2 years.
Consumer Discretionary sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +14.9%
- 5-Year CAGR
- +11.4%
- 10-Year CAGR
- -
Sector benchmark
+43.0% above sector average
Key checks
Key Insights
- Garmin's gross profit has grown for 3 consecutive years.
- 5-year CAGR of +11.4%, indicating consistent growth.
- In FY2025, gross profit increased 15.1% year-over-year.
- Ranks #19 out of 113 companies in the Consumer Discretionary sector.
Company context
Key Data Points
- Altman Z-Score 3.88 (safe zone, above 2.9 threshold)
- Strong profit margin: 22.6%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.3B | +15.1% |
| FY2024 | $3.7B | +23.0% |
| FY2023 | $3.0B | +7.1% |
| FY2022 | $2.8B | -2.9% |
| FY2021 | $2.9B | +16.5% |
| FY2020 | $2.5B | +11.1% |
| FY2019 | $2.2B | +12.8% |
| FY2018 | $2.0B | +10.1% |
| FY2017 | $1.8B | +6.5% |
| FY2016 | $1.7B | +9.7% |
As of FY2025 · SEC 10-K · Updated Mar 8, 2026