Company / Operating Income
Garmin Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$1.9B
FY2025
5-year range
$1.0B / $1.9B
FY2021-FY2025
Trend
+17.7%
vs FY2024
Sector context
#23 of 194
Consumer Discretionary
What the data says
Garmin's operating income of $1.9B is higher than 88% of companies in the Consumer Discretionary sector (FY2025). Operating Income has increased for 3 consecutive years, from $1.0B in FY2022 to $1.9B in FY2025.
Based on SEC 10-K filings.
$1.9B in FY2025 with a 5-year CAGR of +12.2%. Top quartile in the Consumer Discretionary sector.
Improved from $1.1B to $1.9B over the past 2 years.
Consumer Discretionary sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +22.2%
- 5-Year CAGR
- +12.2%
- 10-Year CAGR
- -
Sector benchmark
+57.4% above sector average
Key checks
Key Insights
- Garmin's operating income has grown for 3 consecutive years.
- 5-year CAGR of +12.2%, indicating consistent growth.
- In FY2025, operating income increased 17.7% year-over-year.
- Ranks #23 out of 194 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.9B | +17.7% |
| FY2024 | $1.6B | +45.9% |
| FY2023 | $1.1B | +6.3% |
| FY2022 | $1.0B | -15.7% |
| FY2021 | $1.2B | +15.6% |
| FY2020 | $1.1B | +11.5% |
| FY2019 | $945.6M | +21.5% |
| FY2018 | $778.3M | +13.9% |
| FY2017 | $683.6M | +8.0% |
| FY2016 | $632.9M | +15.2% |
As of FY2025 · SEC 10-K · Updated Mar 8, 2026