Company / SG&A Expense
Garmin SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$1.3B
FY2025
5-year range
$721.3M / $1.3B
FY2021-FY2025
Trend
+13.1%
vs FY2024
Sector context
#65 of 211
Consumer Discretionary
What the data says
At $1.3B, Garmin's sg&a expense ranks #147 of 211 in the Consumer Discretionary sector. SG&A Expense has increased for 9 consecutive years, from $411M in FY2016 to $1.3B in FY2025.
Based on SEC 10-K filings.
$1.3B in FY2025 with a 5-year CAGR of +15.0%.
Increased from $1.0B to $1.3B over the past 2 years.
Consumer Discretionary sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +9.9%
- 5-Year CAGR
- +15.0%
- 10-Year CAGR
- -
Sector benchmark
#147 of 211 in Consumer DiscretionaryTop 69% of 211This company $1.3B Sector average $1.5B
▼
-17.3% below sector average
Key checks
Key Insights
- Garmin's sg&a expense has grown for 9 consecutive years.
- 5-year CAGR of +15.0%, indicating consistent growth.
- In FY2025, sg&a expense increased 13.1% year-over-year.
- Ranks #65 out of 211 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.3B | +13.1% |
| FY2024 | $1.1B | +10.0% |
| FY2023 | $1.0B | +6.8% |
| FY2022 | $944.0M | +30.9% |
| FY2021 | $721.3M | +15.7% |
| FY2020 | $623.6M | +20.3% |
| FY2019 | $518.6M | +8.4% |
| FY2018 | $478.2M | +9.2% |
| FY2017 | $438.0M | +6.7% |
| FY2016 | $410.6M | +4.0% |
As of FY2025 · SEC 10-K · Updated Mar 8, 2026