Garmin Ltd (GRMN) Gross Profit Margin starting from the first quarter 2026 to first quarter 2025, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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• Gross Margin
• EBITDA Margin
• Operating Margin
• Net Margin
• Pre-Tax Margin
• Effective Tax Rate
• Free Cash Flow Margin
• Cash Flow Margin
Garmin Ltd  (NYSE: GRMN)
    Sector • Capital Goods    Industry • Aerospace & Defense
   Industry • Aerospace & Defense
   Sector • Capital Goods


Garmin Ltd's Gross Profit Margin by quarter

Trends, Rankings, Statistics


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GRMN Gross Profit Margin (Mar 28 2026)
Q1 		(Dec 27 2025)
Q4 		(Sep 27 2025)
Q3 		(Jun 28 2025)
Q2 		(Mar 29 2025)
Q1
Y / Y Revenue Change 14.25 %
Seq. Revenue Change -17.54 %
Revenue In Millions $1,753.29
Gross Profit Margin 59.45 %
Gross Profit Margin Total Ranking # 1383
Gross Profit In Millions $1,042.29
Y / Y Gross Profit Change 17.83 %
Seq. Gross Profit Change -17.16 %


Commenting First Quarter 2026 Gross Profit Margin
Garmin Ltd increased Gross Profit Margin through reduction in Cost of Sales and despite contraction in Gross Profit by -17.16 % and Revenue by -17.54 %. Gross Profit Margin in Q1 was 59.45 %, above company average.


Observing first quarter 2026 results within Aerospace & Defense industry 4 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1383, from total ranking in the previous quarter at 1501.
Learn about Gross Margin
GRMN's Gross Profit Margin first quarter 2026 Company Ranking
Within: No.
Aerospace & Defense Industry # 5
Capital Goods Sector # 20
Overall # 1372

Gross Profit Margin Statistics
High Average Low
60.73 % 56.97 % 47.69 %
(Sep 28 2019)   (Dec 31 2011)


GRMN Gross Income Trends • More of GRMN's Profitabilty Ratios • GRMN Stock Quotes and Charts


Other Gross Profit Margin Profitability Ratios
GRMN's Cumulative Gross Profit Margin
Aerospace & Defense Industry Gross Profit Margin Trends and Statistics
Capital Goods Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
GRMN's Gross Profit Margin Profitability versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for GRMN's Competitors
Gross Profit Margin Profit Margin for Garmin Ltd's Suppliers
Gross Profit Margin Profit Margin for GRMN's Customers

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GRMN's Annual Growth Rates GRMN's Profitability Ratios GRMN's Asset Turnover Ratio GRMN's Dividend Growth
GRMN's Roe GRMN's Valuation Ratios GRMN's Financial Strength Ratios GRMN's Gross Profit Growth
GRMN's Roa GRMN's Inventory Turnover Ratio GRMN's Growth Rates GRMN's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Mar 28 2026, within Aerospace & Defense Industry Gross Profit MarginMar 28 2026 MRQ Gross ProfitMar 28 2026 MRQ Revenue
Outdoor Holding Company  87.56 %$ 12.161  Millions$ 13.889  Millions
Coda Octopus Group Inc   69.60 %$ 4.578  Millions$ 6.578  Millions
Momentus Inc   64.50 %$ 1.817  Millions$ 2.817  Millions
Wrap Technologies Inc   62.20 %$ 0.691  Millions$ 1.111  Millions
Garmin Ltd  59.45 %$ 1,042.289  Millions$ 1,753.289  Millions
Transdigm Group Incorporated  59.39 %$ 1,511.000  Millions$ 2,544.000  Millions
Beta Technologies Inc   59.32 %$ 5.832  Millions$ 9.832  Millions
Axon Enterprise Inc   59.12 %$ 477.286  Millions$ 807.286  Millions
Arxis Inc   51.18 %$ 234.843  Millions$ 458.843  Millions
Loar Holdings Inc   51.04 %$ 79.241  Millions$ 155.241  Millions
Mind Technology Inc  45.04 %$ 4.097  Millions$ 9.097  Millions
Teledyne Technologies Inc  43.19 %$ 673.800  Millions$ 1,560.100  Millions
Karman Holdings Inc   42.33 %$ 63.865  Millions$ 150.865  Millions
Ageagle Aerial Systems Inc   41.74 %$ 0.585  Millions$ 1.401  Millions
Intuitive Machines Inc   39.00 %$ 72.817  Millions$ 186.730  Millions
Rocket Lab Corp  38.34 %$ 76.493  Millions$ 199.493  Millions
Northrop Grumman Corp  34.90 %$ 3,448.000  Millions$ 9,881.000  Millions
Nextpower Inc   33.77 %$ 297.377  Millions$ 880.517  Millions
Astronics Corporation  32.65 %$ 75.133  Millions$ 230.133  Millions
Aerovironment Inc   31.58 %$ 202.625  Millions$ 641.616  Millions
Smith and Wesson Brands Inc   29.76 %$ 53.090  Millions$ 178.389  Millions
Textron Inc   28.99 %$ 1,071.000  Millions$ 3,695.000  Millions
Park Aerospace Corp   28.67 %$ 6.935  Millions$ 24.187  Millions
Airo Group Holdings Inc   28.27 %$ 2.365  Millions$ 8.365  Millions
Cpi Aerostructures Inc   27.18 %$ 4.480  Millions$ 16.480  Millions
Ducommun Incorporated  27.00 %$ 56.233  Millions$ 208.233  Millions
Redwire Corporation  26.66 %$ 25.808  Millions$ 96.808  Millions
Aevex Corp   26.09 %$ 56.494  Millions$ 216.494  Millions
Leonardo Drs Inc   25.06 %$ 212.000  Millions$ 846.000  Millions
L3harris Technologies Inc   24.41 %$ 1,402.000  Millions$ 5,744.000  Millions




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