Garmin Ltd Revenue Growth Rates (GRMN), Current and Historic Growth - CSIMarket
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Garmin Ltd  (NYSE: GRMN)
    Sector • Capital Goods    Industry • Aerospace & Defense
   Industry • Aerospace & Defense
   Sector • Capital Goods
 

GRMN's Revenue Growth by Quarter and Year

Garmin Ltd's Revenue results by quarter and year




GRMN Revenue (in millions $) FY 2026 FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September -
2nd Quarter June -
1st Quarter March 1,753.29
FY 1,753.29

GRMNs Annual Revenue
Garmin Ltd's Revenue in the fiscal year 2025 $ 7,245.30 millions
Garmin Ltd's Revenue in the fiscal year 2024 $ 6,296.56 millions
Garmin Ltd's Revenue in the fiscal year 2023 $ 5,227.96 millions
Garmin Ltd's Revenue in the fiscal year 2022 $ 4,860.29 millions
Garmin Ltd's Revenue in the fiscal year 2021 $ 4,982.80 millions




GRMN Revenue first quarter 2026 Y/Y Growth Comment
Garmin Ltd reported Revenue increase of 14.25% year on year in the first quarter 2026, to $ 1,753.29 millions, this is lower than Garmin Ltd's recent average Revenue increase of 16.78%.

Looking into first quarter 2026 results within Aerospace & Defense industry 13 other companies have achieved higher Revenue growth. While Garmin Ltd' s Revenue growth of 14.25% ranks overall at the positon no. 1529 in the first quarter 2026.




GRMN Revenue ( Y/Y Growth %) 2026
2025 2024 2023
4th Quarter December - 16.58 % 22.98 % 13.53 %
3rd Quarter September - 11.66 % 24.21 % 11.94 %
2nd Quarter June - 20.46 % 14.01 % 6.44 %
1st Quarter March 14.25 % 11.11 % 20.37 % -2.15 %
FY   - 15.07 % 20.44 % -

Financial Statements
Garmin Ltd's first quarter 2026 Revenue $ 1,753.29 millions GRMN's Income Statement
Garmin Ltd's first quarter 2025 Revenue $ 1,534.55 millions Quarterly GRMN's Income Statement


GRMN Revenue (Quarter on Quarter Growth %)

2026
2025 2024 2023
4th Quarter December - 20.09 % 15.03 % 16.18 %
3rd Quarter September - -2.4 % 5.29 % -3.35 %
2nd Quarter June - 18.21 % 9.03 % 15.11 %
1st Quarter March -17.54 % -15.87 % -6.88 % -12.17 %
FY (Year on Year)   - 15.07 % 20.44 % -




Revenue first quarter 2026 Y/Y Growth Company Ranking
Within: No.
Aerospace & Defense Industry #14
Capital Goods Sector #111
Overall #1529

Revenue Y/Y Growth Statistics
High Average Low
198.54 % 16.78 % -7.56 %
(Dec. 30, 2012)   (Sep. 30, 2013)
Revenue first quarter 2026 Y/Y Growth Company Ranking
Within: No.
Aerospace & Defense Industry #14
Capital Goods Sector #111
Overall #1529
Revenue Y/Y Growth Statistics
High Average Low
198.54 % 16.78 % -7.56 %
(Dec. 30, 2012)   (Sep. 30, 2013)

Revenue by Quarter for the Fiscal Years 2023, 2024, 2025, 2026

Garmin Ltd's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
53.22 % 0.6 % -100 %
(Jun 27 2009)  


GRMN's I. Quarter Q/Q Revenue Comment
In the I. Quarter 2026 Garmin Ltd disclosed fall in Revenue from the fourth quarter by -17.54% to $ 1,753.29 millions, from $ 2,126.26 millions achived in the previous reporting period.

But that's not important problem, as Garmin Ltd's Revenue generally seem to plunge in this quarter.

Within Aerospace & Defense industry 24 other companies have achieved higher Revenue quarter on quarter growth. While Garmin Ltd's Revenue growth quarter on quarter, overall rank is 2974.


Revenue Q/Q Growth Company Ranking
Within: No.
Aerospace & Defense Industry #25
Capital Goods Sector #189
Overall #2974
Revenue Q/Q Growth Company Ranking
Within: No.
Aerospace & Defense Industry #25
Capital Goods Sector #189
Overall #2974
Revenue Q/Q Growth Statistics
High Average Low
53.22 % 0.6 % -100 %
(Jun 27 2009)  


GRMN's I. Quarter Q/Q Revenue Comment
In the I. Quarter 2026 Garmin Ltd disclosed fall in Revenue from the fourth quarter by -17.54% to $ 1,753.29 millions, from $ 2,126.26 millions achived in the previous reporting period.

But that's not important problem, as Garmin Ltd's Revenue generally seem to plunge in this quarter.

Within Aerospace & Defense industry 24 other companies have achieved higher Revenue quarter on quarter growth. While Garmin Ltd's Revenue growth quarter on quarter, overall rank is 2974.


Garmin Ltd's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Mar 28 2026)
12 Months Ending
(Dec 27 2025)
12 Months Ending
(Sep 27 2025)
12 Months Ending
(Jun 28 2025)
12 Months Ending
(Mar 29 2025)
Cumulative Revenue 12 Months Ending $ 7,464.05 $ 7,245.30 $ 6,942.97 $ 6,758.08 $ 6,449.96
Y / Y Revenue Growth (TTM) 15.72 % 15.07 % 16.58 % 19.68 % 18.1 %
Year on Year Revenue Growth Overall Ranking # 927 # 268 # 251 # 70 # 121
Seqeuential Revenue Change (TTM) 3.02 % 4.35 % 2.74 % 4.78 % 2.44 %
Seq. Revenue Growth (TTM) Overall Ranking # 2328 # 909 # 1491 # 223 # 274


Cumulative Revenue growth Comment
Garmin Ltd saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 15.72% year on year, to $ 7,464 millions if the fiscal year would have ended in Mar 28 2026.
Garmin Ltd's trailing twelve months Revenue growth was higher than company's average 13.24% and higher than 15.07% growth in Dec 27 2025.
But from twelve months ended Dec 27 2025 rise was beneth at 3.02 % from $7245.3 millions achieved in the period from Dec 27 2025 to Mar 29 2025.
We witness drop-off happening, more obvious observing the When you usual Q/Q TTM historic rise that is stronger at13.24%.
The momentum is even more impressive from twelve months ended Dec 27 2025 exhibited at 3.02 % increase from $7245.3 millions in the period from Dec 27 2025 to Mar 29 2025.

In the Capital Goods sector 71 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 268 to 927.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Aerospace & Defense Industry # 28
Capital Goods Sector # 72
Overall # 927

Revenue TTM Y/Y Growth Statistics
High Average Low
198.54 %
13.24 %
-7.56 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 28
Sector # 175
S&P 500 # 2328
Cumulative Revenue growth Comment
Garmin Ltd saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 15.72% year on year, to $ 7,464 millions if the fiscal year would have ended in Mar 28 2026.
Garmin Ltd's trailing twelve months Revenue growth was higher than company's average 13.24% and higher than 15.07% growth in Dec 27 2025.
But from twelve months ended Dec 27 2025 rise was beneth at 3.02 % from $7245.3 millions achieved in the period from Dec 27 2025 to Mar 29 2025.
We witness drop-off happening, more obvious observing the When you usual Q/Q TTM historic rise that is stronger at13.24%.
The momentum is even more impressive from twelve months ended Dec 27 2025 exhibited at 3.02 % increase from $7245.3 millions in the period from Dec 27 2025 to Mar 29 2025.

In the Capital Goods sector 71 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 268 to 927.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Aerospace & Defense Industry # 28
Capital Goods Sector # 72
Overall # 927

Revenue TTM Y/Y Growth Statistics
High Average Low
198.54 %
13.24 %
-7.56 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 28
Sector # 175
S&P 500 # 2328




Other Revenue Growth
Aerospace & Defense Industry Revenue Growth Trends and Statistics
Capital Goods Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
GRMN's Revenue Growth Ratio versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue fall for the quarter ending Mar 28 2026 within Capital Goods SectorY/Y Change %Revenue for the quarter ending Mar 28 2026
Sekisui House U s Inc 24.27%$ 24.272 millions
Lam Research Corporation23.77%$ 23.769 millions
Woodward Inc 23.42%$ 23.419 millions
Willis Lease Finance Corp23.21%$ 23.213 millions
Symbotic Inc 23.16%$ 23.163 millions
Kratos Defense and Security Solutions inc 22.47%$ 22.472 millions
Plug Power Inc22.32%$ 22.322 millions
Caterpillar Inc22.22%$ 22.219 millions
Kennametal Inc 21.83%$ 21.831 millions
Energy Services Of America Corp21.23%$ 21.234 millions
Arxis Inc 20.72%$ 20.723 millions
Douglas Dynamics Inc20.70%$ 20.705 millions
Astec Industries Inc 20.25%$ 20.249 millions
Myr Group inc 20.00%$ 19.995 millions
Emcor Group Inc 19.69%$ 19.687 millions
Preformed Line Products Company19.33%$ 19.333 millions
Twin Disc Inc19.11%$ 19.113 millions
Littelfuse Inc18.38%$ 18.384 millions
Transdigm Group Incorporated18.33%$ 18.326 millions
Greenland Technologies Holding Corp17.81%$ 17.810 millions
Spx Technologies Inc 17.45%$ 17.447 millions
Topbuild Corp17.26%$ 17.264 millions
Ceco Environmental Corp 16.89%$ 16.892 millions
Eaton Corporation Plc16.84%$ 16.842 millions
Ies Holdings Inc 16.83%$ 16.826 millions
The Geo Group Inc 16.63%$ 16.632 millions
Orion Group Holdings Inc 14.82%$ 14.820 millions
Agco Corp14.29%$ 14.286 millions
Garmin Ltd14.25%$ 14.255 millions
The Boeing Company13.96%$ 13.957 millions


About Garmin Ltd Revenue Growth Rates (GRMN), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Garmin Ltd (CIK 1121788).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001193125-26-322114
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Garmin Ltd’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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