Consumer Discretionary · Consumer Electronics
Garmin: revenue, profit and dividends
In fiscal 2025, Garmin had revenue of $7.25B, up 9.9% a year on average since 2015, and net income of $1.66B (23.0% of revenue). It has 7% fewer shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +15.1% vs 2024
- Ticker
- GRMN · NYSE
- Sector
- Consumer Discretionary
- Sub-industry
- Consumer Electronics
- Headquarters
- Schaffhausen, Switzerland
- Founded
- 1989
- In the S&P 500 since
- December 12, 2012
- Latest fiscal year
- 2025, ended December 27, 2025
- SEC filer
- Garmin Ltd · CIK 0001121788
Revenue and net income
Revenue went from $3.18B in 2007 to $7.25B in 2025.
Diluted earnings per share
Diluted EPS went from $3.89 in 2007 to $8.59 in 2025. Ten-year growth: 13.6% a year.
Dividends per share
No dividend per share for 2025 in the data.
Shares outstanding
7.5% fewer shares in 2025 than in 2015 (208M → 192M): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $1.36B in 2025, 18.8% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $7.25B | $1.66B | 23.0% | $8.59 | — | 192M | $1.63B | $270M | $1.36B |
| 2024 | $6.3B | $1.41B | 22.4% | $7.30 | — | 192M | $1.43B | $194M | $1.24B |
| 2023 | $5.23B | $1.29B | 24.7% | $6.71 | — | 192M | $1.38B | $194M | $1.18B |
| 2022 | $4.86B | $974M | 20.0% | $5.04 | — | 191M | $788M | $244M | $544M |
| 2021 | $4.98B | $1.08B | 21.7% | $5.61 | $2.68 | 193M | $1.01B | $308M | $705M |
| 2020 | $4.19B | $992M | 23.7% | $5.17 | $2.44 | 192M | $1.14B | $185M | $950M |
| 2019 | $3.76B | $952M | 25.3% | $4.99 | $2.28 | 191M | $699M | $118M | $581M |
| 2018 | $3.35B | $694M | 20.7% | $3.66 | $2.12 | 198M | $920M | $156M | $764M |
| 2017 | $3.12B | $709M | 22.7% | $3.76 | — | 198M | $661M | $140M | $521M |
| 2016 | $3.02B | $518M | 17.2% | $2.73 | — | 198M | $706M | $91M | $615M |
| 2015 | $2.82B | $456M | 16.2% | $2.39 | — | 208M | $280M | $80.6M | $200M |
| 2014 | $2.87B | $364M | 12.7% | $1.88 | — | 208M | $523M | $73.3M | $449M |
| 2013 | $2.63B | $612M | 23.3% | $3.12 | — | 208M | $630M | $56.1M | $574M |
| 2012 | $2.72B | $542M | 20.0% | $2.76 | — | 208M | $685M | $38.4M | $646M |
| 2011 | $2.76B | $521M | 18.9% | $2.67 | — | 208M | $822M | $38.4M | $784M |
| 2010 | $2.69B | $585M | 21.7% | $2.95 | — | 208M | $771M | $32.2M | $738M |
| 2009 | $2.95B | $704M | 23.9% | $3.50 | — | 200M | $1.09B | $49.2M | $1.05B |
| 2008 | $3.49B | $733M | 21.0% | $3.48 | — | — | $862M | $120M | $743M |
| 2007 | $3.18B | $855M | 26.9% | $3.89 | — | — | $682M | $157M | $525M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Share counts are the shares outstanding on the cover of each annual report: the diluted average is not in the data for enough years.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Consumer Electronics companies
No other S&P 500 company is in this sub-industry.
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.