Garmin LTD revenue by year
Over the 10 fiscal years shown, revenue went from $3.05B (year ended Dec 31, 2016) to $7.25B (year ended Dec 27, 2025), a compound annual growth rate of 10.1%. The fastest growth was +20.4% in the year ended Dec 28, 2024; the weakest year was −2.5% (year ended Dec 31, 2022).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 27, 2025 | $7.25B | +15.1% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 18, 2026 |
| Dec 28, 2024 | $6.30B | +20.4% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 18, 2026 |
| Dec 30, 2023 | $5.23B | +7.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 18, 2026 |
| Dec 31, 2022 | $4.86B | −2.5% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 19, 2025 |
| Dec 25, 2021 | $4.98B | +19.0% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 21, 2024 |
| Dec 26, 2020 | $4.19B | +11.4% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 22, 2023 |
| Dec 28, 2019 | $3.76B | +12.2% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 16, 2022 |
| Dec 29, 2018 | $3.35B | +7.2% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 17, 2021 |
| Dec 30, 2017 | $3.12B | +2.5% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 19, 2020 |
| Dec 31, 2016 | $3.05B | +8.0% | RevenueFromContractWithCustomerIncludingAssessedTax | 10-K filed Feb 20, 2019 |
Garmin LTD reported revenue under 2 different XBRL concepts across these years (often after the 2018 change in revenue-recognition rules, ASC 606). Each row shows the concept used, so you can judge comparability.
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Sep 26, 2026 | $1.99B | +12.2% | 10-Q filed Oct 28, 2026 |
| 3 months ended Jun 27, 2026 | $2.02B | +11.4% | 10-Q filed Jul 29, 2026 |
| 3 months ended Mar 28, 2026 | $1.75B | +14.2% | 10-Q filed Apr 29, 2026 |
| 3 months ended Sep 27, 2025 | $1.77B | +11.7% | 10-Q filed Oct 28, 2026 |
| 3 months ended Jun 28, 2025 | $1.81B | +20.4% | 10-Q filed Jul 29, 2026 |
| 3 months ended Mar 29, 2025 | $1.54B | +11.1% | 10-Q filed Apr 29, 2026 |
| 3 months ended Sep 28, 2024 | $1.59B | +24.1% | 10-Q filed Oct 29, 2025 |
| 3 months ended Jun 29, 2024 | $1.51B | +14.1% | 10-Q filed Jul 30, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 1121788 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.