Garmin Revenue 2010-2024 | GRMN

Garmin annual/quarterly revenue history and growth rate from 2010 to 2024. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
  • Garmin revenue for the quarter ending March 31, 2024 was $1.382B, a 20.41% increase year-over-year.
  • Garmin revenue for the twelve months ending March 31, 2024 was $5.462B, a 12.98% increase year-over-year.
  • Garmin annual revenue for 2023 was $5.228B, a 7.57% increase from 2022.
  • Garmin annual revenue for 2022 was $4.86B, a 2.46% decline from 2021.
  • Garmin annual revenue for 2021 was $4.983B, a 19.02% increase from 2020.
Garmin Annual Revenue
(Millions of US $)
2023 $5,228
2022 $4,860
2021 $4,983
2020 $4,187
2019 $3,758
2018 $3,347
2017 $3,122
2016 $3,046
2015 $2,820
2014 $2,871
2013 $2,632
2012 $2,716
2011 $2,759
2010 $2,690
2009 $2,946
Garmin Quarterly Revenue
(Millions of US $)
2024-03-31 $1,382
2023-12-31 $1,483
2023-09-30 $1,278
2023-06-30 $1,321
2023-03-31 $1,147
2022-12-31 $1,306
2022-09-30 $1,140
2022-06-30 $1,241
2022-03-31 $1,173
2021-12-31 $1,392
2021-09-30 $1,192
2021-06-30 $1,327
2021-03-31 $1,072
2020-12-31 $1,351
2020-09-30 $1,109
2020-06-30 $870
2020-03-31 $856
2019-12-31 $1,102
2019-09-30 $934
2019-06-30 $955
2019-03-31 $766
2018-12-31 $932
2018-09-30 $810
2018-06-30 $894
2018-03-31 $711
2017-12-31 $897
2017-09-30 $751
2017-06-30 $831
2017-03-31 $642
2016-12-31 $888
2016-09-30 $722
2016-06-30 $812
2016-03-31 $624
2015-12-31 $781
2015-09-30 $680
2015-06-30 $774
2015-03-31 $585
2014-12-31 $803
2014-09-30 $706
2014-06-30 $778
2014-03-31 $583
2013-12-31 $760
2013-09-30 $644
2013-06-30 $697
2013-03-31 $532
2012-12-31 $769
2012-09-30 $672
2012-06-30 $718
2012-03-31 $557
2011-12-31 $910
2011-09-30 $667
2011-06-30 $674
2011-03-31 $508
2010-12-31 $838
2010-09-30 $692
2010-06-30 $729
2010-03-31 $431
2009-12-31 $1,059
2009-09-30 $781
2009-06-30 $669
2009-03-31 $437
Sector Industry Market Cap Revenue
Computer and Technology Electrical Products - Miscellaneous $31.193B $5.228B
Garmin, Ltd. is an original equipment manufacturer of navigation and communication equipment that incorporate the global positioning system (GPS)-based technology. The company's diverse portfolio of handheld, portable and fixed-mount GPS-enabled devices provides geographical location and navigation data using the GPS satellite system. The company reports operations under five segments: Outdoor, Fitness, Marine, Auto and Aviation.
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