What is the current annual gross margin of GRMN?

As of today, GRMN annual gross margin is 58.74%

What is 1-year change in GRMN annual gross margin?

GRMN annual gross margin is up +0.07% year-over-year

What is 3-year change in GRMN annual gross margin?

GRMN annual gross margin is up +1.71% over the past 3 years

How far is GRMN annual gross margin from its all-time high?

GRMN annual gross margin is currently -1.19% below its historical high of 59.45% set on December 28, 2019

How does GRMN annual gross margin rank versus sector peers?

GRMN annual gross margin is higher than 71.07% of companies in Technology sector

When is GRMN next annual earnings release?

As of today, the next annual earnings release for GRMN has not been scheduled

What is the current quarterly gross margin of GRMN?

As of today, GRMN quarterly gross margin is 62.41%

What is GRMN quarterly gross margin most recent change?

GRMN quarterly gross margin was up +5.00% on June 27, 2026

What is 1-year change in GRMN quarterly gross margin?

GRMN quarterly gross margin is up +6.14% year-over-year

How far is GRMN quarterly gross margin from its all-time high?

GRMN quarterly gross margin is currently at its all-time high

How does GRMN quarterly gross margin rank versus sector peers?

GRMN quarterly gross margin is higher than 71.41% of companies in Technology sector

When is GRMN next earnings release?

The next earnings release for GRMN is on October 28, 2026

Garmin Ltd. (GRMN) Gross Margin History & Chart Since 1999

Annual Gross Margin

58.74%0.04%+0.07%

December 27, 2025

Summary

Current Value: As of today, GRMN annual gross margin is 58.74%, up +0.07% on December 27, 2025
Historical Performance: GRMN annual gross margin is up +1.71% over the past 3 years, down -0.89% over the past 5 years
All-Time High Comparison: GRMN annual gross margin is currently -1.19% below its historical high of 59.45% set on December 28, 2019
3-Year Low Comparison: GRMN annual gross margin is +2.19% above its 3-year low of 57.48% reached on December 31, 2023
Sector Comparison: GRMN annual gross margin is higher than 71.07% of companies in Technology sector

Gross Margin Chart

beforeafter

Performance

GRMN Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 27, 25	58.74%	+0.1%	+1.7%	-0.9%	+17.4%
Quarterly Gross Margin	Jun 27, 26	62.41%	+6.1%	+8.5%	+6.0%	+30.6%
Price	Aug 14, 26	$310.20	+32.0%	+198.2%	+85.2%	+890.4%
PE Ratio	Aug 14, 26	31.99	+10.3%	+59.1%	+17.5%	+222.8%
Annual Revenue	Dec 27, 25	$7.25B	+15.1%	+49.1%	+73.1%	+169.4%
Annual Gross Profit	Dec 27, 25	$4.26B	+15.1%	+51.6%	+71.5%	+216.1%
Annual Operating Margin	Dec 27, 25	25.89%	+2.3%	+22.4%	+2.8%	+9.4%
Annual Net Margin	Dec 27, 25	22.96%	+2.5%	+14.6%	-3.1%	+5.7%

Gross Margin Highs

GRMN Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	58.74%	Dec 27, 25	at high
5Y	59.27%	N/A	-0.9%
All	59.45%	Dec 28, 19	-1.2%

Gross Margin Lows

GRMN Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	57.48%	Dec 31, 23	+2.2%
5Y	57.48%	Dec 31, 23	+2.2%
All	44.46%	Dec 27, 08	+32.1%

Gross Margin History

Year	Value	Change
2025	58.74%	+0.1%
2024	58.70%	+2.1%
2023	57.48%	-0.5%
2022	57.75%	-0.4%
2021	58.01%	-2.1%
2020	59.27%	-0.3%
2019	59.45%	+0.5%
2018	59.14%	+2.7%
2017	57.60%	+3.5%
2016	55.64%	+2.0%
2015	54.56%	-2.4%
2014	55.89%	+4.5%
2013	53.47%	+0.9%
2012	52.97%	+9.2%

Year	Value	Change
2011	48.52%	-3.1%
2010	50.05%	+2.1%
2009	49.01%	+10.2%
2008	44.46%	-3.4%
2007	46.01%	-7.5%
2006	49.74%	-4.5%
2005	52.06%	-3.5%
2004	53.93%	-6.5%
2003	57.69%	+5.2%
2002	54.83%	+2.1%
2001	53.68%	+1.0%
2000	53.14%	-2.6%
1999	54.57%	-

FAQ

What is the current annual gross margin of GRMN?: As of today, GRMN annual gross margin is 58.74%
What is 1-year change in GRMN annual gross margin?: GRMN annual gross margin is up +0.07% year-over-year
What is 3-year change in GRMN annual gross margin?: GRMN annual gross margin is up +1.71% over the past 3 years
How far is GRMN annual gross margin from its all-time high?: GRMN annual gross margin is currently -1.19% below its historical high of 59.45% set on December 28, 2019
How does GRMN annual gross margin rank versus sector peers?: GRMN annual gross margin is higher than 71.07% of companies in Technology sector
When is GRMN next annual earnings release?: As of today, the next annual earnings release for GRMN has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

62.41%2.97%+5.00%

June 27, 2026

Summary

Current Value: As of today, GRMN quarterly gross margin is 62.41%, up +5.00% on June 27, 2026
Historical Performance: GRMN quarterly gross margin is up +6.14% year-over-year, up +8.54% over the past 3 years
All-Time High Comparison: GRMN quarterly gross margin is currently at its all-time high
3-Year Low Comparison: GRMN quarterly gross margin is +9.43% above its 3-year low of 57.03% reached on September 30, 2023
Sector Comparison: GRMN quarterly gross margin is higher than 71.41% of companies in Technology sector

Performance

GRMN Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 27, 26	62.41%	+5.0%	+6.1%	+8.5%	+6.0%
Annual Gross Margin	Dec 27, 25	58.74%	–	+0.1%	+1.7%	-0.9%
Price	Aug 14, 26	$310.20	+32.3%	+32.0%	+198.2%	+85.2%
PE Ratio	Aug 14, 26	31.99	+22.4%	+10.3%	+59.1%	+17.5%
Quarterly Revenue	Jun 27, 26	$2.02B	+15.3%	+11.4%	+53.1%	+52.4%
Quarterly Gross Profit	Jun 27, 26	$1.26B	+21.1%	+18.3%	+66.2%	+61.6%
Quarterly Operating Margin	Jun 27, 26	30.44%	+23.6%	+16.9%	+41.4%	+8.8%
Quarterly Net Margin	Jun 27, 26	26.80%	+16.0%	+21.3%	+22.9%	+12.2%

Quarterly Gross Margin Highs

GRMN Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	62.41%	Jun 27, 26	at high
3Y	62.41%	Jun 27, 26	at high
5Y	62.41%	Jun 27, 26	at high
All	62.41%	Jun 27, 26	at high

Quarterly Gross Margin Lows

GRMN Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	58.80%	N/A	+6.1%
3Y	57.03%	Sep 30, 23	+9.4%
5Y	55.48%	Dec 25, 21	+12.5%
All	41.08%	Dec 27, 08	+51.9%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	62.41%	+5.0%
Mar 2026	59.44%	+0.4%
Dec 2025	59.21%	+0.2%
Sep 2025	59.09%	+0.5%
Jun 2025	58.80%	+2.0%
Mar 2025	57.62%	-2.8%
Dec 2024	59.25%	-1.3%
Sep 2024	60.00%	+4.8%
Jun 2024	57.27%	-1.4%
Mar 2024	58.06%	-0.4%
Dec 2023	58.29%	+2.2%
Sep 2023	57.03%	-0.8%
Jun 2023	57.50%	+1.1%
Mar 2023	56.89%	-0.2%
Dec 2022	57.03%	-3.0%
Sep 2022	58.79%	+0.1%
Jun 2022	58.74%	+4.0%
Mar 2022	56.49%	+1.8%
Dec 2021	55.48%	-5.0%
Sep 2021	58.39%	-0.8%
Jun 2021	58.85%	-1.6%
Mar 2021	59.83%	+2.2%
Dec 2020	58.53%	-2.8%
Sep 2020	60.22%	+1.6%
Jun 2020	59.25%	+0.1%
Mar 2020	59.21%	+2.1%
Dec 2019	58.01%	-4.5%
Sep 2019	60.73%	+0.8%
Jun 2019	60.26%	+2.2%
Mar 2019	58.96%	+0.1%
Dec 2018	58.92%	-0.7%
Sep 2018	59.35%	+1.5%
Jun 2018	58.50%	-2.5%
Mar 2018	60.00%	+6.9%
Dec 2017	56.11%	-3.7%
Sep 2017	58.24%	+0.0%
Jun 2017	58.22%	+0.2%
Mar 2017	58.11%	+6.3%
Dec 2016	54.69%	-2.7%
Sep 2016	56.21%	-1.5%
Jun 2016	57.04%	+4.7%
Mar 2016	54.46%	+3.0%
Dec 2015	52.88%	-0.8%
Sep 2015	53.29%	-1.6%
Jun 2015	54.18%	-7.8%
Mar 2015	58.78%	+9.6%
Dec 2014	53.63%	-4.9%
Sep 2014	56.39%	-1.3%
Jun 2014	57.14%	+0.7%
Mar 2014	56.73%	+9.2%
Dec 2013	51.95%	-5.3%

Month	Value	Change
Sep 2013	54.83%	-0.5%
Jun 2013	55.08%	+6.1%
Mar 2013	51.91%	+6.7%
Dec 2012	48.64%	-8.9%
Sep 2012	53.40%	-9.1%
Jun 2012	58.74%	+15.2%
Mar 2012	50.98%	+6.9%
Dec 2011	47.69%	-7.6%
Sep 2011	51.62%	+8.0%
Jun 2011	47.78%	+1.8%
Mar 2011	46.94%	+3.5%
Dec 2010	45.34%	-8.8%
Sep 2010	49.69%	-7.5%
Jun 2010	53.74%	+0.3%
Mar 2010	53.57%	+16.6%
Dec 2009	45.95%	-12.4%
Sep 2009	52.45%	-0.2%
Jun 2009	52.55%	+17.1%
Mar 2009	44.88%	+9.3%
Dec 2008	41.08%	-7.3%
Sep 2008	44.31%	-3.1%
Jun 2008	45.75%	-5.1%
Mar 2008	48.22%	+15.3%
Dec 2007	41.82%	-10.9%
Sep 2007	46.91%	-7.0%
Jun 2007	50.46%	+4.5%
Mar 2007	48.31%	-3.0%
Dec 2006	49.81%	+2.2%
Sep 2006	48.74%	-2.5%
Jun 2006	50.01%	-1.0%
Mar 2006	50.51%	-0.7%
Dec 2005	50.87%	-1.2%
Sep 2005	51.51%	-2.7%
Jun 2005	52.92%	-1.2%
Mar 2005	53.57%	-2.0%
Dec 2004	54.67%	-5.2%
Sep 2004	57.68%	+11.3%
Jun 2004	51.84%	+2.0%
Mar 2004	50.81%	-9.5%
Dec 2003	56.14%	-0.8%
Sep 2003	56.59%	-2.9%
Jun 2003	58.30%	-3.3%
Mar 2003	60.31%	+9.2%
Dec 2002	55.24%	+0.8%
Sep 2002	54.80%	-0.5%
Jun 2002	55.08%	+1.9%
Mar 2002	54.03%	+1.6%
Dec 2001	53.17%	-3.2%
Sep 2001	54.91%	+3.4%
Jun 2001	53.12%	-1.0%
Mar 2001	53.68%	-

FAQ

What is the current quarterly gross margin of GRMN?: As of today, GRMN quarterly gross margin is 62.41%
What is GRMN quarterly gross margin most recent change?: GRMN quarterly gross margin was up +5.00% on June 27, 2026
What is 1-year change in GRMN quarterly gross margin?: GRMN quarterly gross margin is up +6.14% year-over-year
How far is GRMN quarterly gross margin from its all-time high?: GRMN quarterly gross margin is currently at its all-time high
How does GRMN quarterly gross margin rank versus sector peers?: GRMN quarterly gross margin is higher than 71.41% of companies in Technology sector
When is GRMN next earnings release?: The next earnings release for GRMN is on October 28, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

GRMN Official Website www.garmin.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1121788/000119312526056028/0001193125-26-056028-index.htm
GRMN Profile on Yahoo Finance finance.yahoo.com/quote/GRMN
GRMN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/grmn