What is the current annual net margin of GRMN?

As of today, GRMN annual net margin is 22.96%

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

GRMN annual net margin is up +2.45% year-over-year

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

GRMN annual net margin is up +14.63% over the past 3 years

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

GRMN annual net margin is currently -26.36% below its historical high of 31.18% set on December 27, 2003

How does GRMN annual net margin rank versus sector peers?

GRMN annual net margin is higher than 91.77% 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 net margin of GRMN?

As of today, GRMN quarterly net margin is 26.80%

What is GRMN quarterly net margin most recent change?

GRMN quarterly net margin was up +16.02% on June 27, 2026

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

GRMN quarterly net margin is up +21.32% year-over-year

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

GRMN quarterly net margin is currently -34.28% below its historical high of 40.78% set on September 24, 2005

How does GRMN quarterly net margin rank versus sector peers?

GRMN quarterly net margin is higher than 92.62% 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) Net Margin History & Chart Since 1999

Annual Net Margin

22.96%0.55%+2.45%

December 27, 2025

Summary

Current Value: As of today, GRMN annual net margin is 22.96%, up +2.45% on December 27, 2025
Historical Performance: GRMN annual net margin is up +14.63% over the past 3 years, down -3.12% over the past 5 years
All-Time High Comparison: GRMN annual net margin is currently -26.36% below its historical high of 31.18% set on December 27, 2003
3-Year Low Comparison: GRMN annual net margin is +14.63% above its 3-year low of 20.03% reached on an earlier date
Sector Comparison: GRMN annual net margin is higher than 91.77% of companies in Technology sector

Net Margin Chart

beforeafter

Performance

GRMN Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 27, 25	22.96%	+2.5%	+14.6%	-3.1%	+5.7%
Quarterly Net Margin	Jun 27, 26	26.80%	+21.3%	+22.9%	+12.2%	+65.0%
Price	Aug 10, 26	$313.16	+36.8%	+202.5%	+87.3%	+913.5%
PE Ratio	Aug 10, 26	32.29	+14.3%	+61.5%	+18.8%	+230.2%
Annual Revenue	Dec 27, 25	$7.25B	+15.1%	+49.1%	+73.1%	+169.4%
Annual Net Income	Dec 27, 25	$1.66B	+17.9%	+70.9%	+67.7%	+184.6%
Annual Gross Margin	Dec 27, 25	58.74%	+0.1%	+1.7%	-0.9%	+17.4%
Annual Operating Margin	Dec 27, 25	25.89%	+2.3%	+22.4%	+2.8%	+9.4%

Net Margin Highs

GRMN Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	24.67%	Dec 31, 23	-6.9%
5Y	24.67%	Dec 31, 23	-6.9%
All	31.18%	Dec 27, 03	-26.4%

Net Margin Lows

GRMN Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	20.03%	N/A	+14.6%
5Y	20.03%	Dec 31, 22	+14.6%
All	12.69%	Dec 27, 14	+80.9%

Net Margin History

Year	Value	Change
2025	22.96%	+2.5%
2024	22.41%	-9.2%
2023	24.67%	+23.2%
2022	20.03%	-7.8%
2021	21.72%	-8.4%
2020	23.70%	-6.5%
2019	25.35%	+22.3%
2018	20.73%	-8.7%
2017	22.71%	+34.2%
2016	16.92%	+4.6%
2015	16.18%	+27.5%
2014	12.69%	-45.5%
2013	23.27%	+16.5%
2012	19.97%	+5.8%

Year	Value	Change
2011	18.88%	-13.1%
2010	21.73%	-9.0%
2009	23.89%	+13.9%
2008	20.97%	-22.0%
2007	26.88%	-7.2%
2006	28.98%	-4.3%
2005	30.28%	+12.2%
2004	26.98%	-13.5%
2003	31.18%	+1.6%
2002	30.70%	-0.1%
2001	30.73%	+0.6%
2000	30.56%	+10.8%
1999	27.59%	-

FAQ

What is the current annual net margin of GRMN?: As of today, GRMN annual net margin is 22.96%
What is 1-year change in GRMN annual net margin?: GRMN annual net margin is up +2.45% year-over-year
What is 3-year change in GRMN annual net margin?: GRMN annual net margin is up +14.63% over the past 3 years
How far is GRMN annual net margin from its all-time high?: GRMN annual net margin is currently -26.36% below its historical high of 31.18% set on December 27, 2003
How does GRMN annual net margin rank versus sector peers?: GRMN annual net margin is higher than 91.77% 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

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

26.80%3.70%+16.02%

June 27, 2026

Summary

Current Value: As of today, GRMN quarterly net margin is 26.80%, up +16.02% on June 27, 2026
Historical Performance: GRMN quarterly net margin is up +21.32% year-over-year, up +22.94% over the past 3 years
All-Time High Comparison: GRMN quarterly net margin is currently -34.28% below its historical high of 40.78% set on September 24, 2005
3-Year Low Comparison: GRMN quarterly net margin is +34.34% above its 3-year low of 19.95% reached on June 29, 2024
Sector Comparison: GRMN quarterly net margin is higher than 92.62% of companies in Technology sector

Performance

GRMN Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Jun 27, 26	26.80%	+16.0%	+21.3%	+22.9%	+12.2%
Annual Net Margin	Dec 27, 25	22.96%	–	+2.5%	+14.6%	-3.1%
Price	Aug 10, 26	$313.16	+29.2%	+36.8%	+202.5%	+87.3%
PE Ratio	Aug 10, 26	32.29	+19.5%	+14.3%	+61.5%	+18.8%
Quarterly Revenue	Jun 27, 26	$2.02B	+15.3%	+11.4%	+53.1%	+52.4%
Quarterly Net Income	Jun 27, 26	$541.92M	+33.8%	+35.2%	+88.2%	+71.0%
Quarterly Gross Margin	Jun 27, 26	62.41%	+5.0%	+6.1%	+8.5%	+6.0%
Quarterly Operating Margin	Jun 27, 26	30.44%	+23.6%	+16.9%	+41.4%	+8.8%

Quarterly Net Margin Highs

GRMN Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	26.80%	Jun 27, 26	at high
3Y	36.57%	Dec 30, 23	-26.7%
5Y	36.57%	Dec 30, 23	-26.7%
All	40.78%	Sep 24, 05	-34.3%

Quarterly Net Margin Lows

GRMN Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	22.09%	N/A	+21.3%
3Y	19.95%	Jun 29, 24	+34.3%
5Y	17.63%	Mar 1, 23	+52.0%
All	-20.79%	Sep 27, 14	+228.9%

Quarterly Net Margin History

Month	Value	Change
Jun 2026	26.80%	+16.0%
Mar 2026	23.10%	-7.2%
Dec 2025	24.88%	+9.7%
Sep 2025	22.68%	+2.7%
Jun 2025	22.09%	+1.9%
Mar 2025	21.68%	-9.3%
Dec 2024	23.91%	-5.0%
Sep 2024	25.16%	+26.1%
Jun 2024	19.95%	-0.1%
Mar 2024	19.97%	-45.4%
Dec 2023	36.57%	+81.6%
Sep 2023	20.14%	-7.6%
Jun 2023	21.80%	+23.7%
Mar 2023	17.63%	-21.5%
Dec 2022	22.45%	+21.4%
Sep 2022	18.49%	-11.0%
Jun 2022	20.78%	+15.2%
Mar 2022	18.04%	-12.3%
Dec 2021	20.56%	-5.4%
Sep 2021	21.73%	-9.0%
Jun 2021	23.89%	+16.4%
Mar 2021	20.52%	-16.9%
Dec 2020	24.68%	-12.7%
Sep 2020	28.26%	+33.5%
Jun 2020	21.17%	+12.4%
Mar 2020	18.83%	-42.5%
Dec 2019	32.73%	+34.2%
Sep 2019	24.39%	+4.1%
Jun 2019	23.42%	+28.0%
Mar 2019	18.30%	-10.3%
Dec 2018	20.40%	-10.3%
Sep 2018	22.74%	+6.9%
Jun 2018	21.28%	+16.9%
Mar 2018	18.20%	+14.5%
Dec 2017	15.89%	-21.0%
Sep 2017	20.11%	-5.5%
Jun 2017	21.28%	-42.7%
Mar 2017	37.16%	+134.2%
Dec 2016	15.87%	-8.3%
Sep 2016	17.31%	-12.8%
Jun 2016	19.85%	+40.6%
Mar 2016	14.12%	-16.6%
Dec 2015	16.94%	-3.5%
Sep 2015	17.55%	-1.4%
Jun 2015	17.80%	+56.0%
Mar 2015	11.41%	-56.4%
Dec 2014	26.17%	+225.9%
Sep 2014	-20.79%	-188.8%
Jun 2014	23.40%	+14.9%
Mar 2014	20.37%	-5.4%
Dec 2013	21.53%	-26.2%
Sep 2013	29.16%	+17.8%
Jun 2013	24.76%	+48.5%

Month	Value	Change
Mar 2013	16.67%	-0.9%
Dec 2012	16.82%	-19.4%
Sep 2012	20.87%	-19.4%
Jun 2012	25.89%	+65.9%
Mar 2012	15.61%	-14.2%
Dec 2011	18.20%	-19.3%
Sep 2011	22.55%	+38.9%
Jun 2011	16.24%	-13.6%
Mar 2011	18.80%	+18.5%
Dec 2010	15.87%	-60.7%
Sep 2010	40.38%	+118.3%
Jun 2010	18.50%	+113.6%
Mar 2010	8.66%	-67.0%
Dec 2009	26.28%	-4.6%
Sep 2009	27.54%	+13.8%
Jun 2009	24.19%	+117.7%
Mar 2009	11.11%	-26.2%
Dec 2008	15.05%	-23.5%
Sep 2008	19.68%	-29.9%
Jun 2008	28.09%	+26.2%
Mar 2008	22.26%	-11.8%
Dec 2007	25.25%	-4.9%
Sep 2007	26.56%	-8.0%
Jun 2007	28.87%	+1.6%
Mar 2007	28.42%	-3.7%
Dec 2006	29.51%	-2.1%
Sep 2006	30.14%	+5.7%
Jun 2006	28.51%	+5.0%
Mar 2006	27.15%	-0.5%
Dec 2005	27.29%	-33.1%
Sep 2005	40.78%	+45.4%
Jun 2005	28.05%	+14.0%
Mar 2005	24.60%	+14.2%
Dec 2004	21.54%	-37.9%
Sep 2004	34.67%	+16.8%
Jun 2004	29.69%	+35.6%
Mar 2004	21.89%	-31.8%
Dec 2003	32.08%	+23.1%
Sep 2003	26.05%	-20.9%
Jun 2003	32.93%	-1.8%
Mar 2003	33.52%	-1.4%
Dec 2002	34.00%	-4.7%
Sep 2002	35.66%	+36.3%
Jun 2002	26.17%	-1.4%
Mar 2002	26.53%	-12.0%
Dec 2001	30.15%	+4.8%
Sep 2001	28.76%	-18.6%
Jun 2001	35.32%	+27.0%
Mar 2001	27.82%	-13.7%
Dec 2000	32.23%	+7.4%
Sep 2000	30.01%	0.0%
Jun 2000	30.01%	0.0%
Mar 2000	30.01%	-

FAQ

What is the current quarterly net margin of GRMN?: As of today, GRMN quarterly net margin is 26.80%
What is GRMN quarterly net margin most recent change?: GRMN quarterly net margin was up +16.02% on June 27, 2026
What is 1-year change in GRMN quarterly net margin?: GRMN quarterly net margin is up +21.32% year-over-year
How far is GRMN quarterly net margin from its all-time high?: GRMN quarterly net margin is currently -34.28% below its historical high of 40.78% set on September 24, 2005
How does GRMN quarterly net margin rank versus sector peers?: GRMN quarterly net margin is higher than 92.62% of companies in Technology sector
When is GRMN next earnings release?: The next earnings release for GRMN is on October 28, 2026

Net Margin Formula

Net Margin = Net Income

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