NYSE:GRMN
Garmin Ltd.
Garmin Ltd.'s revenue grew 15.1% in fiscal 2025 to $7.2B while operating margin rose to 25.9%, its highest in 10 years. Free cash flow was $1.4B, 18.8% of revenue.Summary generated from Garmin Ltd.'s SEC filings. Latest annual report filed Feb 18, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$7.2B
Revenue growth+15.1%
Revenue, 5-yr CAGR+11.6%
Gross margin58.7%
Operating margin25.9%
Net margin23.0%
ROICn/a
Return on equity19.8%
Debt / equityn/a
Free cash flow$1.4B
FCF margin18.8%
Share count change+0.2%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 4,983 | 4,860 | 5,228 | 6,297 | 7,246 |
| Operating income | 1,219 | 1,028 | 1,092 | 1,594 | 1,876 |
| Net income | 1,082 | 974 | 1,290 | 1,411 | 1,664 |
| Free cash flow | 705 | 544 | 1,183 | 1,239 | 1,363 |
Recent filings
- 4Insider transaction report
Aug 20, 2026 - 4Insider transaction report
Aug 19, 2026 - 10-QQuarterly report for the period ended Jun 27, 2026
Jul 29, 2026 - 8-KResults of operations and financial condition
Jul 29, 2026 - 8-KResults of a shareholder vote
Jun 8, 2026 - 10-QQuarterly report for the period ended Mar 28, 2026
Apr 29, 2026 - 8-KResults of operations and financial condition
Apr 29, 2026 - DEF 14AProxy statement
Apr 22, 2026