Garmin Ltd. (GRMN) Profit Margins
Over the twelve months to 2026-06-30, Garmin Ltd. (GRMN) had gross margin 60.1%, operating margin 27.6%, net margin 24.5%, free cash flow margin 20.9%, according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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- Market cap
- 56.6B
- P/E TTM
- 30.3
- Dividend yield
- 1.3%
- 52-week
- —
- Next earnings
- 28 Oct, in 4 days
| Line | FY2009 Dec 09 | FY2010 Dec 10 | FY2011 Dec 11 | FY2012 Dec 12 | FY2013 Dec 13 | FY2014 Dec 14 | FY2015 Dec 15 | FY2016 Dec 16 | FY2017 Dec 17 | FY2018 Dec 18 | FY2019 Dec 19 | FY2020 Dec 20 | FY2021 Dec 21 | FY2022 Dec 22 | FY2023 Dec 23 | FY2024 Dec 24 | FY2025 Dec 25 | TTM Jun 26 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 49.0% | 50.1% | 48.5% | 53.0% | 53.5% | 55.9% | 54.6% | 55.9% | 58.2% | 59.1% | 59.5% | 59.3% | 58.0% | 57.7% | 57.5% | 58.7% | 58.7% | 60.1% | |
| Operating margin | 26.7% | 23.7% | 20.1% | 22.2% | 21.8% | 24.1% | 19.5% | 21.0% | 22.1% | 23.3% | 25.2% | 25.2% | 24.5% | 21.1% | 20.9% | 25.3% | 25.9% | 27.6% | |
| Net margin | 23.9% | 21.7% | 18.9% | 20.0% | 23.3% | 12.7% | 16.2% | 17.2% | 23.0% | 20.7% | 25.3% | 23.7% | 21.7% | 20.0% | 24.7% | 22.4% | 23.0% | 24.5% | |
| FCF margin | 35.5% | 27.5% | 28.4% | 23.8% | 21.8% | 15.7% | 7.1% | 20.4% | 16.9% | 22.8% | 15.4% | 22.7% | 14.1% | 11.2% | 22.6% | 19.7% | 18.8% | 20.9% |
USD billions · SEC XBRL
Garmin Ltd. — questions
- What is Garmin Ltd.'s gross margin?
- 60.1% over the twelve months to 2026-06-30.
- What is Garmin Ltd.'s operating margin?
- 27.6% over the twelve months to 2026-06-30.
- What is Garmin Ltd.'s net profit margin?
- 24.5% over the twelve months to 2026-06-30.
Every figure on this page comes from Garmin Ltd.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.