Explore Garmin
Core profile pages, annual revenue records, and related research hubs for this company.
Explore Garmin
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$7.25B
Market Cap
$45.8B
Net Income
$1.7B
Employees
23,000
Fiscal 2025 revenue was $7.25 billion, up from $6.30 billion in fiscal 2024. Net income was $1.66 billion, and the company reported approximately 23,000 full and part-time employees worldwide.
Revenue Trend Analysis
YoY Change
+15.1%
3-Year CAGR
+14.2%
Peak Year
2025
Trend
Consistent Growth
Garmin Ltd. has reported revenue across 4 fiscal years, compounding at +14.2% annually over 3 years. The most recent year saw a 15.1% increase versus the prior year. Revenue peaked in 2025 at $7.2B. Out of 3 reported periods, 3 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $7.2B | $1.7B | +15.1% |
| FY2024 | $6.3B | — | +20.4% |
| FY2023 | $5.2B | — | +7.6% |
| FY2022 | $4.9B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Garmin reported $7.25B in FY2025 revenue. It reported net income of $1.66 billion in fiscal 2025.
Garmin has about 23,000 employees, based on the latest annual filing reviewed for this profile.
Clifton A. Pemble is the CEO of Garmin Ltd..
Garmin is headquartered in Schaffhausen, Switzerland, with major operations in Olathe, Kansas.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Garmin Ltd. Revenue & Financials." CorpDigest, https://corpdigest.com/company/garmin/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Garmin Ltd. reported $7B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/garmin/financials" target="_blank" rel="noopener">CorpDigest — Garmin Ltd. financials</a></div>