What was Garmin Ltd.'s revenue in 2023?

Garmin Ltd. reported $5.1B in revenue for fiscal year 2023.

Was 2023 Garmin Ltd.'s best revenue year?

No. Garmin Ltd.'s highest recorded revenue year was 2025 at $6.0B. In 2023, Garmin Ltd. reported $5.1B.

What was Garmin Ltd.'s highest ever annual revenue?

Garmin Ltd.'s highest ever annual revenue was $6.0B recorded in fiscal year 2025.

Garmin Ltd. Revenue in 2023: $5.1B | CorpDigest

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Garmin Ltd.

Consumer Electronics / Wearable Technology / GPS NavigationFounded 1989- Updated July 2025

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.

CorpDigest

Year	Revenue	Net Income	YoY Change
FY2025	$6.0B	—	+7.0%
FY2024	$5.6B	$931M	+9.8%
FY2023	$5.1B	—	—

Year	Revenue	Net Income	YoY Change
FY2025	$6.0B	—	+7.0%
FY2024	$5.6B	$931M	+9.8%
FY2023	$5.1B	—	—

Garmin Ltd. Revenue in 2023

Revenue by Year

Garmin Ltd. Annual Revenue History

Garmin Ltd. Revenue in 2023

Revenue by Year

Garmin Ltd. Annual Revenue History