Garmin Ltd. (GRMN)
NYSE · Technology · Hardware, Equipment & Parts
Profile
Garmin Ltd.
- Exchange
- NYSE
- Ticker
- GRMN
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Country
- CH
Garmin Ltd. specializes in the design, development, manufacturing, marketing, and global distribution of diverse wireless products and solutions. Its operations span across North and South America, the Asia Pacific region, the Australian Continent, Europe, the Middle East, and Africa. The company's offerings are organized into several key segments: Fitness: This division caters to athletes and active individuals with products like specialized running and multi-sport watches, cycling computers, activity trackers, smartwatches, and various fitness-related accessories. Additionally, it supports these offerings with its Garmin Connect web and mobile platforms, alongside Connect IQ, an ecosystem for app development. Outdoor: Garmin's Outdoor category features rugged adventure watches, portable GPS devices, golf-specific instruments and accompanying mobile applications, plus specialized dog tracking and training systems. Aviation: The Aviation sector delivers comprehensive avionics solutions for aircraft, encompassing integrated cockpit systems, advanced flight displays and instrumentation, navigation and communication tools, automated flight controls, safety enhancements, audio management, engine monitoring, traffic and weather avoidance systems, ADS-B transponders, data connectivity, portable GPS navigators, wearable aviation devices, and related support services. Marine: For the Marine market, Garmin provides a suite of solutions including chartplotters, multi-function displays, marine cartography, fish finders, sonar technology, autopilots, radar systems, compliant instrumentation and sensors, VHF radios, handheld and wearable marine devices, sailing-specific products, onboard entertainment, digital switching, and electric trolling motors. Auto: The Automotive segment focuses on in-vehicle computing and infotainment systems, personal navigation units, and various camera solutions. Garmin's products are distributed through a diverse network including independent and online retailers, authorized dealers, distributors, service and installation centers, original equipment manufacturers (OEMs), and directly via its official e-commerce platform, garmin.com. Established in 1989, Garmin Ltd. maintains its corporate headquarters in Schaffhausen, Switzerland.
Key facts
Garmin Ltd.: key facts
- Garmin Ltd. (NYSE: GRMN) is a Hardware, Equipment & Parts company in the Technology sector.
- In fiscal 2025, Garmin Ltd. reported revenue of $7.2B and net income of $1.7B.
- Revenue grew 9.8% a year over the last 4 fiscal years.
- Free cash flow was positive in 5 of the last 5 fiscal years.
- Net income was positive in 5 of the last 5 fiscal years.
- Over the last twelve months, revenue was $7.9B and net income was $2.0B.
MonkScore
Garmin Ltd.'s MonkScore
MonkScore
MonkScore range: 90–100
as of October 2026
Sector rank: 116 of 1030 in Technology
How this score is madeDisclaimer
Pillar ranges
- Growth80–90
- Profitability80–90
- Quality60–70
- Market Conviction80–90
- Safety50–60
The MonkScore runs from 0 to 100. Each range is one of ten 10-point groups, from 0–10 to 90–100.
Each pillar's range uses the same ten groups. The exact score and the pillar scores are in the MonkStreet app.
Fundamentals
Figures from the statements
Garmin Ltd.'s annual figures and the last twelve months, in USD. Last report: 26 September 2026.
| Figure | Last 12 months | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $7.9B | $7.2B | $6.3B | $5.2B | $4.9B | $5.0B |
| Gross profit | $4.8B | $4.3B | $3.7B | $3.0B | $2.8B | $2.9B |
| Operating income | $2.3B | $1.9B | $1.6B | $1.1B | $1.0B | $1.2B |
| Net income | $2.0B | $1.7B | $1.4B | $1.3B | $973.6M | $1.1B |
| Operating cash flow | $1.8B | $1.6B | $1.4B | $1.4B | $788.3M | $1.0B |
| Capital expenditure | -$419.2M | -$270.4M | -$193.6M | -$195.0M | -$246.2M | -$309.6M |
| Free cash flow | $1.4B | $1.4B | $1.2B | $1.2B | $542.1M | $702.8M |
| Total debt | $173.5M | $196.0M | $162.8M | $113.0M | $114.5M | $70.0M |
| Cash | $2.0B | $2.3B | $2.1B | $1.7B | $1.3B | $1.5B |
Revenue growth a year
- 1-year
- 15.1%
- 3-year
- 14.2%
- 4-year
- 9.8%
Compound growth between fiscal years.
Peers
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Page built on 31 October 2026.