GARMIN LTD (GRMN) Gross margin 2016–2025
GARMIN LTD (GRMN) gross margin by fiscal year — reported gross profit divided by reported revenue.
58.7%FY2025 · since FY2016: 55.4% → 58.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 58.7% | +0.0 pp |
| FY2024 | 58.7% | +1.2 pp |
| FY2023 | 57.5% | -0.3 pp |
| FY2022 | 57.7% | -0.3 pp |
| FY2021 | 58.0% | -1.3 pp |
| FY2020 | 59.3% | -0.2 pp |
| FY2019 | 59.5% | +0.3 pp |
| FY2018 | 59.1% | +1.5 pp |
| FY2017 | 57.6% | +2.2 pp |
| FY2016 | 55.4% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice