Garmin Ltd revenue by segment GRMN

Annual Quarterly

Garmin Ltd splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 27, 2025 was Fitness at $2.4 billion, 33% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 27, 2025 was Fitness at $2.4 billion, 33% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 26, 2026	FY 2025 Dec 27, 2025	FY 2024 Dec 28, 2024	FY 2023 Dec 30, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 25, 2021	FY 2020 Dec 26, 2020	FY 2019 Dec 28, 2019	FY 2018 Dec 29, 2018	FY 2017 Dec 30, 2017	FY 2016 Dec 31, 2016
Revenue	7,887	7,246	6,297	5,228	4,860	4,983	4,187	3,758	3,347	3,087	3,019
Operating segments
Fitness	2,764 +29.7% share 35.0%	2,357 +32.8% share 32.5%	1,774 +32.0% share 28.2%	1,345 +21.2% share 25.7%	1,109 -27.7% share 22.8%	1,534 +16.4% share 30.8%	1,317 +25.8% share 31.5%	1,048 +22.0% share 27.9%	858 +12.6% share 25.6%	762 share 24.7%	—
Outdoor	2,125 +3.4% share 26.9%	2,054 +4.7% share 28.3%	1,962 +15.6% share 31.2%	1,697 -4.1% share 32.5%	1,770 +10.2% share 36.4%	1,607 +42.4% share 32.2%	1,128 +22.9% share 26.9%	918 +13.3% share 24.4%	810 +15.9% share 24.2%	699 share 22.6%	—
Marine	1,303 +14.6% share 16.5%	1,183 +10.2% share 16.3%	1,073 +17.0% share 17.0%	917 +1.4% share 17.5%	904 +3.3% share 18.6%	875 +33.0% share 17.6%	658 +29.3% share 15.7%	509 +15.2% share 13.5%	442 +18.1% share 13.2%	374 share 12.1%	—
Aviation	1,059 +11.5% share 13.4%	987 +12.6% share 13.6%	877 +3.6% share 13.9%	846 +6.8% share 16.2%	793 +11.3% share 16.3%	712 +14.4% share 14.3%	623 -15.3% share 14.9%	735 +21.9% share 19.6%	603 +20.4% share 18.0%	501 share 16.2%	—
Auto Oem	635 -5.2% share 8.1%	665 +8.9% share 9.2%	611 +44.3% share 9.7%	423 +49.1% share 8.1%	284 +11.4% share 5.8%	255 share 5.1%	—	—	—	—	—
Sales mix
Fitness	2,764 +29.7% share 35.0%	2,357 +32.8% share 32.5%	1,774 +32.0% share 28.2%	1,345 +21.2% share 25.7%	1,109 -27.7% share 22.8%	1,534 +16.4% share 30.8%	1,317 +25.8% share 31.5%	1,048 +22.0% share 27.9%	858 +12.6% share 25.6%	762 share 24.7%	—
Outdoor	2,125 +3.4% share 26.9%	2,054 +4.7% share 28.3%	1,962 +15.6% share 31.2%	1,697 -4.1% share 32.5%	1,770 +10.2% share 36.4%	1,607 +42.4% share 32.2%	1,128 +22.9% share 26.9%	918 +13.3% share 24.4%	810 +15.9% share 24.2%	699 share 22.6%	—
Marine	1,303 +14.6% share 16.5%	1,183 +10.2% share 16.3%	1,073 +17.0% share 17.0%	917 +1.4% share 17.5%	904 +3.3% share 18.6%	875 +33.0% share 17.6%	658 +29.3% share 15.7%	509 +15.2% share 13.5%	442 +18.1% share 13.2%	374 share 12.1%	—
Aviation	1,059 +11.5% share 13.4%	987 +12.6% share 13.6%	877 +3.6% share 13.9%	846 +6.8% share 16.2%	793 +11.3% share 16.3%	712 +14.4% share 14.3%	623 -15.3% share 14.9%	735 +21.9% share 19.6%	603 +20.4% share 18.0%	501 share 16.2%	—
Auto Oem	635 -5.2% share 8.1%	665 +8.9% share 9.2%	611 +44.3% share 9.7%	423 +49.1% share 8.1%	284 +11.4% share 5.8%	255 share 5.1%	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Search, Detection, Navigation, Guidance, Aeronautical Sys (SIC 3812)
Listed as: GRMN (NYSE)
Fiscal year ends: December 26
Incorporated in: Switzerland
Headquarters: Schaffhausen
SEC filer status: Large accelerated filer
SEC CIK: 1121788

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.