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Garmin GRMN Fitness — Gross Profit
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Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The source filing: Garmin’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 7:00 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-322114
| 13-Weeks Ended June 27, 2026 | Fitness | Outdoor | Aviation | Marine | Auto OEM | Total |
|---|---|---|---|---|---|---|
| Net sales | $756,823 | $482,740 | $268,749 | $341,369 | $172,411 | $2,022,092 |
| Cost of goods sold | 276,100 | 150,421 | 66,778 | 132,405 | 134,366 | 760,070 |
| Gross profit | 480,723 | 332,319 | 201,971 | 208,964 | 38,045 | 1,262,022 |
| Research and development expense | 64,361 | 74,198 | 91,290 | 51,089 | 23,002 | 303,940 |
| Selling, general and administrative expenses | 139,323 | 94,538 | 38,515 | 58,027 | 12,171 | 342,574 |
| Operating income (loss) | $277,039 | $163,583 | $72,166 | $99,848 | $2,872 | $615,508 |
| 13-Weeks Ended June 28, 2025 | ||||||
| Net sales | $605,425 | $490,357 | $249,366 | $299,262 | $170,154 | $1,814,564 |
Item 1 - Condensed Consolidated Financial Statements
FAQ
- What is Garmin's fitness — gross profit?
- Garmin (GRMN) reported fitness — gross profit of $480.72M in Q2 2026.
- How has Garmin's fitness — gross profit changed year-over-year?
- Garmin's fitness — gross profit increased by 31.8% year-over-year, from $364.67M to $480.72M.
- What is the long-term trend for Garmin's fitness — gross profit?
- Over 4 years (2021 to 2025), Garmin's fitness — gross profit has grown at a 14.6% compound annual growth rate (CAGR), from $813.33M to $1.4B.
- What does fitness — gross profit mean?
- This is the residual profit after deducting the cost of goods and services sold from the total revenue of the fitness segment. It serves as a fundamental measure of the segment's ability to price its products effectively and manage production costs. It represents the core profitability of the fitness product line before operating expenses are considered.
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