Garmin GRMN Gross margin
Gross margin at other companies
Other financials
Where this comes from
Calculated from Garmin’s reported figures.
Based on trailing twelve months.
The official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Garmin's gross margin?
- Garmin (GRMN) reported gross margin of 59.1% in Q1 2026.
- How has Garmin's gross margin changed year-over-year?
- Garmin's gross margin increased by 0.9% year-over-year, from 58.6% to 59.1%.
- What is the long-term trend for Garmin's gross margin?
- Over 5 years (2020 to 2025), Garmin's gross margin has grown at a -0.2% compound annual growth rate (CAGR), from 59.3% to 58.7%.
- What does gross margin mean?
- How much of every sales dollar is left after the direct cost of what was sold.
- How do you interpret gross margin?
- Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
- How does gross margin compare across companies?
- Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.