Garmin (GRMN) Revenue — Quarter Ended Mar 29, 2025
Revenue for the quarter increased compared to the same quarter last year. However, it declined from the immediately preceding quarter.
Key takeaway
Quarter ended Mar 29, 2025 · FY2025 Q1
Revenue for the quarter increased compared to the same quarter last year. However, it declined from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
-15.8%
Change from the immediately preceding quarter.
Year-over-year
+11.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 29, 2024 | $1.5B | +14.1% |
| Sep 28, 2024 | $1.6B | +24.1% |
| Dec 28, 2024 | $1.8B | +22.9% |
| Mar 29, 2025 | $1.5B | +11.1% |
Revenue performance
The reported revenue direction is positive on a year-over-year basis, reflecting growth from the prior year's first quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year earlier, revenue increased.
What to watch
The sequential revenue decline may warrant attention given the prior quarter's higher base.