Garmin (GRMN) Revenue — Quarter Ended Sep 27, 2025
Revenue for the quarter increased compared to the same period last year, marking continued growth on an annual basis. However, on a sequential basis, the reported revenue declined from the immediately preceding quarter.
Key takeaway
Quarter ended Sep 27, 2025 · FY2025 Q3
Revenue for the quarter increased compared to the same period last year, marking continued growth on an annual basis. However, on a sequential basis, the reported revenue declined from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-2.4%
Change from the immediately preceding quarter.
Year-over-year
+11.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.9B
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 |
|---|---|---|
| Dec 28, 2024 | $1.8B | +22.9% |
| Mar 29, 2025 | $1.5B | +11.1% |
| Jun 28, 2025 | $1.8B | +20.4% |
| Sep 27, 2025 | $1.8B | +11.7% |
Revenue performance
Revenue rose year-on-year, sustaining the positive annual trend seen in recent quarters. The current quarter's figure was slightly down from the prior quarter.
Quarterly comparison
Compared with the same quarter a year ago, revenue was higher, maintaining the pattern of year-over-year gains. When measured against the preceding quarter, revenue decreased, interrupting the sequential upward movement from the prior period.
What to watch
Monitor whether the sequential revenue decline persists or rebounds in the next quarter, given the recent pattern of quarter-on-quarter variability.