Garmin (GRMN) Revenue — Quarter Ended Mar 28, 2026
Revenue increased compared with the same quarter one year earlier, marking a year-over-year gain. However, revenue declined from the immediately preceding quarter, reflecting a sequential decrease.
Key takeaway
Quarter ended Mar 28, 2026 · FY2026 Q1
Revenue increased compared with the same quarter one year earlier, marking a year-over-year gain. However, revenue declined from the immediately preceding quarter, reflecting a sequential decrease.
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
-17.5%
Change from the immediately preceding quarter.
Year-over-year
+14.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.5B
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 28, 2025 | $1.8B | +20.4% |
| Sep 27, 2025 | $1.8B | +11.7% |
| Dec 27, 2025 | $2.1B | +16.6% |
| Mar 28, 2026 | $1.8B | +14.2% |
Revenue performance
The reported revenue for the quarter was higher than the year-ago period, continuing an upward trend on an annual basis. The sequential comparison shows a contraction relative to the prior quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower, representing a sequential decline. Revenue was higher compared with the same quarter one year earlier, showing year-over-year growth.
What to watch
The sequential revenue decline warrants attention in the context of the company's trend of year-over-year growth in recent quarters.