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Annual Revenue ($)

Garmin revenue was $4.19 b in FY, 2020

Quarterly Revenue ($)

FY, 2017FY, 2018FY, 2019FY, 2020
Revenue$3.09 b$3.35 b$3.76 b$4.19 b
Growth2.00%8.44%12.25%
Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021
Revenue$710.87 m$894.45 m$810.01 m$766.05 m$954.84 m$934.38 m$856.11 m$869.87 m$1.11 b$1.07 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Garmin revenue breakdown by business segment: 19.6% from Aviation, 14.6% from Auto, 13.5% from Marine, 27.9% from Fitness and 24.4% from Outdoor

Garmin revenue breakdown by geographic segment: 35.9% from EMEA, 15.7% from APAC and 48.4% from Americas

FY, 2019FY, 2018FY, 2017
Outdoor917.57 m809.88 m698.87 m
Fitness1.05 b858.33 m762.19 m
Marine508.85 m441.56 m374 m
Auto548.1 m634.21 m750.58 m
Aviation735.46 m603.46 m501.36 m
FY, 2019FY, 2018FY, 2017
EMEA$1.35 b$1.2 b$1.18 b
APAC$589.2 m$545.76 m$436.19 m
Americas$1.82 b$1.6 b$1.48 b

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