Garmin revenue increased from $3.3 billion in 2018 to $3.8 billion in 2019, a 12.2% increase.
Annual Revenue ($)
Garmin revenue was $3.76 b in FY, 2019 which is a 12.2% year over year increase from the previous period.
Quarterly Revenue ($)
Annual Growth Rate (%)
Revenue Breakdown
Business Segment
Geographic Segment
Garmin revenue breakdown by business segment: 22.6% from Outdoor, 24.7% from Fitness, 12.1% from Marine, 24.3% from Auto and 16.2% from Aviation
Garmin revenue breakdown by geographic segment: 38.1% from EMEA, 14.1% from APAC and 47.8% from Americas
| FY, 2019 | FY, 2018 | FY, 2017 | |
|---|---|---|---|
| Outdoor | 917.57 m | 809.88 m | 698.87 m |
| Fitness | 1.05 b | 858.33 m | 762.19 m |
| Marine | 508.85 m | 441.56 m | 374 m |
| Auto | 548.10 m | 634.21 m | 750.58 m |
| Aviation | 735.46 m | 603.46 m | 501.36 m |
| FY, 2019 | FY, 2018 | FY, 2017 | |
|---|---|---|---|
| EMEA | 1.35 b | 1.20 b | 1.18 b |
| APAC | 589.20 m | 545.76 m | 436.19 m |
| Americas | 1.82 b | 1.60 b | 1.48 b |
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