R&D expense · 2011–2025
Garmin R&D expense
$1.1B+13.3% · FY2025
Garmin (GRMN) reported $1.1B in R&D expense for fiscal 2025, +13.3% year on year.
| Fiscal year | R&D expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-27 | $1.1B | +13.3% | Open → |
| FY20242024-12-28 | $994M | +9.8% | Open → |
| FY20232023-12-30 | $905M | +8.4% | Open → |
| FY20222022-12-31 | $835M | +7.2% | Open → |
| FY20212021-12-25 | $779M | +19.4% | Open → |
| FY20202020-12-26 | $652M | +7.8% | Open → |
| FY20192019-12-28 | $605M | +6.6% | Open → |
| FY20182018-12-29 | $568M | +11.0% | Open → |
| FY20172017-12-30 | $512M | +9.3% | Open → |
| FY20162016-12-31 | $468M | +9.6% | Open → |
| FY20152015-12-26 | $427M | +8.1% | Open → |
| FY20142014-12-27 | $395M | +8.3% | Open → |
| FY20132013-12-28 | $365M | +12.0% | Open → |
| FY20122012-12-29 | $326M | +9.1% | Open → |
| FY20112011-12-31 | $299M | — | Open → |
R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +9.9%
R&D expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Garmin R&D expense |url=https://companiesranked.com/en/company/garmin/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Garmin R&D expense. CompaniesRanked. https://companiesranked.com/en/company/garmin/research-and-development-expenseBibTeX
@misc{companiesranked-en-company-garmin-research-and-development-expense-2026,
author = {{CompaniesRanked}},
title = {{Garmin R\&D expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/garmin/research-and-development-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001193125-26-056028 · February 18, 2026
{{cite web |title=Garmin R&D expense — 10-K (0001193125-26-056028) |url=https://www.sec.gov/Archives/edgar/data/1121788/000119312526056028/grmn-20251227.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-18}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.