G
GRMN
GRMNVerified5 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$7.2B15.1%
FY2025
Operating Segments
5Active segments
Blended Margin
25.9%Operating margin
Highest Margin
33.6%Outdoor Segment
Segment Shift
Outdoor Segment has grown from 29.8% to 28.3% of total revenue since FY2018, with 33.6% operating margins. Meanwhile, Fitness Segment is the fastest growing at +32.8% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2025
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Fitness Segment | $2.4B | $726M | 30.8% | 32.5% | +32.8% |
| Outdoor Segment | $2.1B | $690M | 33.6% | 28.3% | +4.7% |
| Marine Segment | $1.2B | $251M | 21.2% | 16.3% | +10.2% |
| Aviation Segment | $987M | $257M | 26.1% | 13.6% | +12.6% |
| Auto Oem Segment | $665M | $-49M | -7.3% | 9.2% | +8.9% |
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