Private company

Garmin Group

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3

Multinational technology company

Garmin Ltd. is an American multinational technology company based in Olathe, Kansas.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

1989Founded1
  • Tickeron NYSE1
  • Industryconsumer electronics industry, software industry1
  • HeadquartersOlathe1
  • Founded inUnited States1
  • Websitewww.garmin.com
  • Legal formAktiengesellschaft1
  • Listed onNew York Stock Exchange (GRMN)1

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Garmin hq
Photo: Terry Umbenhaur, CC BY-SA 3.0, via Wikimedia Commons4

Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets.2

The story

Founded by Gary Burrell and Min Kao in 1989, in United States.1

Leadership

Who has led Garmin Group, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Gary Burrell1989–now
19901995200020052010201520202025

Products and brands

  • GPS navigation device
  • software
  • wristwatch

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

Subsidiaries

  • Garmin-ASUS
  • Navigon

Also owns

  • Tacx since 2019

From Wikidata.1

Acquisitions

  1. 2019Acquired Tacx1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Garmin Group revenue by year1$7.2B in 2025+140% since 2016
0$2.0B$4.0B$6.0B$8.0B2016: $3.0B$3.0B20162017: $3.1B$3.1B2017+3%2018: $3.3B$3.3B2018+7%2019: $3.8B$3.8B2019+12%2020: $4.2B$4.2B2020+11%2021: $5.0B$5.0B2021+19%2022: $4.9B$4.9B2022−2%2023: $5.2B$5.2B2023+8%2024: $6.3B$6.3B2024+20%2025: $7.2B$7.2B2025+15%
  • 2025$7.2B1
  • 2024$6.3B1
  • 2023$5.2B1
  • 2022$4.9B1
  • 2021$5.0B1
  • 2020$4.2B1

Net income

Garmin Group net income by year1$1.7B in 2025+226% since 2016
0$500.0M$1.0B$1.5B$2.0B2016: $510.8M$510.8M20162017: $695.0M$695.0M2017+36%2018: $694.1M$694.1M2018−0%2019: $952.5M$952.5M2019+37%2020: $992.3M$992.3M2020+4%2021: $1.1B$1.1B2021+9%2022: $973.6M$973.6M2022−10%2023: $1.3B$1.3B2023+32%2024: $1.4B$1.4B2024+9%2025: $1.7B$1.7B2025+18%
  • 2025$1.7B1
  • 2024$1.4B1
  • 2023$1.3B1
  • 2022$973.6M1
  • 2021$1.1B1
  • 2020$992.3M1

Timeline

  1. 2019Acquisition Acquired Tacx1
  2. 1989Founded Founded in United States1
  3. 1989New chief executive Gary Burrell becomes CEO1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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  4. 4