Garmin Ltd.GRMNNYSE
LOADING
|||
R&D Expense Growth Accelerating
Trending higher, above historical average, modest growth trend.
Left:
|
|
|
|

Year-over-year research & development expense growth

Latest
3.54%
↑ 37% above average
Average (39q)
2.59%
Historical baseline
Range
High:14.18%
Low:-5.76%
CAGR
+7.5%
Consistent expansion
PeriodValue
Q3 20253.54%
Q2 20253.19%
Q1 20253.62%
Q4 20243.85%
Q3 20242.47%
Q2 20240.25%
Q1 20242.23%
Q4 20237.07%
Q3 2023-1.26%
Q3 20231.31%
Q2 20232.68%
Q4 20223.36%
Q3 20223.56%
Q2 2022-3.58%
Q1 2022-5.76%
Q4 20213.60%
Q3 20216.51%
Q2 2021-1.10%
Q1 20211.77%
Q4 202014.18%
Q3 20205.52%
Q2 20200.21%
Q1 20202.09%
Q4 20199.05%
Q3 2019-0.22%
Q2 20192.03%
Q1 20190.52%
Q4 20184.45%
Q3 2018-1.93%
Q2 2018-0.17%
Q1 20187.10%
Q4 20172.25%
Q3 20171.87%
Q3 20174.13%
Q2 2017-5.23%
Q4 201610.74%
Q3 20161.83%
Q2 20165.68%
Q1 20162.07%
Q4 20150.21%