GARMIN LTD financial data

Symbol
GRMN on NYSE
Location
Schaffhausen
Fiscal year end
27 December
Latest financial report
10-Q - Q3 2025 - 29 Oct 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 344% % 2.4%
Quick Ratio 103% % 6.2%
Return On Assets 16% % -8.82%
Operating Margin 26% % 7.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 192,334,806 shares 0.16%
Common Stock, Shares, Outstanding 192,384,000 shares 0.13%
Entity Public Float $25,279,000,000 USD 58%
Common Stock, Value, Issued $19,490,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 192,464,000 shares 0.14%
Weighted Average Number of Shares Outstanding, Diluted 193,533,000 shares 0.19%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $6,943,125,000 USD 17%
Research and Development Expense $1,090,000,000 USD 12%
Operating Income (Loss) $1,778,004,000 USD 25%
Nonoperating Income (Expense) $117,284,000 USD -18.52%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,895,288,000 USD 21%
Income Tax Expense (Benefit) $324,348,000 USD 50%
Net Income (Loss) Attributable to Parent $1,570,940,000 USD 3.5%
Earnings Per Share, Basic 8 USD/shares 3%
Earnings Per Share, Diluted 8 USD/shares 2.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $2,072,845,000 USD 3.2%
Accounts Receivable, after Allowance for Credit Loss, Current $955,614,000 USD 3.6%
Inventory, Net $1,887,930,000 USD 25%
Assets, Current $5,810,943,000 USD 12%
Deferred Income Tax Assets, Net $782,093,000 USD -0.73%
Property, Plant and Equipment, Net $1,296,198,000 USD 6.2%
Operating Lease, Right-of-Use Asset $187,796,000 USD 36%
Goodwill $757,290,000 USD 24%
Other Assets, Noncurrent $101,119,000 USD 3.2%
Assets $10,522,878,000 USD 13%
Accounts Payable, Current $378,021,000 USD 1.1%
Employee-related Liabilities, Current $240,077,000 USD 9.7%
Contract with Customer, Liability, Current $104,984,000 USD -7.13%
Liabilities, Current $1,752,296,000 USD 11%
Contract with Customer, Liability, Noncurrent $23,187,000 USD -23.29%
Accrued Income Taxes, Noncurrent $3,425,000 USD -79.69%
Deferred Income Tax Liabilities, Net $109,044,000 USD 3.9%
Operating Lease, Liability, Noncurrent $155,771,000 USD 42%
Other Liabilities, Noncurrent $914,000 USD 52%
Accumulated Other Comprehensive Income (Loss), Net of Tax $49,991,000 USD
Retained Earnings (Accumulated Deficit) $6,441,534,000 USD 16%
Stockholders' Equity Attributable to Parent $8,478,241,000 USD 13%
Liabilities and Equity $10,522,878,000 USD 13%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $420,788,000 USD -3.34%
Net Cash Provided by (Used in) Financing Activities $-204,808,000 USD -31.12%
Net Cash Provided by (Used in) Investing Activities $-132,602,000 USD -259.6%
Common Stock, Shares Authorized 194,901,000 shares 0%
Common Stock, Shares, Issued 194,901,000 shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $96,050,000 USD -57.93%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2,073,546,000 USD 3.2%
Deferred Tax Assets, Valuation Allowance $13,906,000 USD 8%
Operating Lease, Liability $162,787,000 USD 16%
Depreciation $37,463,000 USD 11%
Payments to Acquire Property, Plant, and Equipment $40,062,000 USD 21%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,671,626,000 USD 2.7%
Lessee, Operating Lease, Liability, to be Paid $195,387,000 USD 20%
Property, Plant and Equipment, Gross $2,376,040,000 USD 5.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two $29,808,000 USD 3.4%
Lessee, Operating Lease, Liability, to be Paid, Year One $36,647,000 USD 5.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 26%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $32,600,000 USD 45%
Lessee, Operating Lease, Liability, to be Paid, Year Three $23,945,000 USD 10%
Deferred Tax Assets, Operating Loss Carryforwards $22,577,000 USD 41%
Unrecognized Tax Benefits $5,295,000 USD -60.98%
Lessee, Operating Lease, Liability, to be Paid, Year Four $21,992,000 USD 28%
Deferred Tax Assets, Net of Valuation Allowance $965,515,000 USD 11%