Garmin Ltd financial data

Symbol
GRMN on NYSE
Location
Muhlentalstrasse 2, Schaffhausen, Switzerland
Fiscal year end
December 28
Latest financial report
10-Q - Q3 2025 - Oct 29, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 344 % +2.45%
Quick Ratio 103 % +6.19%
Return On Assets 15.6 % -8.82%
Operating Margin 25.6 % +7.56%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 192M shares +0.16%
Common Stock, Shares, Outstanding 192M shares +0.13%
Entity Public Float 25.3B USD +58.3%
Common Stock, Value, Issued 19.5M USD 0%
Weighted Average Number of Shares Outstanding, Basic 192M shares +0.14%
Weighted Average Number of Shares Outstanding, Diluted 194M shares +0.19%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.94B USD +16.6%
Research and Development Expense 1.09B USD +12.1%
Operating Income (Loss) 1.78B USD +25.4%
Nonoperating Income (Expense) 117M USD -18.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.9B USD +21.3%
Income Tax Expense (Benefit) 324M USD +50.4%
Net Income (Loss) Attributable to Parent 1.57B USD +3.5%
Earnings Per Share, Basic 8 USD/shares +3.03%
Earnings Per Share, Diluted 8 USD/shares +2.92%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.07B USD +3.16%
Accounts Receivable, after Allowance for Credit Loss, Current 956M USD +3.64%
Inventory, Net 1.89B USD +25.4%
Assets, Current 5.81B USD +11.5%
Deferred Income Tax Assets, Net 782M USD -0.73%
Property, Plant and Equipment, Net 1.3B USD +6.24%
Operating Lease, Right-of-Use Asset 188M USD +36.4%
Goodwill 757M USD +23.8%
Other Assets, Noncurrent 101M USD +3.23%
Assets 10.5B USD +12.6%
Accounts Payable, Current 378M USD +1.07%
Employee-related Liabilities, Current 240M USD +9.65%
Contract with Customer, Liability, Current 105M USD -7.13%
Liabilities, Current 1.75B USD +11%
Contract with Customer, Liability, Noncurrent 23.2M USD -23.3%
Accrued Income Taxes, Noncurrent 3.43M USD -79.7%
Deferred Income Tax Liabilities, Net 109M USD +3.86%
Operating Lease, Liability, Noncurrent 156M USD +41.8%
Other Liabilities, Noncurrent 914K USD +51.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 50M USD
Retained Earnings (Accumulated Deficit) 6.44B USD +15.8%
Stockholders' Equity Attributable to Parent 8.48B USD +12.9%
Liabilities and Equity 10.5B USD +12.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 421M USD -3.34%
Net Cash Provided by (Used in) Financing Activities -205M USD -31.1%
Net Cash Provided by (Used in) Investing Activities -133M USD -260%
Common Stock, Shares Authorized 195M shares 0%
Common Stock, Shares, Issued 195M shares 0%
Common Stock, Par or Stated Value Per Share 0.1 CHF/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 96.1M USD -57.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.07B USD +3.16%
Deferred Tax Assets, Valuation Allowance 13.9M USD +8.05%
Operating Lease, Liability 163M USD +15.6%
Depreciation 37.5M USD +10.5%
Payments to Acquire Property, Plant, and Equipment 40.1M USD +20.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.67B USD +2.68%
Lessee, Operating Lease, Liability, to be Paid 195M USD +19.7%
Property, Plant and Equipment, Gross 2.38B USD +5.38%
Lessee, Operating Lease, Liability, to be Paid, Year Two 29.8M USD +3.39%
Lessee, Operating Lease, Liability, to be Paid, Year One 36.6M USD +5.63%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +26.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 32.6M USD +45.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 23.9M USD +9.98%
Deferred Tax Assets, Operating Loss Carryforwards 22.6M USD +40.5%
Unrecognized Tax Benefits 5.3M USD -61%
Lessee, Operating Lease, Liability, to be Paid, Year Four 22M USD +28.1%
Deferred Tax Assets, Net of Valuation Allowance 966M USD +10.6%