Company research / GRMN

Garmin Ltd (GRMN)

SEC name GARMIN LTD · CIK 0001121788 · NYSE · Search, Detection, Navigation, Guidance, Aeronautical Sys

  • Sector Manufacturing
  • Fiscal year ends around Dec 26

For the year ended 2025-12-27, Garmin Ltd reported revenue of $7.25B. Revenue grew 15.1% from the prior annual period. Over the twelve months to 2026-03-28, revenue was $7.46B.

Key ratios (year ended 2025-12-27)

58.7%
Gross margin
25.9%
Operating margin
23.0%
Net margin
18.5%
Return on year-end equity
15.1%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-08-20

Headquarters locality: Schaffhausen · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-03-28 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-03-28
2025-12-272024-12-282023-12-302022-12-312021-12-252020-12-262019-12-282018-12-292017-12-302016-12-31
Revenue$7.46B$7.25B$6.30B$5.23B$4.86B$4.98B$4.19B$3.76B$3.35B$3.12B$3.05B
Cost of Revenue$3.05B$2.99B$2.60B$2.22B$2.05B$2.09B$1.71B$1.52B$1.37B$1.32B$1.36B
Gross Profit$4.41B$4.26B$3.70B$3.00B$2.81B$2.89B$2.48B$2.23B$1.98B$1.80B$1.69B
R&D Expense$1.15B$1.13B$993.60M$904.70M$834.93M$778.75M$652.34M$605.37M$567.80M$511.63M$467.96M
Operating Income$1.97B$1.88B$1.59B$1.09B$1.03B$1.22B$1.05B$945.59M$778.34M$683.64M$632.86M
Net Income$1.74B$1.66B$1.41B$1.29B$973.59M$1.08B$992.32M$952.49M$694.08M$709.01M$517.72M
EPS (Diluted)n/a$8.59$7.30$6.71$5.04$5.61$5.17$4.99$3.66$3.76$2.73
Total Assets$10.95B$10.99B$9.63B$8.60B$7.73B$7.85B$7.03B$6.17B$5.38B$4.95B$4.53B
Shareholders' Equity$9.27B$8.97B$7.85B$7.01B$6.20B$6.11B$5.52B$4.79B$4.16B$3.85B$3.45B
Cash & Equivalents$2.29B$2.28B$2.08B$1.69B$1.28B$1.50B$1.46B$1.03B$1.20B$891.49M$846.88M
Operating Cash Flow$1.75B$1.63B$1.43B$1.38B$788.26M$1.01B$1.14B$698.55M$919.52M$660.84M$705.68M
Capital Expenditures$297.00M$270.45M$193.57M$193.52M$244.29M$307.64M$185.40M$118.03M$155.75M$139.70M$90.96M
Free Cash Flow$1.45B$1.36B$1.24B$1.18B$543.97M$704.78M$949.87M$580.52M$763.76M$521.15M$614.72M
Share Repurchasesn/an/an/an/an/an/an/an/an/a$74.52M$93.23M
Dividends Paid$692.96M$663.88M$572.36M$558.77M$679.10M$491.46M$450.63M$417.26M$296.15M$382.98M$481.45M
Shares Outstanding192.90M192.62M192.47M191.78M191.62M192.61M191.57M190.69M189.46Mn/an/a
Dividends Per Sharen/an/an/an/an/a$1.34$1.22$1.14$1.06$1.53n/a
Weighted Average Diluted Sharesn/a193.62M193.28M192.06M193.04M193.04M191.90M190.90M189.73M188.73Mn/a
EPS (Basic)n/a$8.65$7.35$6.74$5.06$5.63$5.19$5.01$3.68$3.77$2.74

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