GRMNNYSESearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 26

GARMIN LTD

Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Jul 29, 2026

$286.16+1.37 (+0.48%)

Close on Oct 19, 2026

Market cap: $55.36B
P/E (TTM): 29.5
Dividend yield: –

GARMIN LTD income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-27	FY 2024 2024-12-28	FY 2023 2023-12-30	FY 2022 2022-12-31	FY 2021 2021-12-25	FY 2020 2020-12-26	FY 2019 2019-12-28	FY 2018 2018-12-29	FY 2017 2017-12-30	FY 2016 2016-12-31	FY 2015 2015-12-26	FY 2014 2014-12-27	FY 2013 2013-12-28	FY 2012 2012-12-29	FY 2011 2011-12-31	FY 2010 2010-12-25	FY 2009 2009-12-26	FY 2008 2008-12-27	FY 2007 2007-12-29
Revenue	7,246	6,297	5,228	4,860	4,983	4,187	3,758	3,347	3,122	3,046	2,820	2,871	2,632	2,716	2,759	2,690	2,946	3,494	3,180
Cost of Revenue	2,989	2,600	2,223	2,054	2,092	1,705	1,524	1,368	1,324	1,357	1,282	1,266	1,225	1,277	1,420	1,344	1,502	1,941	1,717
Gross Profit	4,256	3,697	3,005	2,807	2,890	2,481	2,234	1,980	1,798	1,689	1,539	1,604	1,407	1,438	1,339	1,346	1,444	1,554	1,463
Research & Development	1,126	994	905	835	779	652	605	568	512	468	427	395	365	326	299	277	238	206	159
Selling, General & Admin	1,254	1,109	1,008	944	721	624	519	478	438	411	395	372	355	370	341	288	264	277	190
Advertising Expenses	229	192	173	168	172	151	164	155	165	177	167	147	113	139	145	145	156	208	207
Operating Expenses	2,380	2,103	1,913	1,779	1,672	1,427	1,288	1,201	1,114	1,056	989	914	833	834	785	710	658	691	556
Operating Income	1,876	1,594	1,092	1,028	1,219	1,054	946	778	684	633	550	691	574	604	554	637	786	862	907
Interest Expense	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.25	0	0.61	0.21
Interest & Investment Income	129	114	77	41	29	37	53	47	37	33	30	36	35	35	33	25	24	36	42
Other Non-Operating Income	138	101	108	37	-12	49	42	45	13	5.76	18	33	80	20	30	-59	23	52	71
Asset Impairment Charges	0	0	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Investments	-0.90	-0.01	-0.06	-0.99	0.62	1.39	0.80	-0.83	-0.99	0.82	0.06	0.51	5.88	2.98	4.32	-2.38	2.74	-51	-5.10
Gain (Loss) on Sale of Assets	-0.88	4.90	-0.22	2.08	-0.30	1.80	0.23	0.48	0.23	0.50	0.20	0.31	0.72	0.37	2.19	0.31	0.01	-0.12	-0.56
Pretax Income	2,015	1,695	1,200	1,065	1,207	1,103	987	823	697	639	567	724	654	625	584	577	809	914	978
Income Tax Expense	351	284	-89	91	125	111	35	129	-12	121	111	360	41	82	63	-7.33	105	182	123
Net Income incl. Noncontrolling Interests	1,664	1,411	1,290	974	1,082	992	952	694	709	–	–	–	–	–	–	585	704	733	855
Net Income	1,664	1,411	1,290	974	1,082	992	952	694	709	518	456	364	612	542	521	585	704	–	–
EPS (Basic)(per share)	8.65	7.35	6.74	5.06	5.63	5.19	5.01	3.68	3.77	2.74	2.39	1.89	3.13	2.78	2.68	2.97	3.51	3.51	3.95
EPS (Diluted)(per share)	8.59	7.30	6.71	5.04	5.61	5.17	4.99	3.66	3.76	2.73	2.39	1.88	3.12	2.76	2.67	2.95	3.50	3.48	3.89
Shares Outstanding (Basic, Weighted)(shares)	192	192	191	193	0.19	0.19	190	189	188	0.19	0.19	0.19	0.20	0.19	0.19	197	200	–	–
Shares Outstanding (Diluted, Weighted)(shares)	194	193	192	193	0.19	0.19	191	190	189	0.19	0.19	0.19	0.20	0.20	0.19	198	201	–	–
Dividend per Share(per share)	–	–	–	1.34	1.34	1.22	1.14	1.06	1.53	–	–	0.96	0.90	0.90	1.60	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 27, 2026

Profitability, TTM

Gross margin: 60.1%
Operating margin: 27.6%
Net margin: 24.5%
Return on equity, FY2025: 19.8%

Financial strength

Current ratio: 3.03
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 112.1%

Valuation

P/E ratio: 29.5
Price to sales: 7.22
Price to book: 6.13
Dividend yield: –