StockData
Garmin Ltd logo

Garmin Ltd

GRMNNYSESearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 26
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Oct 28, 2026Score 22/3010% above fair value
$274.29+1.62 (+0.59%)

Close on Nov 2, 2026Market cap $52.90BP/E 28.3Yield –

Garmin GAAP Effective Income Tax Rate % by Quarter

GAAP Effective Income Tax Rate % (Reported) (%)

QuarterlyAnnual

Garmin GAAP Effective Income Tax Rate %: 18.1% in Q3 2026, down 3.1 pts from a year earlier.

Latest, Q3 2026
18.1%
Period ended Sep 30, 2026
Change on a year earlier
-3.1 pts
21.2% in Q3 2025
History
31 quarters
Since Q1 2017
Sources
28
Documents cited below

Where the Q3 2026 figure comes from

Source: SEC XBRL (10-Q 0001193125-26-435070, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗

Reported in Form 10-K & Form 10-Q Note — Income Taxes.

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedGAAP Effective Income Tax Rate % (Reported) (%)Year on yearSource
Q3 2026Sep 30, 202618.1%-3.1 ptsSEC XBRL (10-Q 0001193125-26-435070, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q2 2026Jun 30, 202616.8%+0.3 ptsSEC XBRL (10-Q 0001193125-26-322114, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q1 2026Mar 31, 202614.3%-0.2 ptsSEC XBRL (10-Q 0001193125-26-188908, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q3 2025Sep 30, 202521.2%+3.3 ptsSEC XBRL (10-Q 0001193125-26-435070, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q2 2025Jun 30, 202516.5%-1.4 ptsSEC XBRL (10-Q 0001193125-26-322114, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q1 2025Mar 31, 202514.5%-1.1 ptsSEC XBRL (10-Q 0001193125-26-188908, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q3 2024Sep 30, 202417.9%+9.9 ptsSEC XBRL (10-Q 0001193125-25-254605, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q2 2024Jun 30, 202417.9%+9.0 ptsSEC XBRL (10-Q 0000950170-25-099877, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q1 2024Mar 31, 202415.6%+6.8 ptsSEC XBRL (10-Q 0000950170-25-060555, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q3 2023Sep 30, 20238.0%+3.7 ptsSEC XBRL (10-Q 0000950170-24-118582, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q2 2023Jun 30, 20238.9%+1.3 ptsSEC XBRL (10-Q 0000950170-24-088230, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q1 2023Mar 31, 20238.8%-1.5 ptsSEC XBRL (10-Q 0000950170-24-050879, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q3 2022Sep 30, 20224.3%-1.6 ptsSEC XBRL (10-Q 0000950170-23-057115, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q2 2022Jun 30, 20227.6%-7.2 ptsSEC XBRL (10-Q 0000950170-23-036762, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q1 2022Mar 31, 202210.3%-1.9 ptsSEC XBRL (10-Q 0000950170-23-016873, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗
Q3 2021Sep 30, 20215.9%-1.0 ptsSEC XBRL (10-Q 0000950170-22-020097, us-gaap:EffectiveIncomeTaxRateContinuingOperations) ↗

Cite this data

StockData. (2026). Garmin GAAP Effective Income Tax Rate % (%), quarterly Q1 2017–Q3 2026 [Data set]. Compiled from Garmin SEC filings and investor materials. https://stockdatahq.com/stocks/grmn/kpis/effective-tax-rate-pct

See every metric in the Garmin KPI table. Data updated Nov 3, 2026.