Garmin

Consumer Discretionary Consumer Electronics Schaffhausen, Switzerland Last filing Feb 18, 2026 · FY2025

                    Revenue
                    FY2025
                
$7.2B
                    3y CAGR +14.2%
                    
                    P87
                    
                    n/a
                    
                    Net income
                    FY2025
                
$1.7B
                    Net margin +23.0%
                    
                    P98
                    
                    n/a
                    
                    Total assets
                    FY2025
                
$11.0B
                    ROA +15.1%
                    
                    P80
                    
                    n/a
                    
                    Operating cash flow
                    FY2025
                
$1.6B
                    FCF margin +18.8%
                    
                    P91
                    
                    n/a

19 yrs · FY2007–FY2025 8 filed · 1 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s total assets.

Balance Sheet

Assets, liabilities, and equity

31 accounts · 1 year

Total assets $11.0B

Total liabilities ~$2.0B

Shareholders equity $9.0B

Account	2025	Trend
Assets
Cash and Cash Equivalents	20.7%
Short Term Investments	4.2%
Accounts Receivable	11.4%
Inventory	16.1%
Prepaid Expenses	4.3%
Other Current Assets	0.2%
Total Current Assets	56.8%
Property,Plant and Equipment	12.5%
Operating Lease Assets	1.8%
Goodwill	6.9%
Intangible Assets	1.8%
Long Term Investments	12.7%
Deferred Tax Assets	6.5%
Other Noncurrent Assets	0.9%
Total Assets	100.0%
Liabilities
Accounts Payable	3.2%
Accrued Liabilities	9.9%
Deferred Revenue	1.0%
Other Current Liabilities	1.6%
Total Current Liabilities	15.6%
Deferred Revenue Noncurrent	0.2%
Operating Lease Liabilities Noncurrent	1.5%
Deferred Tax Liabilities	1.0%
Other Noncurrent Liabilities	0.0%
Equity
Common Stock	0.2%
Additional Paid In Capital	21.5%
Retained Earnings	63.4%
Treasury Stock	3.7%
Accumulated Other Comprehensive Income	0.2%
Total Stockholders Equity	81.6%
Total Liabilitiesand Equity	100.0%

Income Statement

Revenue, expense, and profitability

15 accounts · 1 year

Revenue $7.2B

Operating income $1.9B

Net income $1.7B

Account	2025	Trend
IncomeStatement
Revenues Total Revenue	65.9%
Expenses Cost of Revenue	27.2%
Other Income Expense Gross Profit	38.7%
Expenses Research and Development	10.2%
Expenses Selling,General and Administrative	11.4%
Expenses Operating Expenses	21.7%
Other Income Expense Operating Income	17.1%
Other Income Expense Interest Income	1.2%
Other Income Expense Other Income/expense	0.1%
Other Income Expense Income Before Tax	18.3%
Income Tax Income Tax Expense	3.2%
net Income net Income	15.1%
net Income Comprehensive Income	16.7%
Earnings Per Share Basic Eps	0.0%
Earnings Per Share Diluted Eps	0.0%

Cash Flow Statement

Operating, investing, and financing flows

19 accounts · 1 year

Operating cash flow $1.6B

Investing cash flow $-645.2M

Financing cash flow $-844.1M

Account	2025	Trend
CashFlow
Operating Activities net Income	15.1%
Operating Activities Depreciation and Amortization	1.7%
Operating Activities Stock Based Compensation	1.5%
Operating Activities Deferred Income Taxes	0.8%
Operating Activities Changes In Operating Assets and Liabilities	-4.0%
Operating Activities Other Non Cash Items	-0.3%
Operating Activities net Cash From Operating Activities	14.9%
Investing Activities Capital Expenditures	-2.5%
Investing Activities Business Acquisitions	-1.6%
Investing Activities Purchases of Investments	-7.6%
Investing Activities Proceeds From Sale of Investments	5.8%
Investing Activities Other Investing Activities	0.0%
Investing Activities net Cash From Investing Activities	-5.9%
Financing Activities Repurchase of Common Stock	-2.2%
Financing Activities Dividends Paid	-6.0%
Financing Activities Proceeds From Stock Issuance	0.5%
Financing Activities net Cash From Financing Activities	-7.7%
Cash Reconciliation Effect of Exchange Rate On Cash	0.5%
Cash Reconciliation net Change In Cash	1.8%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 1 year

Ratio	2025
Profitability
Gross margin	+58.7%
Operating margin	+25.9%
Net margin	+23.0%
FCF margin	+18.8%
Growth
Revenue CAGR (3y)	+14.2%
Returns
ROE	+18.5%
ROA	+15.1%
ROIC	—
Liquidity
Current ratio	3.63x
Quick ratio	2.05x
Leverage
D/E	0.23x
Interest coverage	—
Efficiency
Asset turnover	0.66x
Cash conversion cycle	+237d

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Garmin

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history