GARMIN LTD

GRMN · Large cap · 0 articles

Financial highlights

Metric	FY 12/27/25	FY 12/28/24	FY 12/30/23	FY 12/31/22	FY 12/25/21
Income Statement
Revenue	$7.2B	$6.3B	$5.2B	$4.9B	$5.0B
Cost of revenue	$3.0B	$2.6B	$2.2B	$2.1B	$2.1B
Gross profit	$4.3B	$3.7B	$3.0B	$2.8B	$2.9B
Selling, general & administrative	$1.3B	$1.1B	$1.0B	$944.0M	$721.3M
Research and development	$1.1B	$993.6M	$904.7M	$834.9M	$778.8M
Operating expenses	$2.4B	$2.1B	$1.9B	$1.8B	$1.7B
Operating income	$1.9B	$1.6B	$1.1B	$1.0B	$1.2B
Pretax income	$2.0B	$1.7B	$1.2B	$1.1B	$1.2B
Income tax expense	$350.6M	$284.0M	-$89.3M	$91.4M	$124.6M
Net income	$1.7B	$1.4B	$1.3B	$973.6M	$1.1B
Balance Sheet
Cash and equivalents	$2.3B	$2.1B	$1.7B	$1.3B	$1.5B
Current assets	$6.2B	$5.3B	$4.5B	$4.0B	$4.3B
Total assets	$11.0B	$9.6B	$8.6B	$7.7B	$7.9B
Current liabilities	$1.7B	$1.5B	$1.3B	$1.2B	$1.4B
Stockholders' equity	$9.0B	$7.8B	$7.0B	$6.2B	$6.1B
Cash Flow Statement
Cash from operations	$1.6B	$1.4B	$1.4B	$788.3M	$1.0B
Depreciation and amortization	$152.6M	$140.5M	$132.3M	$118.7M	$103.5M
Stock-based compensation	$166.0M	$137.2M	$101.4M	$76.8M	$92.5M
Capital expenditure	$270.4M	$193.6M	$193.5M	$244.3M	$307.6M
Free cash flow	$1.4B	$1.2B	$1.2B	$544.0M	$704.8M
Dividends paid	$663.9M	$572.4M	$558.8M	$679.1M	$491.5M
Share repurchases	—	—	—	$206.5M	—
Impairments	$0	$0	$0	$0	—

Shares outstanding 192.9M · Free float 85.2%

Annual filing data through FY ended December 27, 2025; float as of July 12, 2026.