Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
304.27
+1.72 (0.57%)
Aug 6, 2026, 2:08 PM EDT - Market open
Garmin Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 27, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Cash & Equivalents | 2,334 | 2,279 | 2,079 | 1,693 | 1,279 | 1,498 |
Short-Term Investments | 331.96 | 459.2 | 421.27 | 274.62 | 173.29 | 347.98 |
Cash & Short-Term Investments | 2,666 | 2,738 | 2,501 | 1,968 | 1,452 | 1,846 |
Cash Growth | 3.05% | 9.48% | 27.07% | 35.50% | -21.32% | -0.00% |
Accounts Receivable | 1,153 | 1,253 | 983.4 | 815.24 | 656.85 | 843.45 |
Inventory | 1,966 | 1,772 | 1,474 | 1,346 | 1,515 | 1,228 |
Other Current Assets | 523.15 | 485.1 | 378.03 | 334.87 | 330.78 | 344.68 |
Total Current Assets | 6,309 | 6,248 | 5,336 | 4,464 | 3,955 | 4,262 |
Net Property, Plant & Equipment | 1,667 | 1,572 | 1,402 | 1,368 | 1,285 | 1,157 |
Other Intangible Assets | 179.05 | 198.36 | 154.16 | 181.15 | 178.46 | 215.99 |
Goodwill | 748.47 | 760.24 | 603.95 | 608.47 | 567.99 | 575.08 |
Long-Term Investments | 1,704 | 1,397 | 1,198 | 1,125 | 1,208 | 1,269 |
Other Long-Term Assets | 817.55 | 818.39 | 936.39 | 856.8 | 536.16 | 375.95 |
Total Assets | 11,424 | 10,994 | 9,631 | 8,604 | 7,731 | 7,854 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 27, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Accounts Payable | 401.32 | 347.49 | 359.37 | 253.79 | 212.42 | 370.05 |
Accrued Expenses | 641.17 | 712.03 | 598.57 | 590.24 | 522.21 | 604.34 |
Unearned Revenue | 106.96 | 105.65 | 111 | 101.19 | 91.09 | 87.65 |
Other Current Liabilities | 933.73 | 554.9 | 438.93 | 365.47 | 385.91 | 386.11 |
Total Current Liabilities | 2,083 | 1,720 | 1,508 | 1,311 | 1,212 | 1,448 |
Long-Term Leases | 177.96 | 164.84 | 134.89 | 113.04 | 114.54 | 70.04 |
Other Long-Term Liabilities | 133.75 | 136.2 | 139.39 | 167.79 | 200.65 | 222.08 |
Total Long-Term Liabilities | 311.71 | 301.03 | 274.27 | 280.82 | 315.2 | 292.12 |
Total Liabilities | 2,395 | 2,021 | 1,782 | 1,592 | 1,527 | 1,740 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 27, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Common Stock | 19.49 | 19.49 | 19.49 | 19.59 | 17.98 | 17.98 |
Treasury Stock | -427.84 | -406.42 | -270.52 | -330.91 | -475.1 | -303.11 |
Additional Paid-in Capital | 2,381 | 2,369 | 2,247 | 2,125 | 2,042 | 1,961 |
Accumulated Other Comprehensive Income | -50.52 | 20.65 | -147.24 | -65.61 | -114.53 | 117.84 |
Retained Earnings | 7,107 | 6,970 | 5,999 | 5,264 | 4,734 | 4,321 |
Shareholders' Equity | 9,029 | 8,973 | 7,848 | 7,012 | 6,204 | 6,114 |
Total Liabilities & Equity | 11,424 | 10,994 | 9,631 | 8,604 | 7,731 | 7,854 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 27, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Total Debt | 177.96 | 164.84 | 134.89 | 113.04 | 114.54 | 70.04 |
Net Cash (Debt) | 2,488 | 2,573 | 2,366 | 1,855 | 1,338 | 1,776 |
Net Cash Growth | 2.03% | 8.76% | 27.54% | 38.65% | -24.66% | 0.33% |
Net Cash Per Share | 12.85 | 13.29 | 12.24 | 9.66 | 6.93 | 9.20 |
Book Value | 9,029 | 8,973 | 7,848 | 7,012 | 6,204 | 6,114 |
Book Value Per Share | 46.64 | 46.34 | 40.61 | 36.51 | 32.14 | 31.67 |
Tangible Book Value | 8,101 | 8,014 | 7,090 | 6,222 | 5,458 | 5,323 |
Tangible Book Value Per Share | 41.85 | 41.39 | 36.68 | 32.40 | 28.27 | 27.57 |