Garmin (GRMN) Financials & Stock Analysis

Garmin

NYSE: GRMN · USD

Revenue

USD millions

$2,022.092M

Garmin Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Revenue
FY 2009 Q2	$669.104M; Change unavailable vs FY 2009 Q1
FY 2009 Q3	$781.254M; +16.8% vs FY 2009 Q2
FY 2009 Q4	$1,059.383M; +35.6% vs FY 2009 Q3
FY 2010 Q1	$431.067M; −59.3% vs FY 2009 Q4
FY 2010 Q2	$728.765M; +69.1% vs FY 2010 Q1
FY 2010 Q3	$692.364M; −5.0% vs FY 2010 Q2
FY 2010 Q4	$837.715M; +21.0% vs FY 2010 Q3
FY 2011 Q1	$507.834M; −39.4% vs FY 2010 Q4
FY 2011 Q2	$674.099M; +32.7% vs FY 2011 Q1
FY 2011 Q3	$666.993M; −1.1% vs FY 2011 Q2
FY 2011 Q4	$909.643M; +36.4% vs FY 2011 Q3
FY 2012 Q1	$556.597M; −38.8% vs FY 2011 Q4
FY 2012 Q2	$718.154M; +29.0% vs FY 2012 Q1
FY 2012 Q3	$672.376M; −6.4% vs FY 2012 Q2
FY 2012 Q4	$768.548M; +14.3% vs FY 2012 Q3
FY 2013 Q1	$531.957M; −30.8% vs FY 2012 Q4
FY 2013 Q2	$696.563M; +30.9% vs FY 2013 Q1
FY 2013 Q3	$643.637M; −7.6% vs FY 2013 Q2
FY 2013 Q4	$759.694M; +18.0% vs FY 2013 Q3
FY 2014 Q1	$583.221M; −23.2% vs FY 2013 Q4
FY 2014 Q2	$777.848M; +33.4% vs FY 2014 Q1
FY 2014 Q3	$706.283M; −9.2% vs FY 2014 Q2
FY 2014 Q4	$803.306M; +13.7% vs FY 2014 Q3
FY 2015 Q1	$585.394M; −27.1% vs FY 2014 Q4
FY 2015 Q2	$773.83M; +32.2% vs FY 2015 Q1
FY 2015 Q3	$679.69M; −12.2% vs FY 2015 Q2
FY 2015 Q4	$781.358M; +15.0% vs FY 2015 Q3
FY 2016 Q1	$624.04M; −20.1% vs FY 2015 Q4
FY 2016 Q2	$811.609M; +30.1% vs FY 2016 Q1
FY 2016 Q3	$722.25M; −11.0% vs FY 2016 Q2
FY 2016 Q4	$860.767M; +19.2% vs FY 2016 Q3
FY 2017 Q1	$638.546M; −25.8% vs FY 2016 Q4
FY 2017 Q2	$816.885M; +27.9% vs FY 2017 Q1
FY 2017 Q3	$743.077M; −9.0% vs FY 2017 Q2
FY 2017 Q4	$888.496M; +19.6% vs FY 2017 Q3
FY 2018 Q1	$710.872M; −20.0% vs FY 2017 Q4
FY 2018 Q2	$894.452M; +25.8% vs FY 2018 Q1
FY 2018 Q3	$810.011M; −9.4% vs FY 2018 Q2
FY 2018 Q4	$932.108M; +15.1% vs FY 2018 Q3
FY 2019 Q1	$766.05M; −17.8% vs FY 2018 Q4
FY 2019 Q2	$954.84M; +24.6% vs FY 2019 Q1
FY 2019 Q3	$934.383M; −2.1% vs FY 2019 Q2
FY 2019 Q4	$1,102.233M; +18.0% vs FY 2019 Q3
FY 2020 Q1	$856.108M; −22.3% vs FY 2019 Q4
FY 2020 Q2	$869.867M; +1.6% vs FY 2020 Q1
FY 2020 Q3	$1,109.194M; +27.5% vs FY 2020 Q2
FY 2020 Q4	$1,351.405M; +21.8% vs FY 2020 Q3
FY 2021 Q1	$1,072.327M; −20.7% vs FY 2020 Q4
FY 2021 Q2	$1,326.905M; +23.7% vs FY 2021 Q1
FY 2021 Q3	$1,191.973M; −10.2% vs FY 2021 Q2
FY 2021 Q4	$1,391.589M; +16.7% vs FY 2021 Q3
FY 2022 Q1	$1,172.662M; −15.7% vs FY 2021 Q4
FY 2022 Q2	$1,240.833M; +5.8% vs FY 2022 Q1
FY 2022 Q3	$1,140.434M; −8.1% vs FY 2022 Q2
FY 2022 Q4	$1,306.355M; +14.5% vs FY 2022 Q3
FY 2023 Q1	$1,147.424M; −12.2% vs FY 2022 Q4
FY 2023 Q2	$1,320.795M; +15.1% vs FY 2023 Q1
FY 2023 Q3	$1,277.531M; −3.3% vs FY 2023 Q2
FY 2023 Q4	$1,482.501M; +16.0% vs FY 2023 Q3
FY 2024 Q1	$1,381.649M; −6.8% vs FY 2023 Q4
FY 2024 Q2	$1,506.671M; +9.0% vs FY 2024 Q1
FY 2024 Q3	$1,586.022M; +5.3% vs FY 2024 Q2
FY 2024 Q4	$1,822.561M; +14.9% vs FY 2024 Q3
FY 2025 Q1	$1,535.099M; −15.8% vs FY 2024 Q4
FY 2025 Q2	$1,814.564M; +18.2% vs FY 2025 Q1
FY 2025 Q3	$1,770.901M; −2.4% vs FY 2025 Q2
FY 2025 Q4	$2,124.955M; +20.0% vs FY 2025 Q3
FY 2026 Q1	$1,753.489M; −17.5% vs FY 2025 Q4
FY 2026 Q2	$2,022.092M; +15.3% vs FY 2026 Q1

Free cash flow

USD millions

$275.778M

Garmin Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Free cash flow
FY 2009 Q2	Unavailable; Change unavailable vs FY 2009 Q1
FY 2009 Q3	Unavailable; Change unavailable vs FY 2009 Q2
FY 2009 Q4	Unavailable; Change unavailable vs FY 2009 Q3
FY 2010 Q1	Unavailable; Change unavailable vs FY 2009 Q4
FY 2010 Q2	Unavailable; Change unavailable vs FY 2010 Q1
FY 2010 Q3	$194.585M; Change unavailable vs FY 2010 Q2
FY 2010 Q4	$175.173M; −10.0% vs FY 2010 Q3
FY 2011 Q1	$200.421M; +14.4% vs FY 2010 Q4
FY 2011 Q2	$196.217M; −2.1% vs FY 2011 Q1
FY 2011 Q3	$174.315M; −11.2% vs FY 2011 Q2
FY 2011 Q4	$213.015M; +22.2% vs FY 2011 Q3
FY 2012 Q1	$116.47M; −45.3% vs FY 2011 Q4
FY 2012 Q2	$211.237M; +81.4% vs FY 2012 Q1
FY 2012 Q3	$155.446M; −26.4% vs FY 2012 Q2
FY 2012 Q4	$163.147M; +5.0% vs FY 2012 Q3
FY 2013 Q1	$47.747M; −70.7% vs FY 2012 Q4
FY 2013 Q2	$186.191M; +290.0% vs FY 2013 Q1
FY 2013 Q3	$205.008M; +10.1% vs FY 2013 Q2
FY 2013 Q4	Unavailable; Change unavailable vs FY 2013 Q3
FY 2014 Q1	$55.636M; Change unavailable vs FY 2013 Q4
FY 2014 Q2	Unavailable; Change unavailable vs FY 2014 Q1
FY 2014 Q3	$124.274M; Change unavailable vs FY 2014 Q2
FY 2014 Q4	$126.507M; +1.8% vs FY 2014 Q3
FY 2015 Q1	$63.512M; −49.8% vs FY 2014 Q4
FY 2015 Q2	$-118.948M; −287.3% vs FY 2015 Q1
FY 2015 Q3	$124.27M; +204.5% vs FY 2015 Q2
FY 2015 Q4	$131.041M; +5.4% vs FY 2015 Q3
FY 2016 Q1	$115.479M; −11.9% vs FY 2015 Q4
FY 2016 Q2	$135.279M; +17.1% vs FY 2016 Q1
FY 2016 Q3	$199.451M; +47.4% vs FY 2016 Q2
FY 2016 Q4	$164.513M; −17.5% vs FY 2016 Q3
FY 2017 Q1	$94.857M; −42.3% vs FY 2016 Q4
FY 2017 Q2	$129.158M; +36.2% vs FY 2017 Q1
FY 2017 Q3	$153.351M; +18.7% vs FY 2017 Q2
FY 2017 Q4	$143.78M; −6.2% vs FY 2017 Q3
FY 2018 Q1	$187.854M; +30.7% vs FY 2017 Q4
FY 2018 Q2	$157.137M; −16.4% vs FY 2018 Q1
FY 2018 Q3	$233.945M; +48.9% vs FY 2018 Q2
FY 2018 Q4	$184.829M; −21.0% vs FY 2018 Q3
FY 2019 Q1	$134.488M; −27.2% vs FY 2018 Q4
FY 2019 Q2	$80.235M; −40.3% vs FY 2019 Q1
FY 2019 Q3	$157.978M; +96.9% vs FY 2019 Q2
FY 2019 Q4	$207.817M; +31.5% vs FY 2019 Q3
FY 2020 Q1	$184.513M; −11.2% vs FY 2019 Q4
FY 2020 Q2	$142.328M; −22.9% vs FY 2020 Q1
FY 2020 Q3	$235.536M; +65.5% vs FY 2020 Q2
FY 2020 Q4	$387.489M; +64.5% vs FY 2020 Q3
FY 2021 Q1	$331.468M; −14.5% vs FY 2020 Q4
FY 2021 Q2	$120.032M; −63.8% vs FY 2021 Q1
FY 2021 Q3	$204.005M; +70.0% vs FY 2021 Q2
FY 2021 Q4	$49.277M; −75.8% vs FY 2021 Q3
FY 2022 Q1	$125.919M; +155.5% vs FY 2021 Q4
FY 2022 Q2	$4.759M; −96.2% vs FY 2022 Q1
FY 2022 Q3	$103.988M; +2085.1% vs FY 2022 Q2
FY 2022 Q4	$309.307M; +197.4% vs FY 2022 Q3
FY 2023 Q1	$232.396M; −24.9% vs FY 2022 Q4
FY 2023 Q2	$221.17M; −4.8% vs FY 2023 Q1
FY 2023 Q3	$311.882M; +41.0% vs FY 2023 Q2
FY 2023 Q4	$417.293M; +33.8% vs FY 2023 Q3
FY 2024 Q1	$402.137M; −3.6% vs FY 2023 Q4
FY 2024 Q2	$218.164M; −45.7% vs FY 2024 Q1
FY 2024 Q3	$219.411M; +0.6% vs FY 2024 Q2
FY 2024 Q4	$399.188M; +81.9% vs FY 2024 Q3
FY 2025 Q1	$380.726M; −4.6% vs FY 2024 Q4
FY 2025 Q2	$127.495M; −66.5% vs FY 2025 Q1
FY 2025 Q3	$425.08M; +233.4% vs FY 2025 Q2
FY 2025 Q4	$429.612M; +1.1% vs FY 2025 Q3
FY 2026 Q1	$469.371M; +9.3% vs FY 2025 Q4
FY 2026 Q2	$275.778M; −41.2% vs FY 2026 Q1

Net margin

26.8%

Garmin Net margin. Reported fiscal history.
Fiscal period	%
FY 2009 Q2	24.19%
FY 2009 Q3	27.54%
FY 2009 Q4	26.28%
FY 2010 Q1	8.66%
FY 2010 Q2	18.5%
FY 2010 Q3	40.38%
FY 2010 Q4	15.87%
FY 2011 Q1	18.8%
FY 2011 Q2	16.24%
FY 2011 Q3	22.55%
FY 2011 Q4	18.2%
FY 2012 Q1	15.61%
FY 2012 Q2	25.89%
FY 2012 Q3	20.87%
FY 2012 Q4	16.82%
FY 2013 Q1	16.67%
FY 2013 Q2	24.76%
FY 2013 Q3	29.16%
FY 2013 Q4	21.53%
FY 2014 Q1	20.37%
FY 2014 Q2	23.4%
FY 2014 Q3	-20.79%
FY 2014 Q4	26.17%
FY 2015 Q1	11.41%
FY 2015 Q2	17.8%
FY 2015 Q3	17.55%
FY 2015 Q4	16.94%
FY 2016 Q1	14.12%
FY 2016 Q2	19.85%
FY 2016 Q3	17.31%
FY 2016 Q4	15.87%
FY 2017 Q1	37.24%
FY 2017 Q2	20.93%
FY 2017 Q3	19.84%
FY 2017 Q4	15.62%
FY 2018 Q1	18.2%
FY 2018 Q2	21.28%
FY 2018 Q3	22.74%
FY 2018 Q4	20.4%
FY 2019 Q1	18.3%
FY 2019 Q2	23.42%
FY 2019 Q3	24.39%
FY 2019 Q4	32.73%
FY 2020 Q1	18.83%
FY 2020 Q2	21.17%
FY 2020 Q3	28.26%
FY 2020 Q4	24.68%
FY 2021 Q1	20.52%
FY 2021 Q2	23.89%
FY 2021 Q3	21.73%
FY 2021 Q4	20.56%
FY 2022 Q1	18.04%
FY 2022 Q2	20.78%
FY 2022 Q3	18.49%
FY 2022 Q4	22.45%
FY 2023 Q1	17.63%
FY 2023 Q2	21.8%
FY 2023 Q3	20.14%
FY 2023 Q4	36.57%
FY 2024 Q1	19.97%
FY 2024 Q2	19.95%
FY 2024 Q3	25.16%
FY 2024 Q4	23.91%
FY 2025 Q1	21.68%
FY 2025 Q2	22.09%
FY 2025 Q3	22.68%
FY 2025 Q4	24.88%
FY 2026 Q1	23.1%
FY 2026 Q2	26.8%

P/E

× · TTM · Daily

30.31×

Garmin P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date	× · TTM · Daily	Financials through
2012-03-30	—	2010-09-25
2012-04-30	—	2010-09-25
2012-05-31	—	2010-09-25
2012-06-29	—	2010-09-25
2012-07-31	—	2010-09-25
2012-08-31	—	2010-09-25
2012-09-28	—	2010-09-25
2012-10-31	—	2010-09-25
2012-11-30	—	2010-09-25
2012-12-31	—	2010-09-25
2013-01-31	—	2010-09-25
2013-02-28	12.44×	2012-12-29
2013-03-28	11.96×	2012-12-29
2013-04-30	12.7×	2012-12-29
2013-05-31	0.01×	2013-03-30
2013-06-28	0.01×	2013-03-30
2013-07-31	0.01×	2013-03-30
2013-08-30	0.02×	2013-06-29
2013-09-30	0.02×	2013-06-29
2013-10-31	0.02×	2013-09-28
2013-11-29	0.02×	2013-09-28
2013-12-31	0.02×	2013-09-28
2014-01-31	0.02×	2013-09-28
2014-02-28	0.02×	2013-12-28
2014-03-31	0.02×	2013-12-28
2014-04-30	0.02×	2013-12-28
2014-05-30	0.02×	2014-03-29
2014-06-30	0.02×	2014-03-29
2014-07-31	0.02×	2014-06-28
2014-08-29	0.02×	2014-06-28
2014-09-30	0.02×	2014-06-28
2014-10-31	33.59×	2014-09-27
2014-11-28	34.69×	2014-09-27
2014-12-31	31.98×	2014-09-27
2015-01-30	31.7×	2014-09-27
2015-02-27	0.03×	2014-12-27
2015-03-31	0.03×	2014-12-27
2015-04-30	0.02×	2014-12-27
2015-05-29	0.02×	2014-12-27
2015-06-30	0.02×	2014-12-27
2015-07-31	0.02×	2014-12-27
2015-08-31	0.02×	2014-12-27
2015-09-30	0.02×	2014-12-27
2015-10-30	0.01×	2015-09-26
2015-11-30	0.01×	2015-09-26
2015-12-31	0.01×	2015-09-26
2016-01-29	0.01×	2015-09-26
2016-02-29	0.02×	2015-12-26
2016-03-31	0.02×	2015-12-26
2016-04-29	16.93×	2016-03-26
2016-05-31	16.89×	2016-03-26
2016-06-30	16.85×	2016-03-26
2016-07-29	20.54×	2016-06-25
2016-08-31	18.56×	2016-06-25
2016-09-30	18.19×	2016-06-25
2016-10-31	18.06×	2016-09-24
2016-11-30	19.48×	2016-09-24
2016-12-30	18.11×	2016-09-24
2017-01-31	18.04×	2016-09-24
2017-02-28	0.02×	2016-12-31
2017-03-31	0.02×	2016-12-31
2017-04-28	0.02×	2016-12-31
2017-05-31	0.01×	2017-04-01
2017-06-30	0.01×	2017-04-01
2017-07-31	0.01×	2017-04-01
2017-08-31	0.01×	2017-07-01
2017-09-29	0.02×	2017-07-01
2017-10-31	0.02×	2017-07-01
2017-11-30	0.02×	2017-07-01
2017-12-29	0.02×	2017-07-01
2018-01-31	0.02×	2017-07-01
2018-02-28	0.02×	2017-12-30
2018-03-29	0.02×	2017-12-30
2018-04-30	0.02×	2017-12-30
2018-05-31	0.02×	2017-12-30
2018-06-29	0.02×	2017-12-30
2018-07-31	0.02×	2017-12-30
2018-08-31	21.31×	2018-06-30
2018-09-28	21.9×	2018-06-30
2018-10-31	20.69×	2018-06-30
2018-11-30	19.71×	2018-09-29
2018-12-31	18.72×	2018-09-29
2019-01-31	20.45×	2018-09-29
2019-02-28	0.02×	2018-12-29
2019-03-29	0.02×	2018-12-29
2019-04-30	0.02×	2018-12-29
2019-05-31	0.02×	2019-03-30
2019-06-28	0.02×	2019-03-30
2019-07-31	0.02×	2019-03-30
2019-08-30	21.07×	2019-06-29
2019-09-30	21.88×	2019-06-29
2019-10-31	22.9×	2019-09-28
2019-11-29	23.86×	2019-09-28
2019-12-31	23.83×	2019-09-28
2020-01-31	23.68×	2019-09-28
2020-02-28	17.75×	2019-12-28
2020-03-31	15.05×	2019-12-28
2020-04-30	16.29×	2019-12-28
2020-05-29	18.1×	2019-12-28
2020-06-30	19.57×	2019-12-28
2020-07-31	19.79×	2019-12-28
2020-08-31	20.8×	2019-12-28
2020-09-30	19.04×	2019-12-28
2020-10-30	20.88×	2019-12-28
2020-11-30	23.44×	2019-12-28
2020-12-31	24.02×	2019-12-28
2021-01-29	23.06×	2019-12-28
2021-02-26	24.03×	2020-12-26
2021-03-31	25.55×	2020-12-26
2021-04-30	26.6×	2020-12-26
2021-05-28	26.09×	2021-03-27
2021-06-30	26.53×	2021-03-27
2021-07-30	25.61×	2021-06-26
2021-08-31	28.41×	2021-06-26
2021-09-30	25.32×	2021-06-26
2021-10-29	24.56×	2021-09-25
2021-11-30	22.84×	2021-09-25
2021-12-31	23.29×	2021-09-25
2022-01-31	21.28×	2021-09-25
2022-02-28	19.73×	2021-12-25
2022-03-31	21.19×	2021-12-25
2022-04-29	19.6×	2021-12-25
2022-05-31	18.87×	2021-12-25
2022-06-30	17.55×	2021-12-25
2022-07-29	17.44×	2021-12-25
2022-08-31	15.81×	2021-12-25
2022-09-30	14.35×	2021-12-25
2022-10-31	17.59×	2022-09-24
2022-11-30	18.58×	2022-09-24
2022-12-30	18.44×	2022-09-24
2023-01-31	19.76×	2022-09-24
2023-02-28	0.02×	2022-12-31
2023-03-31	0.02×	2022-12-31
2023-04-28	0.02×	2022-12-31
2023-05-31	20.53×	2023-04-01
2023-06-30	20.75×	2023-04-01
2023-07-31	21.07×	2023-04-01
2023-08-31	20.43×	2023-07-01
2023-09-29	20.27×	2023-07-01
2023-10-31	19.76×	2023-07-01
2023-11-30	22.53×	2023-09-30
2023-12-29	23.7×	2023-09-30
2024-01-31	22.03×	2023-09-30
2024-02-29	0.02×	2023-12-30
2024-03-28	0.02×	2023-12-30
2024-04-30	0.02×	2023-12-30
2024-05-31	23.16×	2024-03-30
2024-06-28	23.03×	2024-03-30
2024-07-31	24.21×	2024-03-30
2024-08-30	25.7×	2024-06-29
2024-09-30	24.68×	2024-06-29
2024-10-31	25.24×	2024-09-28
2024-11-29	27.06×	2024-09-28
2024-12-31	26.25×	2024-09-28
2025-01-31	27.47×	2024-09-28
2025-02-28	31.52×	2024-12-28
2025-03-31	29.89×	2024-12-28
2025-04-30	25.73×	2024-12-28
2025-05-30	26.78×	2025-03-29
2025-06-30	27.54×	2025-03-29
2025-07-31	26.98×	2025-06-28
2025-08-29	29.82×	2025-06-28
2025-09-30	30.36×	2025-06-28
2025-10-31	26.36×	2025-09-27
2025-11-28	24.06×	2025-09-27
2025-12-31	24.99×	2025-09-27
2026-01-30	24.84×	2025-09-27
2026-02-27	29.45×	2025-12-27
2026-03-31	27.02×	2025-12-27
2026-04-30	28×	2026-03-28
2026-05-29	26.08×	2026-03-28
2026-06-30	26.48×	2026-03-28
2026-07-31	30.28×	2026-06-27
2026-08-31	29.28×	2026-06-27
2026-09-25	30.31×	2026-06-27

ROIC

% · Annual / TTM

—

Reported borrowing balances are unavailable in the extracted statements for this period.

Garmin ROIC. Reported fiscal history.
Fiscal period	% · Annual / TTM
FY 2009 Q2	—
FY 2009 Q3	—
FY 2009 Q4	—
FY 2010 Q1	—
FY 2010 Q2	—
FY 2010 Q3	—
FY 2010 Q4	—
FY 2011 Q1	—
FY 2011 Q2	—
FY 2011 Q3	—
FY 2011 Q4	—
FY 2012 Q1	—
FY 2012 Q2	—
FY 2012 Q3	—
FY 2012 Q4	—
FY 2013 Q1	—
FY 2013 Q2	—
FY 2013 Q3	—
FY 2013 Q4	—
FY 2014 Q1	—
FY 2014 Q2	—
FY 2014 Q3	—
FY 2014 Q4	—
FY 2015 Q1	—
FY 2015 Q2	—
FY 2015 Q3	—
FY 2015 Q4	—
FY 2016 Q1	—
FY 2016 Q2	—
FY 2016 Q3	—
FY 2016 Q4	—
FY 2017 Q1	—
FY 2017 Q2	—
FY 2017 Q3	—
FY 2017 Q4	—
FY 2018 Q1	—
FY 2018 Q2	—
FY 2018 Q3	—
FY 2018 Q4	—
FY 2019 Q1	—
FY 2019 Q2	—
FY 2019 Q3	—
FY 2019 Q4	—
FY 2020 Q1	—
FY 2020 Q2	—
FY 2020 Q3	—
FY 2020 Q4	—
FY 2021 Q1	—
FY 2021 Q2	—
FY 2021 Q3	—
FY 2021 Q4	—
FY 2022 Q1	—
FY 2022 Q2	—
FY 2022 Q3	—
FY 2022 Q4	—
FY 2023 Q1	—
FY 2023 Q2	—
FY 2023 Q3	—
FY 2023 Q4	—
FY 2024 Q1	—
FY 2024 Q2	—
FY 2024 Q3	—
FY 2024 Q4	—
FY 2025 Q1	—
FY 2025 Q2	—
FY 2025 Q3	—
FY 2025 Q4	—
FY 2026 Q1	—
FY 2026 Q2	—

Capital allocation

% of tracked cash uses

$330.186M

Garmin capital allocation. Quarterly values. Missing values are unavailable.
Period	Capex	Acquisitions	Buybacks	Dividends	Debt repayments	Tracked uses
FY 2009 Q2	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable
FY 2009 Q3	Unavailable	0% · $0M	100% · $0.059M	Unavailable	Unavailable	100% · $0.059M
FY 2009 Q4	Unavailable	0% · $0M	100% · $18.35M	Unavailable	Unavailable	100% · $18.35M
FY 2010 Q1	Unavailable	Unavailable	100% · $47.206M	Unavailable	Unavailable	100% · $47.206M
FY 2010 Q2	Unavailable	Unavailable	100% · $37.122M	Unavailable	Unavailable	100% · $37.122M
FY 2010 Q3	6.56% · $9.763M	Unavailable	93.44% · $139.05M	0% · $0M	Unavailable	100% · $148.813M
FY 2010 Q4	78.39% · $9.249M	Unavailable	21.61% · $2.55M	Unavailable	Unavailable	100% · $11.799M
FY 2011 Q1	54.89% · $7.178M	Unavailable	45.11% · $5.9M	Unavailable	Unavailable	100% · $13.078M
FY 2011 Q2	55.44% · $7.137M	Unavailable	44.56% · $5.736M	Unavailable	Unavailable	100% · $12.873M
FY 2011 Q3	99.68% · $12.208M	Unavailable	0.32% · $0.039M	Unavailable	Unavailable	100% · $12.247M
FY 2011 Q4	6.58% · $11.843M	0.83% · $1.502M	5.91% · $10.625M	86.68% · $155.928M	Unavailable	100% · $179.898M
FY 2012 Q1	6.63% · $5.758M	3.24% · $2.816M	0.36% · $0.311M	89.76% · $77.915M	Unavailable	100% · $86.8M
FY 2012 Q2	11.06% · $11.668M	0% · $0.002M	5.83% · $6.149M	83.12% · $87.723M	Unavailable	100% · $105.542M
FY 2012 Q3	9.6% · $9.455M	1.21% · $1.192M	0.08% · $0.082M	89.11% · $87.748M	Unavailable	100% · $98.477M
FY 2012 Q4	42.12% · $11.564M	13.43% · $3.687M	44.45% · $12.203M	0% · $0M	Unavailable	100% · $27.454M
FY 2013 Q1	6.19% · $11.616M	0% · $0M	0.03% · $0.062M	93.78% · $175.956M	Unavailable	100% · $187.634M
FY 2013 Q2	17.08% · $18.107M	0.02% · $0.025M	Unavailable	82.9% · $87.901M	Unavailable	100% · $106.033M
FY 2013 Q3	67.21% · $11.602M	32.79% · $5.661M	Unavailable	0% · $0M	Unavailable	100% · $17.263M
FY 2013 Q4	14.38% · $14.758M	Unavailable	Unavailable	85.62% · $87.85M	Unavailable	100% · $102.608M
FY 2014 Q1	15.03% · $15.537M	0% · $0M	Unavailable	84.97% · $87.853M	Unavailable	100% · $103.39M
FY 2014 Q2	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable
FY 2014 Q3	13.96% · $18.068M	14.58% · $18.871M	Unavailable	71.45% · $92.449M	Unavailable	100% · $129.388M
FY 2014 Q4	16.72% · $18.51M	0% · $0M	0.11% · $0.118M	83.17% · $92.052M	Unavailable	100% · $110.68M
FY 2015 Q1	13.05% · $18.143M	9.09% · $12.632M	11.7% · $16.26M	66.16% · $91.964M	Unavailable	100% · $138.999M
FY 2015 Q2	13.97% · $21.589M	0% · $0M	26.55% · $41.035M	59.49% · $91.961M	Unavailable	100% · $154.585M
FY 2015 Q3	8.39% · $13.565M	0% · $0M	31.4% · $50.762M	60.21% · $97.322M	Unavailable	100% · $161.649M
FY 2015 Q4	15.73% · $27.295M	15.01% · $26.055M	13.46% · $23.356M	55.81% · $96.87M	Unavailable	100% · $173.576M
FY 2016 Q1	7.23% · $13.908M	32.29% · $62.137M	10.29% · $19.796M	50.19% · $96.566M	Unavailable	100% · $192.407M
FY 2016 Q2	10.77% · $14.706M	0% · $0M	18.53% · $25.301M	70.7% · $96.545M	Unavailable	100% · $136.552M
FY 2016 Q3	10.43% · $13.543M	0% · $0M	15.49% · $20.124M	74.08% · $96.22M	Unavailable	100% · $129.887M
FY 2016 Q4	17.14% · $48.803M	5.55% · $15.808M	9.84% · $28.012M	67.47% · $192.121M	Unavailable	100% · $284.744M
FY 2017 Q1	17.09% · $25.538M	Unavailable	18.65% · $27.873M	64.26% · $96.028M	Unavailable	100% · $149.439M
FY 2017 Q2	9.78% · $14.274M	Unavailable	24.71% · $36.084M	65.51% · $95.663M	Unavailable	100% · $146.021M
FY 2017 Q3	29.01% · $45.399M	3.13% · $4.9M	6.75% · $10.566M	61.11% · $95.627M	Unavailable	100% · $156.492M
FY 2017 Q4	23.87% · $54.485M	34.21% · $78.071M	0% · $0M	41.92% · $95.658M	Unavailable	100% · $228.214M
FY 2018 Q1	19.97% · $26.336M	7.14% · $9.417M	Unavailable	72.89% · $96.146M	Unavailable	100% · $131.899M
FY 2018 Q2	40.04% · $66.736M	0% · $0M	Unavailable	59.96% · $99.94M	Unavailable	100% · $166.676M
FY 2018 Q3	19.9% · $29.774M	13.2% · $19.753M	Unavailable	66.89% · $100.063M	Unavailable	100% · $149.59M
FY 2018 Q4	100% · $32.909M	0% · $0M	Unavailable	Unavailable	Unavailable	100% · $32.909M
FY 2019 Q1	13.04% · $30.094M	0% · $0M	Unavailable	86.96% · $200.687M	Unavailable	100% · $230.781M
FY 2019 Q2	7.33% · $30.401M	66.57% · $276.014M	Unavailable	26.1% · $108.218M	Unavailable	100% · $414.633M
FY 2019 Q3	100% · $30.974M	Unavailable	Unavailable	0% · $0M	Unavailable	100% · $30.974M
FY 2019 Q4	16.61% · $26.562M	15.62% · $24.979M	Unavailable	67.77% · $108.359M	Unavailable	100% · $159.9M
FY 2020 Q1	26.52% · $41.361M	3.88% · $6.058M	Unavailable	69.6% · $108.571M	Unavailable	100% · $155.99M
FY 2020 Q2	33.95% · $56.909M	1.09% · $1.835M	Unavailable	64.95% · $108.879M	Unavailable	100% · $167.623M
FY 2020 Q3	13.11% · $38.802M	47.54% · $140.755M	Unavailable	39.36% · $116.525M	Unavailable	100% · $296.082M
FY 2020 Q4	29.29% · $48.329M	0% · $0M	Unavailable	70.71% · $116.656M	Unavailable	100% · $164.985M
FY 2021 Q1	21.77% · $36.894M	9.38% · $15.893M	Unavailable	68.85% · $116.655M	Unavailable	100% · $169.442M
FY 2021 Q2	48.33% · $109.648M	0% · $0M	Unavailable	51.67% · $117.205M	Unavailable	100% · $226.853M
FY 2021 Q3	24.34% · $41.418M	0% · $0M	Unavailable	75.66% · $128.742M	Unavailable	100% · $170.16M
FY 2021 Q4	47.34% · $119.685M	1.69% · $4.282M	Unavailable	50.97% · $128.855M	Unavailable	100% · $252.822M
FY 2022 Q1	29.95% · $59.715M	5.43% · $10.828M	Unavailable	64.62% · $128.856M	Unavailable	100% · $199.399M
FY 2022 Q2	36.72% · $75.083M	0% · $0M	Unavailable	63.28% · $129.393M	Unavailable	100% · $204.476M
FY 2022 Q3	25.9% · $50.13M	1.36% · $2.627M	Unavailable	72.75% · $140.825M	Unavailable	100% · $193.582M
FY 2022 Q4	17.49% · $59.358M	0% · $0M	Unavailable	82.51% · $280.022M	Unavailable	100% · $339.38M
FY 2023 Q1	25.08% · $46.814M	0% · $0M	Unavailable	74.92% · $139.847M	Unavailable	100% · $186.661M
FY 2023 Q2	27.34% · $52.532M	Unavailable	Unavailable	72.66% · $139.595M	Unavailable	100% · $192.127M
FY 2023 Q3	24.58% · $45.53M	Unavailable	Unavailable	75.42% · $139.724M	Unavailable	100% · $185.254M
FY 2023 Q4	25.84% · $48.648M	0% · $0M	Unavailable	74.16% · $139.603M	Unavailable	100% · $188.251M
FY 2024 Q1	19.13% · $33.168M	Unavailable	Unavailable	80.87% · $140.212M	Unavailable	100% · $173.38M
FY 2024 Q2	20.51% · $37.157M	Unavailable	Unavailable	79.49% · $144.034M	Unavailable	100% · $181.191M
FY 2024 Q3	21.1% · $38.544M	Unavailable	Unavailable	78.9% · $144.127M	Unavailable	100% · $182.671M
FY 2024 Q4	37.04% · $84.702M	Unavailable	Unavailable	62.96% · $143.982M	Unavailable	100% · $228.684M
FY 2025 Q1	21.7% · $40.062M	Unavailable	Unavailable	78.3% · $144.566M	Unavailable	100% · $184.628M
FY 2025 Q2	20.87% · $45.676M	Unavailable	Unavailable	79.13% · $173.182M	Unavailable	100% · $218.858M
FY 2025 Q3	25.9% · $60.535M	Unavailable	Unavailable	74.1% · $173.171M	Unavailable	100% · $233.706M
FY 2025 Q4	41.79% · $124.173M	Unavailable	Unavailable	58.21% · $172.966M	Unavailable	100% · $297.139M
FY 2026 Q1	27.73% · $66.617M	Unavailable	Unavailable	72.27% · $173.637M	Unavailable	100% · $240.254M
FY 2026 Q2	38.7% · $127.778M	Unavailable	Unavailable	61.3% · $202.408M	Unavailable	100% · $330.186M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Garmin.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue: Reported revenue from company filings.
Free cash flow: Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin: Reported net income / revenue × 100.
P/E: Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC: NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation: Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.

Reported revenue and sources

Garmin financials