SEC Tracker
Get the app
GRMN · XBRL financial data

Garmin financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

Download Excel Download CSV
How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal quarters (GRMN's year ends in late December)

In millions of dollarsDec 30, 2023Mar 30, 2024Jun 29, 2024Sep 28, 2024Dec 28, 2024Mar 29, 2025Jun 28, 2025Sep 27, 2025Dec 27, 2025Mar 28, 2026Jun 27, 2026Sep 26, 2026
Revenue from contracts with customers1,483*1,3821,5071,5861,823*1,5351,8151,7712,125*1,7532,0221,986
Cost of goods and services sold618*580644634743*651748724867*711760728
Gross profit864*8028639521,080*8851,0671,0461,258*1,0421,2621,258
Research and development237*243243249259*268277286295*296304313
Selling, general and administrative225*261278265305*284318303349*315343333
Total operating expenses524*504521514564*552595590644*611647646
Operating income (loss)340*298342437516*333472457614*432616612
Other income (expense)0*1(1)26*1(0)10*2(0)3
Income tax expense (benefit)1251658780*5679108107*67109119
Net income (loss)542*276301399436*333401402529*405542542
Earnings per share, basic USD per share—1.441.572.082.27*1.732.082.092.75*2.102.812.81
Earnings per share, diluted USD per share—1.431.562.072.24*1.722.072.082.73*2.092.802.80
Weighted average shares, basic millions of shares—192192192192*193193192192*193193193
Weighted average shares, diluted millions of shares—193193193194*194193194194*194193194

Balance sheet

CSV

Fiscal quarters (GRMN's year ends in late December)

In millions of dollarsDec 30, 2023Mar 30, 2024Jun 29, 2024Sep 28, 2024Dec 28, 2024Mar 29, 2025Jun 28, 2025Sep 27, 2025Dec 27, 2025Mar 28, 2026Jun 27, 2026Sep 26, 2026
Cash and cash equivalents1,6931,9221,9372,0092,0792,1762,0722,0732,2792,2902,3342,040
Marketable securities275275289415421499515467459411332300
Marketable securities, non-current1,1251,1341,1921,1071,1981,2261,2861,3771,3971,6121,7041,727
Accounts receivable8156958089229837871,0119561,2539411,1531,137
Inventory1,3461,3021,3201,5061,4741,5821,7881,8881,7721,8501,9662,252
Prepaid and other current assets319306322334354381415410468490509743
Total current assets4,4644,5174,6975,2105,3365,4455,8195,8116,2485,9976,3096,484
Property and equipment, net1,2241,2061,2061,2201,2371,2331,2911,2961,3751,3841,4541,496
Right-of-use asset144136130138165171179188196203212208
Goodwill608602600612604617641757760751748979
Total assets8,6048,6348,8839,3489,6319,78810,32410,52310,99410,95211,42411,994
Accounts payable254243332374359345397378347345401501
Total current liabilities1,3111,1171,6241,5791,5081,3301,9321,7521,7201,3752,0832,128
Lease liability, non-current113106102110135140149156165168178173
Retained earnings5,2645,4405,1645,5645,9996,3326,0406,4426,9707,3757,1077,649
Total stockholders' equity7,0127,2467,0057,5077,8488,1798,1258,4788,9739,2719,0299,550
Total liabilities and equity8,6048,6348,8839,3489,6319,78810,32410,52310,99410,95211,42411,994
Common shares outstanding (cover page) millions of shares192192192192192193192192192193193193

Cash flows

CSV

Fiscal quarters (GRMN's year ends in late December)

In millions of dollarsDec 30, 2023Mar 30, 2024Jun 29, 2024Sep 28, 2024Dec 28, 2024Mar 29, 2025Jun 28, 2025Sep 27, 2025Dec 27, 2025Mar 28, 2026Jun 27, 2026Sep 26, 2026
Net income (loss)542*276301399436*333401402529*405542542
Stock-based compensation35*3135*35*36*3845*43*41*4345*45*
Net cash from operating activities466*435255*258*484*421173*486*554*536404*394*
Purchases of property and equipment49*3337*39*85*4046*61*124*67128*101*
Net cash from investing activities(65)*(37)(106)*(48)*(203)*(133)(114)*(268)*(131)*(252)(144)*(445)*
Dividends paid140*140144*144*144*145173*173*173*174202*202*
Net cash from financing activities(150)*(156)(129)*(164)*(177)*(205)(211)*(210)*(219)*(260)(213)*(244)*
Net change in cash271*22816*72*70*96(103)*1*206*1144*(294)*

Compare with peers

SIC 3812 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 3812 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
CompanyCash ($M)Revenue, quarter ($M)Operating cash flow, quarter ($M)Shares outstandingQuarter
Garmin2,0401,986394*192.7M 10-QSep 26, 2026
Heico2411,413345*not reported 10-QJul 31, 2026
L3harris Technologies2,4716,0601,439*186.2M 10-QOct 2, 2026
Teledyne Technologies5621,685353*46.0M 10-QSep 27, 2026
AeroVironment2784801350.8M 10-QAug 1, 2026
General Dynamics4,38814,5661,710*270.2M 10-QOct 4, 2026
Northrop Grumman3,74411,1221,745*142.1M 10-QSep 30, 2026
TransDigm Group2,7732,741724*55.3M 10-QJun 27, 2026
Rocket Lab2,129234(84)*598.4M 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.