GRMN
Garmin Ltd.
NYSE · CHTechnologyHardware, Equipment & Parts
$244.75-1.93%
Price as of Jul 20, 2026
GRMN financials
Garmin Ltd. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $7.2B | $6.3B | $5.2B | $4.9B |
| Cost of revenue | $3.0B | $2.6B | $2.2B | $2.1B |
| Gross profit | $4.3B | $3.7B | $3.0B | $2.8B |
| Operating expenses | $2.4B | $2.1B | $1.9B | $1.8B |
| Operating income | $1.9B | $1.6B | $1.1B | $1.0B |
| Net income | $1.7B | $1.4B | $1.3B | $973.6M |
| EBITDA | $2.2B | $1.9B | $1.4B | $1.2B |
| Basic EPS | $8.65 | $7.35 | $6.74 | $5.06 |
| Diluted EPS | $8.59 | $7.30 | $6.71 | $5.04 |
| Balance sheet | ||||
| Cash & equivalents | $2.3B | $2.1B | $1.7B | $1.3B |
| Total assets | $11.0B | $9.6B | $8.6B | $7.7B |
| Total liabilities | $2.0B | $1.8B | $1.6B | $1.5B |
| Stockholders’ equity | $9.0B | $7.8B | $7.0B | $6.2B |
| Total debt | $196.0M | $162.8M | $113.0M | $114.5M |
| Net debt | -$2.1B | -$1.9B | -$1.6B | -$1.2B |
| Cash flow | ||||
| Operating cash flow | $1.6B | $1.4B | $1.4B | $788.3M |
| Capital expenditure | -$270.4M | -$193.6M | -$195.0M | -$246.2M |
| Free cash flow | $1.4B | $1.2B | $1.2B | $542.1M |
| Dividends paid | -$663.9M | -$572.4M | -$558.8M | -$679.1M |
| Share repurchases | -$238.2M | -$62.3M | -$99.0M | -$223.7M |