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GRMN: financial statements from SEC — TradeAlmanac

GRMN

Garmin Ltd. Common Stock (Switzerland): financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024
Revenue	7.25B	6.30B
Cost of revenue	2.99B	2.60B
Gross profit	4.26B	3.70B
Research and development	1.13B	994M
Selling, general and administrative	1.25B	1.11B
Operating expenses	2.38B	2.10B
Operating income	1.88B	1.59B
Pre-tax income	2.01B	1.70B
Income tax	351M	284M
Net income	1.66B	1.41B
Earnings per share	8.65	7.35
Earnings per share, diluted	8.59	7.30

Balance sheet

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	2.29B	2.28B	2.07B	2.07B	2.18B	2.08B	2.01B	1.94B
Receivables	941M	1.25B	956M

Cash flow

Metric	31/12/2025	31/12/2024
Operating cash flow	1.63B	1.43B
Depreciation and amortisation	153M	140M
Share-based compensation	166M	137M
Capital expenditure	270M	194M
Investing cash flow	−645M	−393M
Dividends paid	664M

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator