GARMIN LTD
About GARMIN LTD
Garmin produces GPS-enabled hardware and software for five sectors: fitness, outdoors, automotive, aviation, and marine. Garmin has built a strong reputation for durable, high-precision devices through a vertically integrated design and manufacturing approach. The company's product lines include smartwatches, fitness trackers, communication equipment, and a comprehensive suite of systems for marine and aviation navigation. Garmin operates globally, with its business focused primarily on North America and Europe.
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Financial summary
- Revenue FY2025
- $7.2B
- Net income
- $1.7B
- Total assets
- $11.0B
- Market cap
- $45.6B
- Gross margin
- 58.7%
- Operating margin
- 25.9%
- Net margin
- 23.0%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $7.2B
- Cost of revenue
- $3.0B
- Gross profit
- $4.3B
- Operating expenses
- $2.4B
- Operating income
- $1.9B
- Income tax
- $350.6M
- Net income
- $1.7B
- EPS (basic)
- $8.65
- EPS (diluted)
- $8.59
Balance sheet
- Total assets
- $11.0B
- Current assets
- $6.2B
- Total liabilities
- $2.0B
- Current liabilities
- $1.7B
- Shareholders’ equity
- $9.0B
Cash flow
- Operating cash flow
- $1.6B
- Investing cash flow
- -$645.2M
- Financing cash flow
- -$844.1M
- Net cash flow
- $144.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $45.6B
- P/E ratio
- 27.4
- EPS (diluted)
- $8.59
- Dividend yield
- 1.79%
- Shares outstanding
- 194.0M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Dec 8, 2000
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $1.7B in FY2025.
- Revenue grew 73% from FY2020 to FY2025.
- Gross margin of 58.7%, net margin 23.0%.
- Trading 12% below its 52-week high.
- Pays a dividend yielding about 1.79% annually.
- Valued at a price-to-earnings (P/E) ratio of 27.4.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about GARMIN LTD
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