Companies / Consumer Discretionary
GRMN
Garmin
Consumer Electronics
Consumer ElectronicsAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health80
Growth74
Profitability83
Cash generation71
Balance sheet100
Dilution control73
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-26)12.2%Revenue growth (FY)15.1%Revenue CAGR (3y)14.2%Gross margin58.7%Operating margin25.9%Net margin23.0%Free cash flow margin18.8%R&D / revenue15.5%Stock comp / revenue2.3%Net debt / operating cash flow—Current ratio3.63Diluted share count change0.2%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.9B | $5.2B | $6.3B | $7.2B |
| Gross profit | $2.9B | $2.8B | $3.0B | $3.7B | $4.3B |
| Operating income | $1.2B | $1.0B | $1.1B | $1.6B | $1.9B |
| Net income | $1.1B | $974M | $1.3B | $1.4B | $1.7B |
| Operating cash flow | $1.0B | $788M | $1.4B | $1.4B | $1.6B |
| Capital expenditure | $308M | $244M | $194M | $194M | $270M |
| Free cash flow | $705M | $544M | $1.2B | $1.2B | $1.4B |
| R&D | $779M | $835M | $905M | $994M | $1.1B |
| Stock-based comp | $93M | $77M | $101M | $137M | $166M |
| Dividends | $491M | $679M | $559M | $572M | $664M |
| Cash | $1.5B | $1.3B | $1.7B | $2.1B | $2.3B |
| Equity | $6.1B | $6.2B | $7.0B | $7.8B | $9.0B |
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