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CapEx at other companies

Raytheon Technologies logo
Raytheon TechnologiesRTX
$546M+6.4%
Apple logo
AppleAAPL
$1.97B-35.8%
Honeywell International logo
Honeywell InternationalHON
$223M+17.4%
Teledyne Technologies logo
Teledyne TechnologiesTDY
$29.7M+65.0%
Nike logo
NikeNKE
$146M+80.2%
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$1.8B+14.2%
Gross profit$1.0B+17.8%
Operating income$431.7M+29.7%
Net income$405.1M+21.7%
EPS (diluted)$2.09+21.5%

Balance sheet

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Cash & equivalents$2.3B+5.3%
Total debt$167.6M+19.5%
Total equity$9.3B+13.3%
Total assets$11.0B+11.9%

Cash flow

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Operating cash flow$536.0M+27.4%
Free cash flow$469.4M+23.3%

Valuation

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Market cap$45.17B+6.9%
Enterprise value$43.04B+7.0%
P/E26×-2.8×
P/S6.1×-0.5×

Profitability

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Gross margin59.1%+0.6pp
Operating margin26.5%+1.2pp
Net margin23.3%+0.5pp
FCF margin19.4%+0.6pp

Returns & leverage

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Return on equity19.9%+0.9pp
Debt / equity0.0×
Current ratio4.4×+0.3×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Garmin's capex?
Garmin (GRMN) reported capex of $66.62M in Q1 2026.
How has Garmin's capex changed year-over-year?
Garmin's capex increased by 66.3% year-over-year, from $40.06M to $66.62M.
What is the long-term trend for Garmin's capex?
Over 4 years (2021 to 2025), Garmin's capex has grown at a -3.2% compound annual growth rate (CAGR), from $307.65M to $270.45M.
What does capex mean?
Cash spent on buying or maintaining long-term assets like buildings and machinery.
How do you interpret capex?
High levels indicate aggressive investment in future capacity, while low levels may suggest maintenance-only spending or capital efficiency.
How does capex compare across companies?
Standard metric for assessing capital intensity across manufacturing and technology sectors.