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Garmin GRMN Payment For Purchase Of Treasury Stock Under Share Repurchase Plan

Payment For Purchase Of Treasury Stock Under Share Repurchase Plan at other companies

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Other financials

Income statement

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Revenue$2.0B+11.4%
Gross profit$1.3B+18.3%
Operating income$615.5M+30.3%
Net income$541.9M+35.2%
EPS (diluted)$2.80+35.3%

Balance sheet

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Cash & equivalents$2.3B+12.6%
Total debt$178.0M+19.7%
Total equity$9.0B+11.1%
Total assets$11.4B+10.7%

Cash flow

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Operating cash flow$403.6M+133%
CapEx$127.8M+180%
Free cash flow$275.8M+116%

Valuation

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Market cap$58.22B+31.4%
Enterprise value$56.06B+32.3%
P/E31×+2.8×
P/S7.6×+1.0×

Profitability

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Gross margin60.1%+1.1pp
Operating margin27.6%+1.6pp
Net margin24.5%+1.3pp
FCF margin20.9%+4.2pp

Returns & leverage

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Return on equity21.9%+1.2pp
Debt / equity0.0×
Current ratio0.0×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept grmn:PaymentForPurchaseOfTreasuryStockUnderShareRepurchasePlan.

The source filing: Garmin’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 7:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-322114
Line item26-Weeks Ended / June 27,202626-Weeks Ended / June 28,2025
Dividends(376,045)(317,748)
Proceeds from issuance of treasury shares related to equity awards31,44229,065
Purchase of treasury shares related to equity awards(47,063)(33,431)
Purchase of treasury shares under share repurchase plan(81,581)(93,632)
Net cash used in financing activities(473,247)(415,746)
Effect of exchange rate changes on cash and cash equivalents(14,014)60,650
Net increase (decrease) in cash, cash equivalents, and restricted cash55,610(7,248)
Cash, cash equivalents, and restricted cash at beginning of period2,279,3602,080,154

Item 1 - Condensed Consolidated Financial Statements

FAQ

What is Garmin's payment for purchase of treasury stock under share repurchase plan?
Garmin (GRMN) reported payment for purchase of treasury stock under share repurchase plan of $42M in Q2 2026.
How has Garmin's payment for purchase of treasury stock under share repurchase plan changed year-over-year?
Garmin's payment for purchase of treasury stock under share repurchase plan decreased by 36.9% year-over-year, from $66.53M to $42M.
What is the long-term trend for Garmin's payment for purchase of treasury stock under share repurchase plan?
Over 3 years (2022 to 2025), Garmin's payment for purchase of treasury stock under share repurchase plan has grown at a -3.4% compound annual growth rate (CAGR), from $201.01M to $181.01M.
What does payment for purchase of treasury stock under share repurchase plan mean?
This metric tracks cash outflows used for discretionary share repurchases under a formal board-authorized buyback program. It is a primary tool for returning excess capital to shareholders and managing earnings per share.

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