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Garmin GRMN Auto — Goodwill
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Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The source filing: Garmin’s 10-K, filed February 18, 2026.
- Filed
- Feb 18, 2026, 7:01 AM EST
- Fiscal year
- FY2025
- Accession
- 0001193125-26-056028
| Line item | Fitness | Outdoor | Aviation | Marine | Auto OEM | Total |
|---|---|---|---|---|---|---|
| Goodwill balance as of December 30, 2023 | $250,380 | $179,744 | $60,347 | $118,003 | — | $608,474 |
| Acquisitions | — | — | — | 12,281 | — | 12,281 |
| Foreign currency translation and other adjustments | (11,417) | (2,747) | — | (2,644) | — | (16,808) |
| Goodwill balance as of December 28, 2024 | $238,963 | $176,997 | $60,347 | $127,640 | — | $603,947 |
| Acquisitions | 117,003 | — | — | 2,539 | — | 119,542 |
| Foreign currency translation and other adjustments | 26,449 | 5,956 | — | 4,347 | — | 36,752 |
| Goodwill balance as of December 27, 2025 | $382,415 | $182,953 | $60,347 | $134,526 | — | $760,241 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Garmin's auto — goodwill?
- Garmin (GRMN) reported auto — goodwill of $0 in Q4 2025.
- What does auto — goodwill mean?
- Represents the total carrying value of goodwill specifically allocated to the automotive business segment. This asset arises when the cost of an acquired business exceeds the fair value of its identifiable net assets, reflecting the premium paid for brand reputation, customer lists, or proprietary technology within the auto sector.
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