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Garmin GRMN Auto — Goodwill Adjustments
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Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:GoodwillTranslationAndPurchaseAccountingAdjustments.
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 adjustments?
- Garmin (GRMN) reported auto — goodwill adjustments of $0 in Q4 2025.
- What is the long-term trend for Garmin's auto — goodwill adjustments?
- Over 4 years (2021 to 2025), Garmin's auto — goodwill adjustments has grown at a -100.0% compound annual growth rate (CAGR), from -$1.59M to $0.
- What does auto — goodwill adjustments mean?
- Captures changes in the carrying value of automotive segment goodwill due to foreign currency exchange rate fluctuations or final purchase price allocation adjustments. This ensures the segment's intangible assets accurately reflect current valuation standards and currency impacts.
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