Skip to content
Screener

Garmin GRMN Aviation — Goodwill Acquired

Other segment segments

Fitness
$117M
Marine
$2.54M-79.3%
Auto
$0
Outdoor
$0

Similar metrics at other companies

PFG
PFGCSpecialty — Goodwill Acquired
$0-100%
DJT
DJTMedia — Goodwill Acquired
$0
AeroVironment logo
AVAVAxs — Goodwill Acquired
$15.2M
AeroVironment logo
AVAVScde — Goodwill Acquired
$70.84M
Janus Living logo
JANFintech — Goodwill Acquired
$1.59M
Ondas, Inc. logo
ONDSOAS — Goodwill Acquired
$56.01M

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$58.35B+31.7%
Enterprise value$56.19B+32.6%
P/E31.1×+2.8×
P/S7.6×+1.1×

Profitability

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

Returns & leverage

See full
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 us-gaap:GoodwillAcquiredDuringPeriod.

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 itemFitnessOutdoorAviationMarineAuto OEMTotal
Goodwill balance as of December 30, 2023$250,380$179,744$60,347$118,003$608,474
Acquisitions12,28112,281
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
Acquisitions117,0032,539119,542
Foreign currency translation and other adjustments26,4495,9564,34736,752
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 aviation — goodwill acquired?
Garmin (GRMN) reported aviation — goodwill acquired of $0 in Q4 2025.
What does aviation — goodwill acquired mean?
This tracks the specific amount of goodwill added to the aviation segment's balance sheet resulting from new acquisitions completed within the current reporting period.

Ask your AI about Garmin's aviation — goodwill acquired.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude