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Garmin GRMN Fitness — Goodwill Acquired
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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 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 fitness — goodwill acquired?
- Garmin (GRMN) reported fitness — goodwill acquired of $29.25M in Q4 2025.
- What does fitness — goodwill acquired mean?
- This tracks the specific amount of goodwill added to the balance sheet during the current reporting period due to new business acquisitions. It highlights the company's inorganic growth strategy and capital allocation toward expanding its fitness ecosystem. It provides insight into the scale and frequency of M&A activity.
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