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Garmin GRMN Fitness — Research And Development Expense
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Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
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
| 13-Weeks Ended June 27, 2026 | Fitness | Outdoor | Aviation | Marine | Auto OEM | Total |
|---|---|---|---|---|---|---|
| Net sales | $756,823 | $482,740 | $268,749 | $341,369 | $172,411 | $2,022,092 |
| Cost of goods sold | 276,100 | 150,421 | 66,778 | 132,405 | 134,366 | 760,070 |
| Gross profit | 480,723 | 332,319 | 201,971 | 208,964 | 38,045 | 1,262,022 |
| Research and development expense | 64,361 | 74,198 | 91,290 | 51,089 | 23,002 | 303,940 |
| Selling, general and administrative expenses | 139,323 | 94,538 | 38,515 | 58,027 | 12,171 | 342,574 |
| Operating income (loss) | $277,039 | $163,583 | $72,166 | $99,848 | $2,872 | $615,508 |
| 13-Weeks Ended June 28, 2025 | ||||||
| Net sales | $605,425 | $490,357 | $249,366 | $299,262 | $170,154 | $1,814,564 |
Item 1 - Condensed Consolidated Financial Statements
FAQ
- What is Garmin's fitness — research and development expense?
- Garmin (GRMN) reported fitness — research and development expense of $64.36M in Q2 2026.
- How has Garmin's fitness — research and development expense changed year-over-year?
- Garmin's fitness — research and development expense increased by 22.1% year-over-year, from $52.7M to $64.36M.
- What is the long-term trend for Garmin's fitness — research and development expense?
- Over 3 years (2022 to 2025), Garmin's fitness — research and development expense has grown at a 13.0% compound annual growth rate (CAGR), from $150.52M to $216.96M.
- What does fitness — research and development expense mean?
- This represents the investment in designing, developing, and testing new fitness hardware and software features. It includes salaries for engineers, prototyping costs, and investments in proprietary mapping or tracking technologies. This spending is critical for maintaining a competitive edge in the rapidly evolving wearable technology market.
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