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Garmin GRMN Marine — Cost of Goods Sold
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Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
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 marine — cost of goods sold?
- Garmin (GRMN) reported marine — cost of goods sold of $132.41M in Q2 2026.
- How has Garmin's marine — cost of goods sold changed year-over-year?
- Garmin's marine — cost of goods sold decreased by 1.9% year-over-year, from $134.92M to $132.41M.
- What is the long-term trend for Garmin's marine — cost of goods sold?
- Over 3 years (2022 to 2025), Garmin's marine — cost of goods sold has grown at a 8.9% compound annual growth rate (CAGR), from $412.53M to $532.71M.
- What does marine — cost of goods sold mean?
- This metric captures the direct costs attributable to the production of marine hardware and the delivery of associated digital services. It includes raw materials, direct labor, and manufacturing overhead required to bring marine products to market.
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