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Garmin GRMN Marine — 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 marine — goodwill acquired?
- Garmin (GRMN) reported marine — goodwill acquired of $634.75K in Q4 2025.
- How has Garmin's marine — goodwill acquired changed year-over-year?
- Garmin's marine — goodwill acquired decreased by 79.3% year-over-year, from $3.07M to $634.75K.
- What is the long-term trend for Garmin's marine — goodwill acquired?
- Over 3 years (2022 to 2025), Garmin's marine — goodwill acquired has grown at a -29.8% compound annual growth rate (CAGR), from $7.34M to $2.54M.
- What does marine — goodwill acquired mean?
- This tracks the specific amount of goodwill added to the marine segment's balance sheet during the current reporting period due to new business acquisitions. It quantifies the inorganic growth investment made within the marine vertical.
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