Garmin GRMN Marine — 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 official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Garmin's marine — research and development expense?
- Garmin (GRMN) reported marine — research and development expense of $48.95M in Q1 2026.
- How has Garmin's marine — research and development expense changed year-over-year?
- Garmin's marine — research and development expense increased by 11.3% year-over-year, from $43.99M to $48.95M.
- What is the long-term trend for Garmin's marine — research and development expense?
- Over 3 years (2022 to 2025), Garmin's marine — research and development expense has grown at a 16.4% compound annual growth rate (CAGR), from $118.98M to $187.61M.
- What does marine — research and development expense mean?
- The amount spent on developing new marine products and improving existing technologies.
- How do you interpret marine — research and development expense?
- Increasing investment suggests a focus on long-term growth and product differentiation, whereas significant decreases may signal reduced innovation capacity.
- How does marine — research and development expense compare across companies?
- Standard R&D expense; comparable to technology and specialized hardware companies investing in product roadmaps.