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Garmin GRMN Other — Income Tax Paid Foreign After Refund Received

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Other financials

Income statement

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Revenue$1.8B+14.2%
Gross profit$1.0B+17.8%
Operating income$431.7M+29.7%
Net income$405.1M+21.7%
EPS (diluted)$2.09+21.5%

Balance sheet

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Cash & equivalents$2.3B+5.3%
Total debt$167.6M+19.5%
Total equity$9.3B+13.3%
Total assets$11.0B+11.9%

Cash flow

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Operating cash flow$536.0M+27.4%
CapEx$66.6M+66.3%
Free cash flow$469.4M+23.3%

Valuation

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Market cap$45.17B+6.9%
Enterprise value$43.04B+7.0%
P/E26×-2.8×
P/S6.1×-0.5×

Profitability

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Gross margin59.1%+0.6pp
Operating margin26.5%+1.2pp
Net margin23.3%+0.5pp
FCF margin19.4%+0.6pp

Returns & leverage

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Return on equity19.9%+0.9pp
Debt / equity0.0×
Current ratio4.4×+0.3×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxPaidForeignAfterRefundReceived.

The official record: Garmin’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Garmin's other — income tax paid foreign after refund received?
Garmin (GRMN) reported other — income tax paid foreign after refund received of $14.24M in Q4 2025.
How has Garmin's other — income tax paid foreign after refund received changed year-over-year?
Garmin's other — income tax paid foreign after refund received increased by 88.1% year-over-year, from $7.57M to $14.24M.
What does other — income tax paid foreign after refund received mean?
The net amount of cash paid for income taxes in foreign countries after accounting for any refunds received.
How do you interpret other — income tax paid foreign after refund received?
An increase suggests higher foreign tax liabilities or reduced refund recoveries, potentially indicating changes in international profitability or tax regulatory environments. A decrease may signal lower foreign earnings, increased tax efficiency, or the receipt of significant tax refunds.
How does other — income tax paid foreign after refund received compare across companies?
Comparable to 'Cash Taxes Paid' or 'Net Income Taxes Paid' in international segment reporting for multinational hardware and technology firms.