Screener
Garmin GRMN US — Effective Income Tax Rate Reconciliation Tax Credits Research
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationTaxCreditsResearch.
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 | Fiscal Year Ended / December 27, 2025 / Amount | Fiscal Year Ended / December 27, 2025 / Percent | Fiscal Year Ended / December 28, 2024 / Amount | Fiscal Year Ended / December 28, 2024 / Percent | Fiscal Year Ended / December 30, 2023 / Amount | Fiscal Year Ended / December 30, 2023 / Percent |
|---|---|---|---|---|---|---|
| United States | ||||||
| Statutory tax rate difference between the U.S. and Switzerland | 31,673 | 1.6% | 18,133 | 1.1% | (25,808) | -2.1% |
| State income taxes | (5,047) | -0.3% | (6,248) | -0.4% | (21,619) | -1.8% |
| Research and development tax credits | (34,507) | -1.7% | (38,227) | -2.3% | (31,849) | -2.7% |
| Foreign Derived Intangible Income deduction | - | 0.0% | (13,751) | -0.8% | (6,432) | -0.5% |
| Stock compensation | (14,149) | -0.7% | (9,252) | -0.5% | (1,101) | -0.1% |
| Other | 2,408 | 0.1% | 5,171 | 0.3% | 4,979 | 0.4% |
| Taiwan |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Garmin's US — effective income tax rate reconciliation tax credits research?
- Garmin (GRMN) reported US — effective income tax rate reconciliation tax credits research of -0.4% in Q4 2025.
- How has Garmin's US — effective income tax rate reconciliation tax credits research changed year-over-year?
- Garmin's US — effective income tax rate reconciliation tax credits research increased by 26.1% year-over-year, from -0.6% to -0.4%.
- What is the long-term trend for Garmin's US — effective income tax rate reconciliation tax credits research?
- Over 2 years (2023 to 2025), Garmin's US — effective income tax rate reconciliation tax credits research has grown at a -20.7% compound annual growth rate (CAGR), from -2.7% to -1.7%.
- What does US — effective income tax rate reconciliation tax credits research mean?
- This metric measures the percentage point reduction in the US segment's effective tax rate attributable to research and development tax credits. It highlights the efficacy of R&D tax incentives in optimizing the company's tax position.
Ask your AI about Garmin's us — effective income tax rate reconciliation tax credits research.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude