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Garmin GRMN US — Income Tax Reconciliation Tax Credits Research
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Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxReconciliationTaxCreditsResearch.
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 — income tax reconciliation tax credits research?
- Garmin (GRMN) reported US — income tax reconciliation tax credits research of $8.63M in Q4 2025.
- How has Garmin's US — income tax reconciliation tax credits research changed year-over-year?
- Garmin's US — income tax reconciliation tax credits research decreased by 9.7% year-over-year, from $9.56M to $8.63M.
- What is the long-term trend for Garmin's US — income tax reconciliation tax credits research?
- Over 2 years (2023 to 2025), Garmin's US — income tax reconciliation tax credits research has grown at a 4.1% compound annual growth rate (CAGR), from $31.85M to $34.51M.
- What does US — income tax reconciliation tax credits research mean?
- This metric quantifies the dollar value of research and development tax credits applied to reduce the US segment's income tax provision. It serves as a proxy for the company's investment in innovation and R&D activities eligible for government incentives.
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