Garmin GRMN Income Tax
Income Tax at other companies
Other financials
Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.
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 income tax?
- Garmin (GRMN) reported income tax of $67.45M in Q1 2026.
- How has Garmin's income tax changed year-over-year?
- Garmin's income tax increased by 19.8% year-over-year, from $56.31M to $67.45M.
- What is the long-term trend for Garmin's income tax?
- Over 4 years (2021 to 2025), Garmin's income tax has grown at a 33.9% compound annual growth rate (CAGR), from $109.06M to $350.65M.
- What does income tax mean?
- The total amount of tax a company is required to pay on its earnings for the period.
- How do you interpret income tax?
- A rising tax expense relative to pre-tax income may indicate changes in tax legislation or a shift in the geographic mix of earnings toward higher-tax jurisdictions.
- How does income tax compare across companies?
- Typically benchmarked against the statutory tax rate of the company's primary operating jurisdictions.