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Garmin GRMN Interest Income

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Other financials

Income statement

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Revenue$2.0B+11.4%
Gross profit$1.3B+18.3%
Operating income$615.5M+30.3%
Net income$541.9M+35.2%
EPS (diluted)$2.80+35.3%

Balance sheet

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Cash & equivalents$2.3B+12.6%
Total debt$178.0M+19.7%
Total equity$9.0B+11.1%
Total assets$11.4B+10.7%

Cash flow

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Operating cash flow$403.6M+133%
CapEx$127.8M+180%
Free cash flow$275.8M+116%

Valuation

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Market cap$58.22B+31.4%
Enterprise value$56.06B+32.3%
P/E31×+2.8×
P/S7.6×+1.0×

Profitability

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Gross margin60.1%+1.1pp
Operating margin27.6%+1.6pp
Net margin24.5%+1.3pp
FCF margin20.9%+4.2pp

Returns & leverage

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Return on equity21.9%+1.2pp
Debt / equity0.0×
Current ratio0.0×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeOther.

The source filing: Garmin’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 7:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-322114
Total operating expense646,514594,7171,257,1371,146,438
Operating income615,508472,2951,047,173805,119
Other income (expense):
Interest income38,17331,72474,14762,231
Foreign currency (losses) gains(2,492)(23,512)6301,248
Other (expense) income(128)(256)1,640730
Total other income (expense)35,5537,95676,41764,209
Income before income taxes651,061480,2511,123,590869,328

Item 1 - Condensed Consolidated Financial Statements

FAQ

What is Garmin's interest income?
Garmin (GRMN) reported interest income of $38.17M in Q2 2026.
How has Garmin's interest income changed year-over-year?
Garmin's interest income increased by 20.3% year-over-year, from $31.72M to $38.17M.
What is the long-term trend for Garmin's interest income?
Over 4 years (2021 to 2025), Garmin's interest income has grown at a 45.7% compound annual growth rate (CAGR), from $28.57M to $128.87M.
What does interest income mean?
Income earned from interest-bearing assets including cash deposits, money market funds, treasury securities, corporate bonds, and customer financing receivables.

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