Garmin GRMN Operating Lease Liabilities
Operating Lease Liabilities at other companies
Other financials
Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.
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 operating lease liabilities?
- Garmin (GRMN) reported operating lease liabilities of $167.61M in Q1 2026.
- How has Garmin's operating lease liabilities changed year-over-year?
- Garmin's operating lease liabilities increased by 19.5% year-over-year, from $140.24M to $167.61M.
- What is the long-term trend for Garmin's operating lease liabilities?
- Over 5 years (2020 to 2025), Garmin's operating lease liabilities has grown at a 16.8% compound annual growth rate (CAGR), from $75.96M to $164.84M.
- What does operating lease liabilities mean?
- The long-term financial obligation for leased assets that extend beyond one year.
- How do you interpret operating lease liabilities?
- An increase reflects expansion of physical footprint or long-term commitments, while a decrease indicates lease expirations or downsizing.
- How does operating lease liabilities compare across companies?
- Standardized under modern lease accounting standards (ASC 842) for all companies with significant real estate footprints.