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Garmin GRMN Operating Lease ROU Assets
Operating Lease ROU Assets at other companies
Other financials
Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.
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
| Line item | June 27,2026 | December 27,2025 |
|---|---|---|
| Prepaid expenses and other current assets | 509,473 | 467,558 |
| Total current assets | 6,308,612 | 6,248,216 |
| Property and equipment, net of accumulated depreciation of $1,360,259 and $1,292,250 | 1,454,228 | 1,375,348 |
| Operating lease right-of-use assets | 212,297 | 196,183 |
| Noncurrent marketable securities | 1,703,680 | 1,396,929 |
| Deferred income tax assets | 717,795 | 718,094 |
| Noncurrent deferred costs | 3,930 | 4,373 |
| Goodwill | 748,474 | 760,241 |
Item 1 - Condensed Consolidated Financial Statements
FAQ
- What is Garmin's operating lease ROU assets?
- Garmin (GRMN) reported operating lease ROU assets of $212.3M in Q2 2026.
- How has Garmin's operating lease ROU assets changed year-over-year?
- Garmin's operating lease ROU assets increased by 18.4% year-over-year, from $179.3M to $212.3M.
- What is the long-term trend for Garmin's operating lease ROU assets?
- Over 5 years (2020 to 2025), Garmin's operating lease ROU assets has grown at a 15.7% compound annual growth rate (CAGR), from $94.63M to $196.18M.
- What does operating lease ROU assets mean?
- Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.
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