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Garmin GRMN Other Income (Expense)

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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$58.35B+31.7%
Enterprise value$56.19B+32.6%
P/E31.1×+2.8×
P/S7.6×+1.1×

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:NonoperatingIncomeExpense.

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
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
Income tax provision109,14179,429176,591135,737
Net income$$$541,920400,822$$$946,999733,591
Net income per share:

Item 1 - Condensed Consolidated Financial Statements

FAQ

What is Garmin's other income (expense)?
Garmin (GRMN) reported other income (expense) of $35.55M in Q2 2026.
How has Garmin's other income (expense) changed year-over-year?
Garmin's other income (expense) increased by 346.9% year-over-year, from $7.96M to $35.55M.
What is the long-term trend for Garmin's other income (expense)?
Over 4 years (2021 to 2025), Garmin's other income (expense) has grown at a 85.0% compound annual growth rate (CAGR), from -$11.82M to $138.46M.
What does other income (expense) mean?
Net total of all non-operating income and expenses not classified in specific line items — a catch-all for miscellaneous financial items.

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