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Garmin GRMN Payments to Acquire Property, Plant, and Equipment

Payments to Acquire Property, Plant, and Equipment at other companies

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$41.4M-7.8%
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PolarisPII

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$59.96B+36.0%
Enterprise value$57.8B+37.1%
P/E31.9×+3.8×
P/S7.8×+1.3×

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:PaymentsToAcquirePropertyPlantAndEquipment.

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 item26-Weeks Ended / June 27,202626-Weeks Ended / June 28,2025
Income taxes(27,750)(24,820)
Net cash provided by operating activities939,544593,959
Investing activities:
Purchases of property and equipment(194,395)(85,738)
Purchase of marketable securities(510,525)(465,372)
Redemption of marketable securities311,308306,469
Net payments for acquisitions(2,993)(1,973)
Other investing activities, net(68)503

Item 1 - Condensed Consolidated Financial Statements

FAQ

What is Garmin's payments to acquire property, plant, and equipment?
Garmin (GRMN) reported payments to acquire property, plant, and equipment of $127.78M in Q2 2026.
How has Garmin's payments to acquire property, plant, and equipment changed year-over-year?
Garmin's payments to acquire property, plant, and equipment increased by 179.7% year-over-year, from $45.68M to $127.78M.
What is the long-term trend for Garmin's payments to acquire property, plant, and equipment?
Over 4 years (2021 to 2025), Garmin's payments to acquire property, plant, and equipment has grown at a -3.2% compound annual growth rate (CAGR), from $307.65M to $270.45M.

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