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Garmin GRMN PP&E (Net)

PP&E (Net) at other companies

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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:PropertyPlantAndEquipmentNet.

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 itemJune 27,2026December 27,2025
Deferred costs13,67317,538
Prepaid expenses and other current assets509,473467,558
Total current assets6,308,6126,248,216
Property and equipment, net of accumulated depreciation of $1,360,259 and $1,292,2501,454,2281,375,348
Operating lease right-of-use assets212,297196,183
Noncurrent marketable securities1,703,6801,396,929
Deferred income tax assets717,795718,094
Noncurrent deferred costs3,9304,373

Item 1 - Condensed Consolidated Financial Statements

FAQ

What is Garmin's PP&E (net)?
Garmin (GRMN) reported PP&E (net) of $1.45B in Q2 2026.
How has Garmin's PP&E (net) changed year-over-year?
Garmin's PP&E (net) increased by 12.7% year-over-year, from $1.29B to $1.45B.
What is the long-term trend for Garmin's PP&E (net)?
Over 5 years (2020 to 2025), Garmin's PP&E (net) has grown at a 10.0% compound annual growth rate (CAGR), from $855.54M to $1.38B.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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