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Garmin GRMN Investment Purchases

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Other financials

Income statement

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Revenue$1.8B+14.2%
Gross profit$1.0B+17.8%
Operating income$431.7M+29.7%
Net income$405.1M+21.7%
EPS (diluted)$2.09+21.5%

Balance sheet

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Cash & equivalents$2.3B+5.3%
Total debt$167.6M+19.5%
Total equity$9.3B+13.3%
Total assets$11.0B+11.9%

Cash flow

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Operating cash flow$536.0M+27.4%
CapEx$66.6M+66.3%
Free cash flow$469.4M+23.3%

Valuation

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Market cap$45.17B+6.9%
Enterprise value$43.04B+7.0%
P/E26×-2.8×
P/S6.1×-0.5×

Profitability

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Gross margin59.1%+0.6pp
Operating margin26.5%+1.2pp
Net margin23.3%+0.5pp
FCF margin19.4%+0.6pp

Returns & leverage

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Return on equity19.9%+0.9pp
Debt / equity0.0×
Current ratio4.4×+0.3×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt.

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 investment purchases?
Garmin (GRMN) reported investment purchases of $333.34M in Q1 2026.
How has Garmin's investment purchases changed year-over-year?
Garmin's investment purchases increased by 85.4% year-over-year, from $179.83M to $333.34M.
What is the long-term trend for Garmin's investment purchases?
Over 4 years (2021 to 2025), Garmin's investment purchases has grown at a -13.6% compound annual growth rate (CAGR), from $1.51B to $839.85M.
What does investment purchases mean?
Cash spent on acquiring financial assets or marketable securities.
How do you interpret investment purchases?
High spending indicates a strategy of deploying excess cash into financial markets rather than immediate operational reinvestment.
How does investment purchases compare across companies?
Commonly seen in companies with large cash reserves and conservative treasury management.