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Garmin GRMN Total Liabilities & Equity

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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:LiabilitiesAndStockholdersEquity.

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
Stockholders’ equity:
Common shares, $0.10 par value (194,901 and 194,901 shares authorized and issued; 192,910 and 192,620 shares outstanding)19,49019,490
Additional paid-in capital2,381,0412,368,670
Treasury shares (1,991 and 2,281 shares)(427,840)(406,423)
Retained earnings7,106,8376,970,182
Accumulated other comprehensive income (loss)(50,515)20,645
Total stockholders’ equity9,029,0138,972,564
Total liabilities and stockholders’ equity$11,423,891$10,993,669

Item 1 - Condensed Consolidated Financial Statements

FAQ

What is Garmin's total liabilities & equity?
Garmin (GRMN) reported total liabilities & equity of $11.42B in Q2 2026.
How has Garmin's total liabilities & equity changed year-over-year?
Garmin's total liabilities & equity increased by 10.7% year-over-year, from $10.32B to $11.42B.
What is the long-term trend for Garmin's total liabilities & equity?
Over 5 years (2020 to 2025), Garmin's total liabilities & equity has grown at a 9.4% compound annual growth rate (CAGR), from $7.03B to $10.99B.
What does total liabilities & equity mean?
Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.

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