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Garmin GRMN Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Income tax provision109,14179,429176,591135,737
Net income$$$541,920400,822$$$946,999733,591
Net income per share:
Basic$$$2.812.08$$$4.913.81
Diluted$$$2.802.07$$$4.893.79
Weighted average common shares outstanding:
Basic192,836192,523192,755192,534
Diluted193,471193,416193,515193,557

Item 1 - Condensed Consolidated Financial Statements

FAQ

What is Garmin's shares (diluted)?
Garmin (GRMN) reported shares (diluted) of 193.5M in Q2 2026.
How has Garmin's shares (diluted) changed year-over-year?
Garmin's shares (diluted) increased by 0.0% year-over-year, from 193.4M to 193.5M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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