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Garmin Ltd (GRMN) Annual Balance Sheets

Annual · GAAP · USD millions
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Balance sheet data covering Garmin Ltd–Dec 25 2021 offers a view into how Dec 27 2025's financial position has changed alongside business activity.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 27 2025)
(Dec 28 2024) (Dec 30 2023) (Dec 31 2022) (Dec 25 2021)
Assets
Cash & cash equivalent2,278.65
Available-for-sale Securities, Debt Securities, Current MA459.20
Cash & Short-term Investments2,737.00
Accounts receivable1,253.02
Inventories1,772.26
Deferred Costs, Current AS17.54
Other current assets0.00
Prepaid Expense And Other Assets Current467.56
Total Current Assets6,248.22
Equipment/Property/Plant Net1,375.35
Goodwill net760.24
Intangible Assets198.36
Long-term investments1,396.93
Deferred Costs, Noncurrent AS4.37
Other Assets2,407.13
Total Assets10,993.67
Liabilities
Accounts Payable, Current AC347.49
Accrued Liabilities, Current301.19
Other current liabilities689.84
Accrued Income Taxes, Current TA381.55
Total Current Liabilities1,720.07
Total Long-term Debt0.00
Accrued Income Taxes, Noncurrent AC13.60
Other longterm liabilities0.00
Contract With Customer Liability Current105.65
Contract With Customer Liability Noncurrent22.28
Total Liabilities1,723.67
Stockholders' Equity
Common Stock Value19.49
Treasury Stock Value-406.42
Additional Paid In Capital Common Stock2,368.67
Retained Earnings / Accumulated Deficit6,970.18
Other Equity20.65
Common Stockholder's Equity8,972.56
Total Stockholder's Equity8,972.56
Liabilities & Stockholder's Equity10,993.67
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About Garmin Ltd Annual Balance Sheet

What this statement shows

This page presents issuer-reported balance sheet data, detailing assets, liabilities, and stockholders equity as reported in SEC 10-K filings and standardized by CSIMarket. The balance sheet reflects the company's financial position at the end of each reporting period.

Source & verification

  • Form: 10-K (Period: 20251227)
  • Filed with the SEC: February 18, 2026
  • Source: grmn-20251227.htm

Last updated

  • Page updated:
  • Data lineage: SEC filings - XBRL extraction - balance-sheet normalization in the CSIMarket.com financial database.
  • Accession: 0001193125-26-056028

Balance sheet figures represent financial position at specific reporting dates and may be revised in subsequent filings.

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