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Balance Sheets Overview

Current Ratio
302.84%
Quick Ratio
208.46%
Cash Ratio
112.05%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Noncurrent marketable securities
    • Property and equipment, net of a...
    • Others
Liabilities Breakdown
    • Retained earnings
    • Additional paid-in capital
    • Dividend payable
    • Others
Balance Sheets
2026-06-27
2026-03-28
2025-12-27
2025-09-27
Cash and cash equivalents
2,334,235
2,289,916
2,278,646
2,072,845
Marketable securities
331,955
411,034
459,202
466,785
Accounts receivable, net
1,153,215
940,959
1,253,015
955,614
Inventories
1,966,061
1,850,282
1,772,257
1,887,930
Deferred costs
13,673
15,324
17,538
17,468
Prepaid expenses and other current assets
509,473
489,654
467,558
410,301
Total current assets
6,308,612
5,997,169
6,248,216
5,810,943
Total, at cost
-
-
2,667,598
-
Accumulated depreciation
-
-
1,292,250
-
Property and equipment, net of accumulated depreciation of 1,360,259 and 1,292,250
1,454,228
1,383,770
1,375,348
1,296,198
Operating lease right-of-use assets
212,297
203,390
196,183
187,796
Noncurrent marketable securities
1,703,680
1,612,323
1,396,929
1,376,624
Deferred income tax assets
717,795
721,894
718,094
782,093
Noncurrent deferred costs
3,930
4,046
4,373
4,830
Goodwill
748,474
750,633
760,241
757,290
Other intangible assets, net
179,054
186,866
198,362
205,985
Other noncurrent assets
95,821
92,347
95,923
101,119
Total assets
11,423,891
10,952,438
10,993,669
10,522,878
Accounts payable
401,318
344,724
347,493
378,021
Salaries and benefits payable
201,311
224,693
228,267
240,077
Accrued warranty costs
71,560
70,932
72,921
71,720
Accrued sales program costs
118,531
92,504
153,193
86,576
Other accrued expenses
249,765
233,248
257,651
231,156
Deferred revenue
106,956
100,843
105,646
104,984
Income taxes payable
326,081
308,301
381,549
293,476
Dividend payable
607,651
0
173,351
346,286
Total current liabilities
2,083,173
1,375,245
1,720,071
1,752,296
Deferred income tax liabilities
107,365
111,744
109,701
109,044
Noncurrent income taxes payable
3,754
3,645
3,596
3,425
Noncurrent deferred revenue
22,072
22,530
22,277
23,187
Noncurrent operating lease liabilities
177,957
167,612
164,835
155,771
Other noncurrent liabilities
557
638
625
914
Common shares, 0.10 par value (194,901 and 194,901 shares authorized and issued192,910 and 192,620 shares outstanding)
19,490
19,490
19,490
19,490
Additional paid-in capital
2,381,041
2,335,119
2,368,670
2,359,964
Treasury shares (1,991 and 2,281 shares)
427,840
415,600
406,423
392,738
Retained earnings
7,106,837
7,374,974
6,970,182
6,441,534
Accumulated other comprehensive income (loss)
-50,515
-42,959
20,645
49,991
Total stockholders equity
9,029,013
9,271,024
8,972,564
8,478,241
Total liabilities and stockholders equity
11,423,891
10,952,438
10,993,669
10,522,878
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$2,334,235K (12.64%↑ Y/Y)Inventories$1,966,061K (9.96%↑ Y/Y)Accounts receivable, net$1,153,215K (14.11%↑ Y/Y)Prepaid expenses andother current assets$509,473K (22.74%↑ Y/Y)Marketable securities$331,955K (-35.55%↓ Y/Y)Deferred costs$13,673K (-26.16%↓ Y/Y)Total current assets$6,308,612K (8.41%↑ Y/Y)Noncurrent marketablesecurities$1,703,680K (32.49%↑ Y/Y)Property and equipment,net of accumulated...$1,454,228K (12.67%↑ Y/Y)Goodwill$748,474K (16.85%↑ Y/Y)Deferred income taxassets$717,795K (-15.81%↓ Y/Y)Operating leaseright-of-use assets$212,297K (18.40%↑ Y/Y)Other intangibleassets, net$179,054K (21.57%↑ Y/Y)Other noncurrentassets$95,821K (-7.09%↓ Y/Y)Noncurrent deferred costs$3,930K (-24.74%↓ Y/Y)Total assets$11,423,891K (10.65%↑ Y/Y)Total liabilities andstockholders equity$11,423,891K (10.65%↑ Y/Y)Total stockholdersequity$9,029,013K (11.12%↑ Y/Y)Total currentliabilities$2,083,173K (7.82%↑ Y/Y)Noncurrent operating leaseliabilities$177,957K (19.75%↑ Y/Y)Deferred income taxliabilities$107,365K (20.37%↑ Y/Y)Noncurrent deferredrevenue$22,072K (-10.10%↓ Y/Y)Noncurrent income taxespayable$3,754K (1.35%↑ Y/Y)Other noncurrentliabilities$557K (-34.00%↓ Y/Y)Treasury shares (1,991and 2,281 shares)$427,840K (20.06%↑ Y/Y)Accumulated othercomprehensive income (loss)-$50,515K (-148.03%↓ Y/Y)Retained earnings$7,106,837K (17.67%↑ Y/Y)Additional paid-in capital$2,381,041K (2.75%↑ Y/Y)Dividend payable$607,651K (16.89%↑ Y/Y)Accounts payable$401,318K (1.01%↑ Y/Y)Income taxes payable$326,081K (15.23%↑ Y/Y)Other accruedexpenses$249,765K (-1.81%↓ Y/Y)Salaries and benefitspayable$201,311K (3.98%↑ Y/Y)Accrued sales programcosts$118,531K (13.63%↑ Y/Y)Deferred revenue$106,956K (-1.37%↓ Y/Y)Accrued warranty costs$71,560K (0.51%↑ Y/Y)Common shares, 0.10 parvalue (194,901 and...$19,490K (0.00%↑ Y/Y)
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GARMIN LTD (GRMN)

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GARMIN LTD (GRMN)

🚨 Price Alert: The stock price jumped by 24.58% after the earning call.