| Balance Sheets | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-09-28 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,072,845 | 2,072,208 | 2,175,515 | 2,009,361 |
| Marketable securities | 466,785 | 515,038 | 498,995 | 414,701 |
| Accounts receivable, net | 955,614 | 1,010,578 | 787,133 | 922,034 |
| Inventories | 1,887,930 | 1,788,020 | 1,581,952 | 1,505,536 |
| Deferred costs | 17,468 | 18,518 | 21,077 | 23,385 |
| Prepaid expenses and other current assets | 410,301 | 415,069 | 380,512 | 334,488 |
| Total current assets | 5,810,943 | 5,819,431 | 5,445,184 | 5,209,505 |
| Property and equipment, net of accumulated depreciation of 1,278,084 and 1,139,156 | 1,296,198 | 1,290,714 | 1,233,213 | 1,220,113 |
| Operating lease right-of-use assets | 187,796 | 179,299 | 170,703 | 137,665 |
| Noncurrent marketable securities | 1,376,624 | 1,285,887 | 1,226,464 | 1,106,532 |
| Deferred income tax assets | 782,093 | 852,551 | 831,817 | 787,849 |
| Noncurrent deferred costs | 4,830 | 5,222 | 5,783 | 7,994 |
| Goodwill | 757,290 | 640,554 | 616,955 | 611,884 |
| Other intangible assets, net | 205,985 | 147,285 | 150,026 | 168,230 |
| Other noncurrent assets | 101,119 | 103,133 | 107,477 | 97,960 |
| Total assets | 10,522,878 | 10,324,076 | 9,787,622 | 9,347,732 |
| Accounts payable | 378,021 | 397,303 | 344,804 | 374,025 |
| Salaries and benefits payable | 240,077 | 193,598 | 204,589 | 218,941 |
| Accrued warranty costs | 71,720 | 71,197 | 61,142 | 57,983 |
| Accrued sales program costs | 86,576 | 104,310 | 71,765 | 75,802 |
| Other accrued expenses | 231,156 | 254,359 | 209,473 | 222,925 |
| Deferred revenue | 104,984 | 108,444 | 105,716 | 113,049 |
| Income taxes payable | 293,476 | 282,988 | 332,217 | 227,735 |
| Dividend payable | 346,286 | 519,863 | 0 | 288,204 |
| Total current liabilities | 1,752,296 | 1,932,062 | 1,329,706 | 1,578,664 |
| Deferred income tax liabilities | 109,044 | 89,194 | 104,923 | 104,996 |
| Noncurrent income taxes payable | 3,425 | 3,704 | 6,951 | 16,864 |
| Noncurrent deferred revenue | 23,187 | 24,553 | 25,526 | 30,227 |
| Noncurrent operating lease liabilities | 155,771 | 148,608 | 140,235 | 109,832 |
| Other noncurrent liabilities | 914 | 844 | 803 | 602 |
| Common shares (194,901 and 194,901 shares authorized and issued192,384 and 192,468 shares outstanding) | 19,490 | 19,490 | 19,490 | 19,490 |
| Additional paid-in capital | 2,359,964 | 2,317,294 | 2,255,968 | 2,218,170 |
| Treasury shares (2,517 and 2,433 shares) | 392,738 | 356,358 | 301,804 | 243,994 |
| Retained earnings | 6,441,534 | 6,039,512 | 6,331,735 | 5,563,576 |
| Accumulated other comprehensive income (loss) | 49,991 | 105,173 | -125,911 | -50,695 |
| Total stockholders equity | 8,478,241 | 8,125,111 | 8,179,478 | 7,506,547 |
| Total liabilities and stockholders equity | 10,522,878 | 10,324,076 | 9,787,622 | 9,347,732 |
GARMIN LTD (GRMN)
GARMIN LTD (GRMN)