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GARMIN LTD (GRMN)

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GARMIN LTD (GRMN)

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Cash Flow Overview

Change in Cash
$11,279K
Free Cash flow
$469,371K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Net income
    • Accounts receivable, net of allo...
    • Redemption of marketable securit...
    • Others
Negative Cash Flow Breakdown
    • Purchase of marketable securitie...
    • Dividends
    • Inventories
    • Others

Cash Flow
2026-03-28
2025-12-27
2025-09-27
2025-06-28
Net income
405,078 528,681 401,615 400,822
Depreciation
40,418 36,978 39,653 38,517
Amortization
8,707 9,274 9,451 8,588
Loss (gain) on sale or disposal of property and equipment
-42 -506 -25 -365
Unrealized foreign currency losses (gains)
-1,525 -1,436 21,040 -22,417
Deferred income taxes
3,301 63,222 69,078 -38,161
Stock compensation expense
43,323 41,000 42,724 44,507
Realized (gains) losses on marketable securities
318 -42 -151 -608
Accounts receivable, net of allowance for doubtful accounts
-301,791 291,627 -50,916 195,187
Inventories
95,064 -106,817 118,604 104,037
Other current and non-current assets
29,068 -20,387 -18,626 19,582
Accounts payable
3,407 -22,987 -4,940 10,038
Other current and non-current liabilities
-90,378 83,262 -464 59,726
Deferred revenue
-4,483 -240 -4,760 1,317
Deferred costs
-2,543 -389 -1,441 -3,160
Income taxes
-54,836 -23,355 1,743 -59,927
Net cash provided by operating activities
535,988 553,785 485,615 173,171
Purchases of property and equipment
66,617 124,173 60,535 45,676
Purchase of marketable securities
333,342 115,761 258,719 285,545
Redemption of marketable securities
147,896 108,592 225,335 217,681
Net payments for acquisitions
0 0 -173,682 127
Other investing activities, net
-307 -65 -116 -96
Net cash used in investing activities
-252,370 -131,407 -267,717 -113,509
Dividends
173,637 172,966 173,171 173,182
Proceeds from issuance of treasury shares related to equity awards
NaN 28,944 0 29,065
Purchase of treasury shares related to equity awards
46,839 23,718 45 287
Purchase of treasury shares under share repurchase plan
39,577 50,862 36,517 66,534
Net cash used in financing activities
-260,053 -218,602 -209,733 -210,938
Effect of exchange rate changes on cash and cash equivalents
-12,286 2,038 -7,525 47,978
Net increase in cash, cash equivalents, and restricted cash
11,279 205,814 640 -103,298
Cash, cash equivalents, and restricted cash at beginning of period
2,279,360 2,073,546 2,072,906 2,176,204
Cash, cash equivalents, and restricted cash at end of period
2,290,639 2,279,360 2,073,546 2,072,906
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.

Cash Flow

Net income$405,078K (21.73%↑ Y/Y)Accounts receivable, netof allowance for...-$301,791K (-41.63%↓ Y/Y)Stock compensationexpense$43,323K (14.70%↑ Y/Y)Depreciation$40,418K (7.89%↑ Y/Y)Amortization$8,707K (-1.45%↓ Y/Y)Accounts payable$3,407K (126.98%↑ Y/Y)Deferred income taxes$3,301K (128.47%↑ Y/Y)Deferred costs-$2,543K (38.01%↑ Y/Y)Unrealized foreigncurrency losses (gains)-$1,525K (-103.91%↓ Y/Y)Loss (gain) on sale ordisposal of property and...-$42K (-380.00%↓ Y/Y)Net cash provided byoperating activities$535,988K (27.38%↑ Y/Y)Canceled cashflow$274,147K Net increase incash, cash...$11,279K (-88.26%↓ Y/Y)Canceled cashflow$524,709K Inventories$95,064K (-7.02%↓ Y/Y)Other current andnon-current liabilities-$90,378K (-57.68%↓ Y/Y)Income taxes-$54,836K (-256.20%↓ Y/Y)Other current andnon-current assets$29,068K (66.01%↑ Y/Y)Deferred revenue-$4,483K (45.06%↑ Y/Y)Realized (gains) losseson marketable...$318K (424.49%↑ Y/Y)Redemption of marketablesecurities$147,896K (66.57%↑ Y/Y)Net cash used infinancing activities-$260,053K (-26.97%↓ Y/Y)Net cash used ininvesting activities-$252,370K (-90.32%↓ Y/Y)Effect of exchange ratechanges on cash and cash...-$12,286K (-196.95%↓ Y/Y)Canceled cashflow$147,896K Dividends$173,637K (20.11%↑ Y/Y)Purchase of treasuryshares related to...$46,839K (41.32%↑ Y/Y)Purchase of treasuryshares under share...$39,577K (46.05%↑ Y/Y)Purchase of marketablesecurities$333,342K (85.37%↑ Y/Y)Purchases of property andequipment$66,617K (66.28%↑ Y/Y)Other investingactivities, net-$307K (-151.25%↓ Y/Y)