FN2 Earnings Intelligence
Garmin Ltd. cash flow
Garmin Ltd. (GRMN) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/25/2021 | 12/31/2022 | 12/30/2023 | 12/28/2024 | 12/27/2025 | 12/27/2026 est. | 12/27/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $1,498.1 | $1,279.2 | $1,693.5 | $2,079.5 | $2,278.6 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $4,982.8 | $4,860.3 | $5,228.3 | $6,296.9 | $7,245.5 | $8,010.6 | $8,820.6 |
| % Growth | 19.0% | -2.5% | 7.6% | 20.4% | 15.1% | 10.6% | 10.1% |
| Gross Profit | $2,890.5 | $2,806.8 | $3,005 | $3,696.6 | $4,256.3 | - | - |
| % Margin | 58.0% | 57.7% | 57.5% | 58.7% | 58.7% | - | - |
| EBITDA | $1,322.1 | $1,146.6 | $1,224.5 | $1,734.5 | $2,028.7 | - | - |
| % Margin | 26.5% | 23.6% | 23.4% | 27.5% | 28.0% | - | - |
| Net Income | $1,082.2 | $973.6 | $1,289.6 | $1,411.4 | $1,663.9 | - | - |
| % Margin | 21.7% | 20.0% | 24.7% | 22.4% | 23.0% | - | - |
| Diluted EPS | $5.61 | $5.04 | $6.71 | $7.30 | $8.59 | $9.67 | $10.49 |
| % Growth | 8.5% | -10.2% | 33.1% | 8.8% | 17.7% | 12.5% | 8.5% |
| Operating Cash Flow | $1,012.4 | $788.3 | $1,376.3 | $1,432.5 | $1,633.4 | - | - |
| CapEx | $307.6 | $244.3 | $193.5 | $193.6 | $270.4 | - | - |
| Free Cash Flow | $704.8 | $544 | $1,182.7 | $1,238.9 | $1,362.9 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/25/2021 | 12/31/2022 | 12/30/2023 | 12/28/2024 | 12/27/2025 | 12/27/2026 est. | 12/27/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $4,982.8 | $4,860.3 | $5,228.3 | $6,296.9 | $7,245.5 | $8,010.6 | $8,820.6 |
| Gross Profit | $2,890.5 | $2,806.8 | $3,005 | $3,696.6 | $4,256.3 | - | - |
| EBITDA | $1,322.1 | $1,146.6 | $1,224.5 | $1,734.5 | $2,028.7 | - | - |
| Net Income | $1,082.2 | $973.6 | $1,289.6 | $1,411.4 | $1,663.9 | - | - |
| Diluted EPS | $5.61 | $5.04 | $6.71 | $7.30 | $8.59 | $9.67 | $10.49 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/25/2021 | 12/31/2022 | 12/30/2023 | 12/28/2024 | 12/27/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1,498.1 | $1,279.2 | $1,693.5 | $2,079.5 | $2,278.6 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/25/2021 | 12/31/2022 | 12/30/2023 | 12/28/2024 | 12/27/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1,012.4 | $788.3 | $1,376.3 | $1,432.5 | $1,633.4 |
| Capital Expenditure | $307.6 | $244.3 | $193.5 | $193.6 | $270.4 |
| Free Cash Flow | $704.8 | $544 | $1,182.7 | $1,238.9 | $1,362.9 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/25/2021 | 12/31/2022 | 12/30/2023 | 12/28/2024 | 12/27/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 19.0% | -2.5% | 7.6% | 20.4% | 15.1% |
| Gross Margin | 58.0% | 57.7% | 57.5% | 58.7% | 58.7% |
| EBITDA Margin | 26.5% | 23.6% | 23.4% | 27.5% | 28.0% |
| Net Margin | 21.7% | 20.0% | 24.7% | 22.4% | 23.0% |
| FCF Margin | 14.1% | 11.2% | 22.6% | 19.7% | 18.8% |
| Diluted EPS Growth | 8.5% | -10.2% | 33.1% | 8.8% | 17.7% |