Garmin (GRMN) Capital Expenditures (2009 - 2026)
Garmin (GRMN) posted Capital Expenditures of $66.6 million for Q1 2026, down 46.35% sequentially from $124.2 million in Q4 2025, and up 66.28% YoY from $40.1 million in Q1 2025.
Garmin (GRMN) Capital Expenditures (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 18 years of Capital Expenditures data on file, last reported at $66.6 million in Q1 2026.
- Quarterly Capital Expenditures rose 66.28% year-over-year to $66.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $297.0 million (up 48.16% YoY) and the FY2025 annual result came in at $270.4 million, up 39.71% from the prior year.
- Capital Expenditures fell to $66.6 million in Q1 2026 per GRMN's latest filing, from $124.2 million in the prior quarter.
- The five-year high for Capital Expenditures was $124.2 million in Q4 2025, with the low at $33.2 million in Q1 2024.
- Average Capital Expenditures over 5 years is $57.0 million, with a median of $50.1 million recorded in 2022.
- Year-over-year, Capital Expenditures slumped 50.4% in 2022 and surged 74.11% in 2024.
- Garmin's Capital Expenditures stood at $59.4 million in 2022, then declined by 18.04% to $48.6 million in 2023, then jumped by 74.11% to $84.7 million in 2024, then soared by 46.6% to $124.2 million in 2025, then sank by 46.35% to $66.6 million in 2026.
- Business Quant data shows GRMN's Capital Expenditures at $66.6 million in Q1 2026, $124.2 million in Q4 2025, and $60.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | -55.61 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 4.14 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 34.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 29.70 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 26.60 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 6.10 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 2.76 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 17.90 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 66.62 Mn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 4.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 66.62 Mn |
| Mar 28, 2026 | 66.62 Mn |
| Dec 27, 2025 | 124.17 Mn |
| Dec 27, 2025 | 124.17 Mn |
| Sep 27, 2025 | 60.54 Mn |
| Sep 27, 2025 | 60.54 Mn |
| Jun 28, 2025 | 45.68 Mn |
| Jun 28, 2025 | 45.68 Mn |
| Mar 29, 2025 | 40.06 Mn |
| Mar 29, 2025 | 40.06 Mn |
| Dec 28, 2024 | 84.70 Mn |
| Dec 28, 2024 | 84.70 Mn |
| Sep 28, 2024 | 38.54 Mn |
| Sep 28, 2024 | 38.54 Mn |
| Jun 29, 2024 | 37.16 Mn |
| Jun 29, 2024 | 37.16 Mn |
| Mar 30, 2024 | 33.17 Mn |
| Mar 30, 2024 | 33.17 Mn |
| Dec 30, 2023 | 48.65 Mn |
| Dec 30, 2023 | 48.65 Mn |