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
DateValue
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