Garmin (GRMN) Capital Expenditures (2009 - 2026)

Garmin's (GRMN) quarterly Capital Expenditures came in at $66.6 million in Q1 2026, up 66.28% year-on-year from $40.1 million in Q1 2025, and down 46.35% quarter-over-quarter from $124.2 million in Q4 2025.

Garmin (GRMN) Capital Expenditures (2009 - 2026) Analysis & Trends

Garmin has disclosed Capital Expenditures across 18 years of filings, most recently posting $66.6 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $66.6 million, up 66.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $297.0 million (up 48.16% YoY), and the FY2025 annual result was $270.4 million, up 39.71% from the prior year.
  • Capital Expenditures came in at $66.6 million for Q1 2026 at Garmin, down from $124.2 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $124.2 million in Q4 2025 to a low of $33.2 million in Q1 2024.
  • The 5-year median for Capital Expenditures is $50.1 million (2022), against an average of $57.0 million.
  • Across the five-year window, Capital Expenditures plunged 50.4% in 2022 and jumped 74.11% in 2024, its largest moves.
  • Garmin's Capital Expenditures stood at $59.4 million in 2022, then decreased 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 plunged by 46.35% to $66.6 million in 2026.
  • The last three Capital Expenditures figures came in at $66.6 million (Q1 2026), $124.2 million (Q4 2025), and $60.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Coherent 75.99 Bn 74.70 Bn 679.95 Mn -55.61 Mn
2 Keysight Technologies 56.90 Bn 54.72 Bn 995.00 Mn 34.00 Mn
3 Garmin 45.32 Bn 42.62 Bn 1.04 Bn 66.62 Mn
4 Teledyne Technologies 28.36 Bn 28.06 Bn 673.80 Mn 29.70 Mn
5 Mks 21.03 Bn 20.46 Bn 507.00 Mn 25.00 Mn
6 Fortive 18.96 Bn 18.61 Bn 675.50 Mn 26.60 Mn
7 Trimble 12.56 Bn 12.32 Bn 646.30 Mn 6.10 Mn
8 Cognex 10.39 Bn 10.09 Bn 190.94 Mn 2.76 Mn
9 Esco Technologies 7.65 Bn 7.56 Bn 131.32 Mn 7.23 Mn
10 Sensata Technologies Holding 7.33 Bn 6.69 Bn 286.30 Mn 17.90 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