Garmin (GRMN) Capital Expenditures (2009 - 2026)
Garmin (GRMN) posted Capital Expenditures of $127.8 million for Q2 2026, up 91.81% sequentially from $66.6 million in Q1 2026, and up 179.75% YoY from $45.7 million in Q2 2025.
Garmin (GRMN) Capital Expenditures (2009 - 2026) Analysis & Trends
Garmin has reported Capital Expenditures for 18 years, with the latest figure at $127.8 million in Q2 2026.
- Quarterly Capital Expenditures rose 179.75% year-over-year to $127.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $379.1 million (up 81.4% YoY) and the FY2025 annual result came in at $270.4 million, up 39.71% from the prior year.
- Capital Expenditures improved to $127.8 million in Q2 2026 per GRMN's latest filing, from $66.6 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $127.8 million in Q2 2026 and troughed at $33.2 million in Q1 2024.
- A 5-year average of $60.9 million and a median of $51.3 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2022 and 2026: Capital Expenditures plunged 50.4% in 2022, then soared 179.75% in 2026.
- Over 5 years, Capital Expenditures stood at $59.4 million in 2022, then dropped by 18.04% to $48.6 million in 2023, then soared by 74.11% to $84.7 million in 2024, then surged by 46.6% to $124.2 million in 2025, then advanced by 2.9% to $127.8 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $127.8 million, $66.6 million, and $124.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.85 Bn | 54.18 Bn | 1.26 Bn | 127.78 Mn |
| 2 | Keysight Technologies | 53.54 Bn | 51.12 Bn | 1.18 Bn | 29.00 Mn |
| 3 | Coherent | 50.47 Bn | 48.48 Bn | 787.08 Mn | 555.68 Mn |
| 4 | Teledyne Technologies | 29.24 Bn | 28.90 Bn | 738.10 Mn | 30.50 Mn |
| 5 | Mks | 18.88 Bn | 18.27 Bn | 595.00 Mn | 54.00 Mn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 28.10 Mn |
| 7 | Trimble | 14.09 Bn | 13.87 Bn | 674.90 Mn | 7.10 Mn |
| 8 | Cognex | 9.96 Bn | 9.55 Bn | 205.77 Mn | 1.53 Mn |
| 9 | Esco Technologies | 7.40 Bn | 7.32 Bn | 141.52 Mn | 11.43 Mn |
| 10 | Sensata Technologies Holding | 6.23 Bn | 5.82 Bn | 301.80 Mn | 23.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 127.78 Mn |
| Jun 27, 2026 | 127.78 Mn |
| 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 |