Garmin (GRMN) Capital Expenditures (2009 - 2026)
Garmin's (GRMN) quarterly Capital Expenditures came in at $127.8 million in Q2 2026, up 179.75% year-over-year from $45.7 million in Q2 2025, and up 91.81% quarter-over-quarter from $66.6 million in Q1 2026.
Analysis
Garmin (GRMN) Capital Expenditures (2009 - 2026) Analysis & Trends
Garmin has disclosed Capital Expenditures across 18 years of filings, most recently posting $127.8 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 179.75% year-over-year to $127.8 million; the TTM figure through Jun 2026 stood at $379.1 million (up 81.4% YoY), while the FY2025 annual figure was $270.4 million, up 39.71% from the prior year.
- Capital Expenditures came in at $127.8 million for Q2 2026 at Garmin, up from $66.6 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $127.8 million in Q2 2026 to a low of $33.2 million in Q1 2024.
- Average Capital Expenditures over 5 years is $60.9 million, with a median of $51.3 million recorded in 2022.
- Year-over-year, Capital Expenditures tumbled 50.4% in 2022 and surged 179.75% in 2026.
- Over 5 years, 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 rose by 2.9% to $127.8 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $127.8 million in Q2 2026, $66.6 million in Q1 2026, and $124.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn | 2.46 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn | 127.78 Mn |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 | - |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn | - |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn | - |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 127.78 Mn |
| Mar 28, 2026 | 66.62 Mn |
| Dec 27, 2025 | 124.17 Mn |
| Sep 27, 2025 | 60.54 Mn |
| Jun 28, 2025 | 45.68 Mn |
| Mar 29, 2025 | 40.06 Mn |
| Dec 28, 2024 | 84.70 Mn |
| Sep 28, 2024 | 38.54 Mn |
| Jun 29, 2024 | 37.16 Mn |
| Mar 30, 2024 | 33.17 Mn |
| Dec 30, 2023 | 48.65 Mn |
| Sep 30, 2023 | 45.53 Mn |
| Jul 1, 2023 | 52.53 Mn |
| Apr 1, 2023 | 46.81 Mn |
| Dec 31, 2022 | 59.36 Mn |
| Sep 24, 2022 | 50.13 Mn |
| Jun 25, 2022 | 75.08 Mn |
| Mar 26, 2022 | 59.72 Mn |
| Dec 25, 2021 | 119.69 Mn |
| Sep 25, 2021 | 41.42 Mn |