Garmin (GRMN) Cash & Equivalents (2009 - 2026)
Garmin (GRMN) posted Cash & Equivalents of $2.33 billion for Q2 2026, up 12.6% from $2.07 billion a year earlier and up 1.9% from the prior quarter.
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Analysis
Garmin (GRMN) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Garmin's Cash & Equivalents came in at $2.28 billion, up 9.6% from FY2024.
- Annual Cash & Equivalents has increased for three consecutive years, with a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- In prior years, Garmin's Cash & Equivalents was $2.08 billion in FY2024 (+22.8%), $1.69 billion in FY2023 (+32.4%), $1.28 billion in FY2022 (-14.6%) and $1.5 billion in FY2021 (+2.7%).
- The Q2 2026 figure stands as the highest quarterly Cash & Equivalents in data going back to Q1 2009.
- On a year-over-year basis, Cash & Equivalents has increased in each of the last 13 quarters, with growth averaging 14.4% over the last eight quarters.
- The strongest year-over-year quarter for Cash & Equivalents in the past five years was Q3 2024, with growth of 41.2%; the weakest was Q3 2022, with a decline of 34.0%.
- According to Business Quant data, Cash & Equivalents for the three prior quarters was $2.29 billion (Q1 2026), $2.28 billion (Q4 2025) and $2.07 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,087.13 Bn | 4,834.62 Bn | 54.77 Bn | 39.54 Bn |
| 2 | Cisco Systems | 413.90 Bn | 349.82 Bn | 11.06 Bn | 7.22 Bn |
| 3 | Dell Technologies | 289.90 Bn | 245.66 Bn | 9.83 Bn | 11.57 Bn |
| 4 | Arista Networks | 215.69 Bn | 169.14 Bn | 1.91 Bn | 2.29 Bn |
| 5 | Sandisk | 184.10 Bn | 172.62 Bn | 7.58 Bn | 4.76 Bn |
| 6 | Sony | 161.13 Bn | 100.89 Bn | 6.53 Bn | 13.40 Bn |
| 7 | Seagate Technology Holdings | 145.63 Bn | 140.62 Bn | 1.90 Bn | 1.70 Bn |
| 8 | Western Digital | 127.86 Bn | 115.99 Bn | 2.03 Bn | 1.58 Bn |
| 9 | Hewlett Packard Enterprise | 73.67 Bn | 51.55 Bn | 4.93 Bn | 6.22 Bn |
| 10 | Garmin | 57.00 Bn | 46.35 Bn | 1.26 Bn | 2.33 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 2.33 Bn |
| Mar 28, 2026 | 2.29 Bn |
| Dec 27, 2025 | 2.28 Bn |
| Sep 27, 2025 | 2.07 Bn |
| Jun 28, 2025 | 2.07 Bn |
| Mar 29, 2025 | 2.18 Bn |
| Dec 28, 2024 | 2.08 Bn |
| Sep 28, 2024 | 2.01 Bn |
| Jun 29, 2024 | 1.94 Bn |
| Mar 30, 2024 | 1.92 Bn |
| Dec 30, 2023 | 1.69 Bn |
| Sep 30, 2023 | 1.42 Bn |
| Jul 1, 2023 | 1.43 Bn |
| Apr 1, 2023 | 1.36 Bn |
| Dec 31, 2022 | 1.28 Bn |
| Sep 24, 2022 | 1.08 Bn |
| Jun 25, 2022 | 1.09 Bn |
| Mar 26, 2022 | 1.42 Bn |
| Dec 25, 2021 | 1.50 Bn |
| Sep 25, 2021 | 1.64 Bn |
API Access
Garmin Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();