Garmin (GRMN) FCF Margin (2009 - 2026)

Garmin has disclosed FCF Margin across 17 years of filings, most recently posting 13.64% for Q2 2026.

• In Q2 2026, FCF Margin rose 661.0% year-over-year to 13.64%; the TTM figure through Jun 2026 stood at 20.85% (up 418.0% YoY), while the FY2025 annual figure was 18.81%, down 86.0% from the prior year.
• FCF Margin came in at 13.64% for Q2 2026 at Garmin, down from 26.77% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 29.11% in Q1 2024 to a low of 0.38% in Q2 2022.
• Average FCF Margin over 5 years is 18.29%, with a median of 20.24% recorded in 2023.
• The largest YoY upside for FCF Margin was 2014 bps in 2022 against a maximum downside of 2017 bps in 2022.
• Over 5 years, FCF Margin stood at 23.68% in 2022, then climbed by 19 bps to 28.15% in 2023, then fell by 22 bps to 21.9% in 2024, then fell by 8 bps to 20.22% in 2025, then plunged by 33 bps to 13.64% in 2026.
• Per Business Quant data, the three most recent FCF Margin figures were 13.64% in Q2 2026, 26.77% in Q1 2026, and 20.22% in Q4 2025.