Garmin (GRMN) Free Cash Flow (2009 - 2026)
Garmin's (GRMN) quarterly Free Cash Flow came in at $469.4 million in Q1 2026, up 23.28% year-on-year from $380.7 million in Q1 2025, and up 9.25% quarter-over-quarter from $429.6 million in Q4 2025.
Garmin (GRMN) Free Cash Flow (2009 - 2026) Analysis & Trends
Garmin has disclosed Free Cash Flow across 18 years of filings, most recently posting $469.4 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $469.4 million, up 23.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 19.23% YoY), and the FY2025 annual result was $1.4 billion, up 10.01% from the prior year.
- Free Cash Flow came in at $469.4 million for Q1 2026 at Garmin, up from $429.6 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $469.4 million in Q1 2026 to a low of $4.8 million in Q2 2022.
- The 5-year median for Free Cash Flow is $309.3 million (2022), against an average of $282.2 million.
- Across the five-year window, Free Cash Flow tumbled 96.04% in 2022 and surged 4547.4% in 2023, its largest moves.
- Garmin's Free Cash Flow stood at $309.3 million in 2022, then jumped by 34.91% to $417.3 million in 2023, then declined by 4.34% to $399.2 million in 2024, then advanced by 7.62% to $429.6 million in 2025, then climbed by 9.25% to $469.4 million in 2026.
- The last three Free Cash Flow figures came in at $469.4 million (Q1 2026), $429.6 million (Q4 2025), and $425.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | -38.19 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 407.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 469.37 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 204.30 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 28.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 208.20 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 268.60 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 42.34 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 58.53 Mn |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 104.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 469.37 Mn |
| Mar 28, 2026 | 469.37 Mn |
| Dec 27, 2025 | 429.61 Mn |
| Dec 27, 2025 | 429.61 Mn |
| Sep 27, 2025 | 425.08 Mn |
| Sep 27, 2025 | 425.08 Mn |
| Jun 28, 2025 | 127.50 Mn |
| Jun 28, 2025 | 127.50 Mn |
| Mar 29, 2025 | 380.73 Mn |
| Mar 29, 2025 | 380.73 Mn |
| Dec 28, 2024 | 399.19 Mn |
| Dec 28, 2024 | 399.19 Mn |
| Sep 28, 2024 | 219.41 Mn |
| Sep 28, 2024 | 219.41 Mn |
| Jun 29, 2024 | 218.16 Mn |
| Jun 29, 2024 | 218.16 Mn |
| Mar 30, 2024 | 402.14 Mn |
| Mar 30, 2024 | 402.14 Mn |
| Dec 30, 2023 | 417.29 Mn |
| Dec 30, 2023 | 417.29 Mn |