Garmin (GRMN) Free Cash Flow (2009 - 2026)
Garmin's (GRMN) quarterly Free Cash Flow came in at $275.8 million in Q2 2026, up 116.3% year-over-year from $127.5 million in Q2 2025, and down 41.25% quarter-over-quarter from $469.4 million in Q1 2026.
Analysis
Garmin (GRMN) Free Cash Flow (2009 - 2026) Analysis & Trends
Garmin has disclosed Free Cash Flow across 18 years of filings, most recently posting $275.8 million for Q2 2026.
- In Q2 2026, Free Cash Flow rose 116.3% year-over-year to $275.8 million; the TTM figure through Jun 2026 stood at $1.6 billion (up 41.98% YoY), while the FY2025 annual figure was $1.4 billion, up 10.01% from the prior year.
- Free Cash Flow came in at $275.8 million for Q2 2026 at Garmin, down from $469.4 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.
- Average Free Cash Flow over 5 years is $281.9 million, with a median of $292.5 million recorded in 2022.
- Year-over-year, Free Cash Flow slumped 96.04% in 2022 and soared 4547.4% in 2023.
- Over 5 years, 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 tumbled by 35.81% to $275.8 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $275.8 million in Q2 2026, $469.4 million in Q1 2026, and $429.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn | 31.91 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn | 275.78 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 | 1.43 Mn |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 275.78 Mn |
| Mar 28, 2026 | 469.37 Mn |
| Dec 27, 2025 | 429.61 Mn |
| Sep 27, 2025 | 425.08 Mn |
| Jun 28, 2025 | 127.50 Mn |
| Mar 29, 2025 | 380.73 Mn |
| Dec 28, 2024 | 399.19 Mn |
| Sep 28, 2024 | 219.41 Mn |
| Jun 29, 2024 | 218.16 Mn |
| Mar 30, 2024 | 402.14 Mn |
| Dec 30, 2023 | 417.29 Mn |
| Sep 30, 2023 | 311.88 Mn |
| Jul 1, 2023 | 221.17 Mn |
| Apr 1, 2023 | 232.40 Mn |
| Dec 31, 2022 | 309.31 Mn |
| Sep 24, 2022 | 103.99 Mn |
| Jun 25, 2022 | 4.76 Mn |
| Mar 26, 2022 | 125.92 Mn |
| Dec 25, 2021 | 49.28 Mn |
| Sep 25, 2021 | 204.01 Mn |