Garmin (GRMN) Interest Expenses (2009 - 2026)
Garmin (GRMN) posted Interest Expenses of $71.6 million for Q2 2026, up 0.89% sequentially from $70.9 million in Q1 2026, and up 0.51% YoY from $71.2 million in Q2 2025.
Garmin (GRMN) Interest Expenses (2009 - 2026) Analysis & Trends
Garmin has reported Interest Expenses for 18 years, with the latest figure at $71.6 million in Q2 2026.
- Quarterly Interest Expenses rose 0.51% year-over-year to $71.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $71.6 million (up 0.51% YoY) and the FY2025 annual result came in at $104.8 million, up 11.81% from the prior year.
- Interest Expenses rose to $71.6 million in Q2 2026 per GRMN's latest filing, from $70.9 million in the prior quarter.
- Over five years, Interest Expenses peaked at $117.4 million in Q3 2022 and troughed at $38.7 million in Q4 2024.
- A 5-year average of $74.3 million and a median of $71.4 million in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses surged 174.04% in 2022, then sank 42.79% in 2024.
- Over 5 years, Interest Expenses stood at $51.0 million in 2022, then rose by 9.39% to $55.7 million in 2023, then slumped by 30.59% to $38.7 million in 2024, then jumped by 88.48% to $72.9 million in 2025, then fell by 1.87% to $71.6 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $71.6 million, $70.9 million, and $72.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | - |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 25.00 Mn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 41.05 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 13.60 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 38.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | -35.40 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 20.90 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | - |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | - |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 32.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 71.56 Mn |
| Jun 27, 2026 | 71.56 Mn |
| Mar 28, 2026 | 70.93 Mn |
| Mar 28, 2026 | 70.93 Mn |
| Dec 27, 2025 | 72.92 Mn |
| Dec 27, 2025 | 72.92 Mn |
| Sep 27, 2025 | 71.72 Mn |
| Sep 27, 2025 | 71.72 Mn |
| Jun 28, 2025 | 71.20 Mn |
| Jun 28, 2025 | 71.20 Mn |
| Mar 29, 2025 | 61.14 Mn |
| Mar 29, 2025 | 61.14 Mn |
| Dec 28, 2024 | 38.69 Mn |
| Dec 28, 2024 | 38.69 Mn |
| Sep 28, 2024 | 57.98 Mn |
| Sep 28, 2024 | 57.98 Mn |
| Jun 29, 2024 | 59.94 Mn |
| Jun 29, 2024 | 59.94 Mn |
| Mar 30, 2024 | 65.81 Mn |
| Mar 30, 2024 | 65.81 Mn |