Garmin (GRMN) Net Cash Flow (2009 - 2026)
Garmin (GRMN) reported Net Cash Flow of -$294.89 million for Q3 2026, compared with $8.17 million a year earlier.
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Analysis
Garmin (GRMN) Net Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 26, 2026, Garmin's Net Cash Flow came in at -$21.49 million; for FY2025, it was $144.04 million, down 65.1% from FY2024.
- Net Cash Flow has a five-year compound annual growth rate of -19.0% (FY2020 to FY2025).
- By year, Net Cash Flow came in at $412.28 million in FY2024 (+1.4%), $406.78 million in FY2023, -$197.48 million in FY2022 and $50.35 million in FY2021 (-87.8%).
- The Q3 2026 figure ranks as the lowest quarterly Net Cash Flow since Q2 2022.
- Year over year, Net Cash Flow gained in 1 of the last five quarters, with an average decline of 36.4%.
- The high point for year-over-year Net Cash Flow in five years was Q3 2024 (growth of 332.4%); the low point was Q3 2025 (a decline of 82.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $46.06 million (Q2 2026), $23.57 million (Q1 2026) and $203.78 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,090.84 Bn | 4,836.31 Bn | 54.82 Bn | -3.24 Bn |
| 2 | Cisco Systems | 390.99 Bn | 326.92 Bn | 11.06 Bn | 116.00 Mn |
| 3 | Arista Networks | 240.45 Bn | 189.65 Bn | 2.33 Bn | -2.10 Mn |
| 4 | Dell Technologies | 219.04 Bn | 174.80 Bn | 9.83 Bn | 6.00 Mn |
| 5 | Sony | 158.27 Bn | 38.21 Bn | - | - |
| 6 | Sandisk | 129.40 Bn | 114.23 Bn | 9.38 Bn | 370.00 Mn |
| 7 | Seagate Technology Holdings | 114.31 Bn | 109.16 Bn | 2.43 Bn | -335.00 Mn |
| 8 | Western Digital | 105.81 Bn | 95.63 Bn | 2.53 Bn | -265.00 Mn |
| 9 | Hewlett Packard Enterprise | 63.81 Bn | 41.69 Bn | 4.93 Bn | 954.00 Mn |
| 10 | Garmin | 55.33 Bn | 44.88 Bn | 1.26 Bn | -294.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | -294.89 Mn |
| Jun 27, 2026 | 46.06 Mn |
| Mar 28, 2026 | 23.57 Mn |
| Dec 27, 2025 | 203.78 Mn |
| Sep 27, 2025 | 8.17 Mn |
| Jun 28, 2025 | -151.28 Mn |
| Mar 29, 2025 | 83.38 Mn |
| Dec 28, 2024 | 103.90 Mn |
| Sep 28, 2024 | 46.61 Mn |
| Jun 29, 2024 | 19.55 Mn |
| Mar 30, 2024 | 242.23 Mn |
| Dec 30, 2023 | 250.30 Mn |
| Sep 30, 2023 | 10.78 Mn |
| Jul 1, 2023 | 66.68 Mn |
| Apr 1, 2023 | 79.02 Mn |
| Dec 31, 2022 | 180.05 Mn |
| Sep 24, 2022 | 11.18 Mn |
| Jun 25, 2022 | -315.15 Mn |
| Mar 26, 2022 | -73.57 Mn |
| Dec 25, 2021 | -136.91 Mn |
API Access
Garmin Net Cash Flow 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=net-cash-flow&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();