Garmin (GRMN) Operating Leases (2019 - 2026)

Garmin (GRMN) has 8 years of Operating Leases data on file, last reported at $167.6 million in Q1 2026.

• Quarterly Operating Leases rose 19.52% year-over-year to $167.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $167.6 million (up 19.52% YoY) and the FY2025 annual result came in at $164.8 million, up 22.2% from the prior year.
• Operating Leases advanced to $167.6 million in Q1 2026 per GRMN's latest filing, from $164.8 million in the prior quarter.
• The five-year high for Operating Leases was $167.6 million in Q1 2026, with the low at $82.1 million in Q1 2022.
• Average Operating Leases over 5 years is $122.3 million, with a median of $111.4 million recorded in 2023.
• Year-over-year, Operating Leases soared 63.53% in 2022 and declined 7.74% in 2024.
• Garmin's Operating Leases stood at $114.5 million in 2022, then slipped by 1.31% to $113.0 million in 2023, then rose by 19.33% to $134.9 million in 2024, then advanced by 22.2% to $164.8 million in 2025, then climbed by 1.68% to $167.6 million in 2026.
• Business Quant data shows GRMN's Operating Leases at $167.6 million in Q1 2026, $164.8 million in Q4 2025, and $155.8 million in Q3 2025.