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Garmin (GRMN) Operating Leases (2019 - 2025)

Garmin (GRMN) has disclosed Operating Leases for 7 consecutive years, with $164.8 million as the latest value for Q4 2025.

  • Quarterly Operating Leases rose 22.2% to $164.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $164.8 million through Dec 2025, up 22.2% year-over-year, with the annual reading at $164.8 million for FY2025, 22.2% up from the prior year.
  • Operating Leases hit $164.8 million in Q4 2025 for Garmin, up from $155.8 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $164.8 million in Q4 2025 to a low of $70.0 million in Q4 2021.
  • Historically, Operating Leases has averaged $110.1 million across 5 years, with a median of $110.3 million in 2023.
  • Biggest five-year swings in Operating Leases: fell 7.79% in 2021 and later skyrocketed 63.53% in 2022.
  • Year by year, Operating Leases stood at $70.0 million in 2021, then surged by 63.53% to $114.5 million in 2022, then decreased by 1.31% to $113.0 million in 2023, then increased by 19.33% to $134.9 million in 2024, then grew by 22.2% to $164.8 million in 2025.
  • Business Quant data shows Operating Leases for GRMN at $164.8 million in Q4 2025, $155.8 million in Q3 2025, and $148.6 million in Q2 2025.