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Garmin (GRMN) Operating Leases (2019 - 2026)

Garmin's Operating Leases history spans 8 years, with the latest figure at $167.6 million for Q1 2026.

  • On a quarterly basis, Operating Leases rose 19.52% to $167.6 million in Q1 2026 year-over-year; TTM through Mar 2026 was $167.6 million, a 19.52% increase, with the full-year FY2025 number at $164.8 million, up 22.2% from a year prior.
  • Operating Leases hit $167.6 million in Q1 2026 for Garmin, up from $164.8 million in the prior quarter.
  • Over the last five years, Operating Leases for GRMN hit a ceiling of $167.6 million in Q1 2026 and a floor of $82.1 million in Q1 2022.
  • Historically, Operating Leases has averaged $122.3 million across 5 years, with a median of $111.4 million in 2023.
  • Biggest five-year swings in Operating Leases: skyrocketed 63.53% in 2022 and later fell 7.74% in 2024.
  • Tracing GRMN's Operating Leases over 5 years: stood at $114.5 million in 2022, then dropped by 1.31% to $113.0 million in 2023, then grew by 19.33% to $134.9 million in 2024, then rose by 22.2% to $164.8 million in 2025, then grew by 1.68% to $167.6 million in 2026.
  • Business Quant data shows Operating Leases for GRMN at $167.6 million in Q1 2026, $164.8 million in Q4 2025, and $155.8 million in Q3 2025.