Garmin (GRMN) Operating Leases (2019 - 2026)

Garmin has disclosed Operating Leases across 8 years of filings, most recently posting $178.0 million for Q2 2026.

• In Q2 2026, Operating Leases rose 19.75% year-over-year to $178.0 million; the TTM figure through Jun 2026 stood at $178.0 million (up 19.75% YoY), while the FY2025 annual figure was $164.8 million, up 22.2% from the prior year.
• Operating Leases came in at $178.0 million for Q2 2026 at Garmin, up from $167.6 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $178.0 million in Q2 2026 to a low of $82.1 million in Q1 2022.
• Average Operating Leases over 5 years is $125.4 million, with a median of $112.2 million recorded in 2023.
• Year-over-year, Operating Leases soared 63.53% in 2022 and decreased 7.74% in 2024.
• Over 5 years, Operating Leases stood at $114.5 million in 2022, then fell by 1.31% to $113.0 million in 2023, then climbed by 19.33% to $134.9 million in 2024, then increased by 22.2% to $164.8 million in 2025, then rose by 7.96% to $178.0 million in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $178.0 million in Q2 2026, $167.6 million in Q1 2026, and $164.8 million in Q4 2025.