Garmin (GRMN) Share-based Compensation (2009 - 2026)
Garmin (GRMN) reported Share-based Compensation of $45.47 million for Q2 2026, up 2.2% from $44.51 million a year earlier and up 5.0% from the prior quarter.
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Analysis
Garmin (GRMN) Share-based Compensation (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Garmin's Share-based Compensation came in at $172.52 million, up 12.4% year-over-year; for FY2025, it came in at $166 million, up 21.0% from FY2024.
- Share-based Compensation has increased for three consecutive years, with a five-year compound annual growth rate of 15.5% (FY2020 to FY2025).
- By year, Share-based Compensation came in at $137.16 million in FY2024 (+35.2%), $101.42 million in FY2023 (+32.1%), $76.8 million in FY2022 (-17.0%) and $92.52 million in FY2021 (+14.4%).
- The Q2 2026 figure ranks as the highest quarterly Share-based Compensation in data going back to Q1 2009.
- Year over year, Share-based Compensation has now increased in each of the last 13 quarters, with growth averaging 19.7% over the last eight quarters.
- The high point for year-over-year Share-based Compensation in five years was Q4 2023 (growth of 86.0%); the low point was Q2 2022 (a decline of 33.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $43.32 million (Q1 2026), $41 million (Q4 2025) and $42.72 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 3.40 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 927.00 Mn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 184.00 Mn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 120.40 Mn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 67.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 54.00 Mn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 45.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 40.80 Mn |
| 10 | Garmin | 55.35 Bn | 44.71 Bn | 1.26 Bn | 45.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 45.47 Mn |
| Mar 28, 2026 | 43.32 Mn |
| Dec 27, 2025 | 41.00 Mn |
| Sep 27, 2025 | 42.72 Mn |
| Jun 28, 2025 | 44.51 Mn |
| Mar 29, 2025 | 37.77 Mn |
| Dec 28, 2024 | 36.12 Mn |
| Sep 28, 2024 | 35.06 Mn |
| Jun 29, 2024 | 35.26 Mn |
| Mar 30, 2024 | 30.72 Mn |
| Dec 30, 2023 | 35.21 Mn |
| Sep 30, 2023 | 22.82 Mn |
| Jul 1, 2023 | 22.67 Mn |
| Apr 1, 2023 | 20.73 Mn |
| Dec 31, 2022 | 18.93 Mn |
| Sep 24, 2022 | 18.12 Mn |
| Jun 25, 2022 | 15.05 Mn |
| Mar 26, 2022 | 24.71 Mn |
| Dec 25, 2021 | 23.87 Mn |
| Sep 25, 2021 | 23.36 Mn |
API Access
Garmin Share-based Compensation 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=share-based-compensation&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();