Garmin (GRMN) Shares Outstanding (Diluted) (2009 - 2026)
Garmin's Weighted Average Shares Outstanding (Diluted) came in at 193.62 million for Q3 2026, unchanged from 193.53 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Garmin (GRMN) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Going back to Q1 2009, Garmin's Weighted Average Shares Outstanding (Diluted) data covers 67 quarters.
- Weighted Average Shares Outstanding (Diluted) carries a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding (Diluted) was 193.28 million in FY2024 (+0.6%), 192.06 million in FY2023 (-0.5%), 193.04 million in FY2022 (unchanged) and 193.04 million in FY2021 (+0.6%).
- The Q3 2026 figure represents the highest quarterly Weighted Average Shares Outstanding (Diluted) since Q1 2025.
- Year-over-year, Weighted Average Shares Outstanding (Diluted) increased in five of the last eight quarters, with growth averaging 0.2%.
- The fastest year-over-year change in Weighted Average Shares Outstanding (Diluted) over five years came in Q2 2024 (growth of 0.7%), and the weakest in Q2 2023 (a decline of 1.0%).
- Business Quant data shows GRMN's Weighted Average Shares Outstanding (Diluted) at 193.47 million (Q2 2026), 193.57 million (Q1 2026) and 193.62 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 14.72 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | 3.99 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 1.28 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 652.00 Mn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 6.01 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 154.00 Mn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 232.00 Mn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 384.00 Mn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 1.45 Bn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | 193.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 193.62 Mn |
| Jun 27, 2026 | 193.47 Mn |
| Mar 28, 2026 | 193.57 Mn |
| Dec 27, 2025 | 193.62 Mn |
| Sep 27, 2025 | 193.53 Mn |
| Jun 28, 2025 | 193.42 Mn |
| Mar 29, 2025 | 193.72 Mn |
| Dec 28, 2024 | 193.28 Mn |
| Sep 28, 2024 | 193.17 Mn |
| Jun 29, 2024 | 192.90 Mn |
| Mar 30, 2024 | 192.70 Mn |
| Dec 30, 2023 | 192.06 Mn |
| Sep 30, 2023 | 191.87 Mn |
| Jul 1, 2023 | 191.60 Mn |
| Apr 1, 2023 | 191.89 Mn |
| Dec 31, 2022 | 193.04 Mn |
| Sep 24, 2022 | 193.11 Mn |
| Jun 25, 2022 | 193.45 Mn |
| Mar 26, 2022 | 193.58 Mn |
| Dec 25, 2021 | 193.04 Mn |
API Access
Garmin Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();