Garmin (GRMN) Shares Outstanding (Diluted) (2009 - 2026)
Garmin's Shares Outstanding (Diluted) came in at 193.47 million for Q2 2026, unchanged from 193.42 million a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Garmin (GRMN) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Garmin's Shares Outstanding (Diluted) was 193.62 million, up 0.2% from FY2024.
- Shares Outstanding (Diluted) carries a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Going back by year, 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 five-year range for quarterly Shares Outstanding (Diluted) is 191.6 million (Q2 2023) to 193.72 million (Q1 2025).
- Year-over-year, Shares Outstanding (Diluted) increased in six of the last eight quarters, with growth averaging 0.3%.
- The fastest year-over-year change in 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 Shares Outstanding (Diluted) at 193.57 million (Q1 2026), 193.62 million (Q4 2025) and 193.53 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 14.71 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 3.99 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 652.00 Mn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 1.28 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 155.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 229.00 Mn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 383.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 6.01 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 74.60 Mn |
| 10 | Garmin | 55.35 Bn | 44.71 Bn | 1.26 Bn | 193.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 25, 2021 | 193.19 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();