Garmin Ltd.
GRMN Technology Scientific & Technical Instruments
Garmin Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 15.1% from fiscal 2024. In the quarter to June 2026, revenue grew 11.4%, EPS grew 35.1% and free cash flow grew 116.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.
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Garmin Ltd. (GRMN) Operating cash flow
Garmin Ltd.'s operating cash flow for fiscal 2025 was $1.6B, up 14.0% from $1.4B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.0B. Over the past ten years it has ranged from $280.5M (fiscal 2015) to $1.6B (fiscal 2025) — the current reading is the highest in ten years. Operating cash flow has risen for 3 consecutive fiscal years. Garmin Ltd. ranks 1st of 34 Scientific & Technical Instruments companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $1.6B | 14.02% |
| FY2024 | $1.4B | 4.08% |
| FY2023 | $1.4B | 74.60% |
| FY2022 | $788.3M | (22.14%) |
| FY2021 | $1.0B | (10.82%) |
| FY2020 | $1.1B | 62.52% |
| FY2019 | $698.5M | (24.03%) |
| FY2018 | $919.5M | 39.14% |
| FY2017 | $660.8M | (6.35%) |
| FY2016 | $705.7M | 151.61% |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | $403.6M | (24.71%) |
| Mar 2026 | $536.0M | (3.21%) |
| Dec 2025 | $553.8M | 14.04% |
| Sep 2025 | $485.6M | 180.43% |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| GRMN Garmin Ltd. | $2.0B |
| KEYS Keysight Technologies Inc. compare | $1.6B |
| TDY Teledyne Technologies Incorporated compare | $1.3B |
| FTV Fortive Corporation compare | $1.1B |
| TRMB Trimble Inc. compare | $799.1M |
| MKSI MKS Inc. compare | $635.0M |
| CGNX Cognex Corporation compare | $276.6M |
| ESE ESCO Technologies Inc. compare | $244.0M |
| COHR Coherent Corp. compare | $79.5M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- Net income
- EPS (diluted)
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- Free cash flow
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- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Shares outstanding
- Book value per share
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