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) Shares outstanding
Garmin Ltd.'s shares outstanding at the end of fiscal 2025 was $193.6M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $193.5M. Over the past ten years it has ranged from $188.7M (fiscal 2017) to $193.6M (fiscal 2025) — the current reading is the highest in ten years. Garmin Ltd. ranks 5th of 34 Scientific & Technical Instruments companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $193.6M | 0.17% |
| FY2024 | $193.3M | 0.64% |
| FY2023 | $192.1M | (0.51%) |
| FY2022 | $193.0M | 0.00% |
| FY2021 | $193.0M | 0.60% |
| FY2020 | $191.9M | 0.52% |
| FY2019 | $190.9M | 0.61% |
| FY2018 | $189.7M | 0.53% |
| FY2017 | $188.7M | (0.32%) |
| FY2016 | $189.3M | (0.92%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $193.5M | (0.05%) |
| Mar 2026 | $193.6M | (0.03%) |
| Dec 2025 | $193.6M | 0.04% |
| Sep 2025 | $193.5M | 0.06% |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| FTV Fortive Corporation compare | $307.6M |
| TRMB Trimble Inc. compare | $233.0M |
| COHR Coherent Corp. compare | $195.4M |
| GRMN Garmin Ltd. | $193.5M |
| KEYS Keysight Technologies Inc. compare | $173.0M |
| CGNX Cognex Corporation compare | $170.0M |
| MKSI MKS Inc. compare | $72.7M |
| TDY Teledyne Technologies Incorporated compare | $46.9M |
| ESE ESCO Technologies Inc. compare | $26.0M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
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- Free cash flow
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- Net margin
- Free cash flow margin
- P/E ratio
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- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
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