Garmin Quarterly Cash Flow Statement
NYSE: GRMNIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Garmin free cash flow
In the quarter ended Mar 28, 2026, Garmin generated $536.0 million of operating cash flow and spent $66.6 million on capital expenditures. That left free cash flow of $469.4 million, a free-cash-flow margin of 26.8% of revenue. Free cash flow was up 23.3% from the prior year's $380.7 million.
Garmin returned $173.6 million to shareholders through dividends, equal to 37% of free cash flow. Free cash flow covered dividend payments 2.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Garmin cash flow statement (quarterly)
| Quarter (USD) | Q1 20262026-03-28 | Q4 20252025-12-27 | Q3 20252025-09-27 | Q2 20252025-06-28 | Q1 20252025-03-29 | Q4 20242024-12-28 | Q3 20242024-09-28 | Q2 20242024-06-29 | Q1 20242024-03-30 | Q4 20232023-12-30 | Q3 20232023-09-30 | Q2 20232023-07-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 405.08M | 528.68M | 401.62M | 400.82M | 332.77M | 435.73M | 399.11M | 300.63M | 275.96M | 542.13M | 257.24M | 287.94M |
| Net Income growth (YoY) | +21.73% | +21.33% | +0.63% | +33.33% | +20.59% | -19.63% | +55.15% | +4.41% | +36.39% | +84.85% | +22.00% | +11.66% |
| Depreciation & Amortization | 40.42M | 36.98M | 39.65M | 38.52M | 37.46M | 38.15M | 34.45M | 34.00M | 33.89M | 33.86M | 33.67M | 32.86M |
| Stock-Based Compensation | 43.32M | 41.00M | 42.72M | 44.51M | 37.77M | 36.12M | 35.06M | 35.26M | 30.72M | 35.21M | 22.82M | 22.66M |
| Change in Working Capital | 86.20M | -104.39M | -59.23M | -247.72M | 15.23M | -78.16M | -162.54M | -87.68M | 58.59M | 66.55M | 85.92M | 40.02M |
| Operating Cash Flow | 535.99M | 553.78M | 485.62M | 173.17M | 420.79M | 483.89M | 257.95M | 255.32M | 435.31M | 465.94M | 357.41M | 273.70M |
| Capital Expenditures | -66.62M | -124.17M | -60.53M | -45.68M | -40.06M | -84.70M | -38.54M | -37.16M | -33.17M | -48.65M | -45.53M | -52.53M |
| Investing Cash Flow | -252.37M | -131.41M | -267.72M | -113.51M | -132.60M | -202.57M | -47.61M | -106.28M | -36.88M | -65.28M | -197.56M | -62.23M |
| Dividends Paid | -173.64M | -172.97M | -173.17M | -173.18M | -144.57M | -143.98M | -144.13M | -144.03M | -140.21M | -139.60M | -139.72M | -139.59M |
| Financing Cash Flow | -260.05M | -218.60M | -209.73M | -210.94M | -204.81M | -177.42M | -163.74M | -129.49M | -156.20M | -150.36M | -149.08M | -144.78M |
| Net Change in Cash | 11.28M | 205.81M | 640.00K | -103.30M | 96.05M | 70.08M | 71.90M | 15.70M | 228.32M | 270.62M | -2.67M | 63.89M |
| Free Cash Flow | 469.37M | 429.61M | 425.08M | 127.50M | 380.73M | 399.19M | 219.41M | 218.16M | 402.14M | 417.29M | 311.88M | 221.17M |
This table shows 12 quarterly periods of Garmin's cash flow statement, from Q1 2026 back to Q2 2023, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow GRMN's reporting calendar. What is a cash flow statement?