GRMN Stock Balance Sheets

Garmin Quarterly Balance Sheets Chart

Quarterly

Annual

Goodwill

Account Receivables

Cash and Cash Eq

Account Payables

Deferred Revenue

Inventory

Garmin Quarterly Balance Sheets Table

Quarterly

Annual

Unit: USD	2025-06-28	2025-03-29	2024-09-28	2024-06-29	2024-03-30	2023-09-30	2023-07-01	2023-04-01	2022-09-24	2022-06-25	2022-03-26	2021-09-25	2021-06-26	2021-03-27	2020-12-26	2020-09-26	2020-06-27	2020-03-28	2019-12-28	2019-09-28	2019-03-30	2018-12-29	2018-09-29	2018-06-30	2018-03-31	2017-12-30	2017-09-30	2017-07-01	2017-04-01	2016-12-31	2016-12-26	2016-06-25	2016-03-26	2015-12-26	2015-06-27	2015-03-28	2014-12-28	2014-12-27	2014-06-28	2011-12-25	2011-06-25	2011-03-26	2010-12-25	2010-09-25	2010-06-26	2010-03-27	2009-12-26	2009-09-26	2009-06-27	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29	2007-12-29	2007-09-29	2007-06-30	2007-03-31	2006-12-30	2006-09-30	2006-07-01	2006-04-01	2005-12-31	2005-09-24

assets
current assets:
cash and cash equivalents	2,072,208,000	2,175,515,000	2,009,361,000	1,937,483,000	1,921,782,000	1,422,855,000	1,425,526,000	1,361,593,000	1,082,338,000	1,087,381,000	1,417,531,000	1,639,056,000	1,639,447,000	1,599,475,000	1,458,442,000	1,223,516,000	1,354,924,000	1,048,604,000	1,027,567,000	976,402,000	1,115,951,000	1,201,732,000	1,056,397,000	946,656,000	898,981,000	891,488,000	891,279,000	859,560,000	833,577,000	846,883,000	912,559,000	801,464,000	857,679,000	833,070,000	938,183,000	1,171,388,000	1,154,558,000	1,196,268,000	1,234,886,000	1,389,406,000	1,418,871,000	1,210,615,000	1,260,936,000	1,235,965,000	1,173,169,000	1,291,343,000	1,091,581,000	1,011,763,000	958,909,000	922,329,000	696,335,000	521,540,000	624,482,000	598,815	707,689,000	703,749,000	667,671,000	479,380,000	337,321,000	351,723,000	373,944,000	314,623,000	334,352,000	331,245,000
marketable securities	515,038,000	498,995,000	414,701,000	288,659,000	274,579,000	273,050,000	253,689,000	188,878,000	378,705,000	526,639,000	375,237,000	345,214,000	330,567,000	342,656,000	387,642,000	430,164,000	380,880,000	391,646,000	376,463,000	300,542,000	197,385,000	182,989,000	173,697,000	173,318,000	167,745,000	161,687,000	253,699,000	248,904,000	258,400,000	266,952,000	201,560,000	252,253,000	198,147,000	215,161,000	199,007,000	270,212,000	151,366,000	167,989,000	160,901,000	72,784,000	62,626,000	41,723,000	24,418,000	21,920,000	18,622,000	19,635,000	19,583,000	17,643,000	18,889,000	15,747,000	12,886,000	18,048,000	36,335,000	17,976	37,551,000	58,668,000	147,435,000	93,674,000	73,033,000	109,609,000	46,805,000	46,249,000	32,050,000	36,048,000
accounts receivable	1,010,578,000	787,133,000	922,034,000	808,446,000	694,690,000	721,137,000	716,802,000	610,654,000	641,072,000	698,859,000	599,733,000	639,345,000	737,268,000	558,192,000		658,000,000	523,901,000	500,242,000		558,299,000	453,069,000		467,784,000	533,076,000	409,704,000		457,391,000	514,942,000	391,345,000		461,355,000	510,309,000	408,283,000		502,034,000	425,650,000	478,722,000		496,979,000	519,226,000	493,057,000	434,935,000		524,924,000	499,324,000	418,520,000		573,847,000	519,433,000	420,081,000		678,750,000	679,789,000	515,648		520,538,000	506,483,000	334,010,000		249,849,000	295,795,000	200,251,000		151,777,000
inventories	1,788,020,000	1,581,952,000	1,505,536,000	1,319,643,000	1,302,230,000	1,439,894,000	1,402,225,000	1,478,997,000	1,533,271,000	1,454,868,000	1,339,530,000	1,113,503,000	938,607,000	837,934,000	762,084,000	821,377,000	813,243,000	790,180,000	752,908,000	749,825,000	598,387,000	561,840,000	556,640,000	501,490,000	547,412,000	517,644,000	575,335,000	525,167,000	533,151,000	484,821,000	534,683,000	508,161,000	517,767,000	500,554,000	458,451,000	470,444,000	466,482,000	420,475,000	429,673,000	461,304,000	385,678,000	411,021,000	387,577,000	494,354,000	358,576,000	356,073,000	309,938,000	373,290,000	323,161,000	353,532,000	425,312,000	698,927,000	656,018,000	676,051	505,467,000	493,739,000	290,682,000	283,200,000	271,008,000	333,471,000	227,912,000	200,253,000	199,841,000	173,198,000
deferred costs	18,518,000	21,077,000	23,385,000	20,946,000	18,329,000	15,296,000	15,243,000	14,573,000	14,398,000	14,541,000	15,003,000	16,046,000	16,966,000	18,175,000	20,145,000	21,067,000	22,033,000	23,650,000	25,105,000	26,450,000	27,567,000	28,462,000	28,235,000	31,924,000	29,327,000	48,312,000	47,483,000	49,603,000	46,124,000	47,395,000	46,569,000	46,552,000	50,861,000	49,176,000	48,033,000	48,824,000	52,113,000	51,336,000	47,886,000	31,780,000	28,343,000	22,943,000	20,053,000
prepaid expenses and other current assets	415,069,000	380,512,000	334,488,000	322,041,000	305,674,000	284,682,000	297,516,000	309,303,000	318,339,000	340,329,000	335,169,000	255,802,000	220,910,000	201,488,000	191,569,000	187,746,000	163,458,000	174,564,000	169,044,000	146,325,000	119,778,000	120,512,000	117,866,000	137,118,000	138,114,000	153,912,000	107,287,000	106,758,000	94,313,000	89,903,000	90,733,000	93,848,000	96,396,000	81,645,000	83,730,000	57,624,000	59,058,000	48,615,000	58,748,000	53,117,000	46,261,000	38,018,000	24,894,000	35,807,000	52,758,000	63,427,000	39,470,000	49,569,000	65,081,000	55,348,000	58,746,000	32,204,000	27,712,000	24,129	22,179,000	23,538,000	19,104,000	25,136,000	28,202,000	25,034,000	34,358,000	46,361,000	34,312,000	17,834,000
total current assets	5,819,431,000	5,445,184,000	5,209,505,000	4,697,218,000	4,517,284,000	4,156,914,000	4,111,001,000	3,963,998,000	3,968,123,000	4,122,617,000	4,082,203,000	4,008,966,000	3,883,765,000	3,557,920,000	3,669,351,000	3,341,870,000	3,258,439,000	2,928,886,000	3,057,850,000	2,757,843,000	2,512,137,000	2,665,368,000	2,400,619,000	2,323,582,000	2,191,283,000	2,363,925,000	2,332,474,000	2,304,934,000	2,156,910,000	2,263,016,000	2,247,459,000	2,212,587,000	2,129,133,000	2,211,087,000	2,283,296,000	2,500,307,000	2,421,485,000	2,510,976,000	2,496,569,000	2,553,914,000	2,462,527,000	2,192,837,000	2,498,755,000	2,371,398,000	2,159,517,000	2,209,359,000	2,393,871,000	2,078,936,000	1,944,804,000	1,827,832,000	1,984,425,000	2,036,578,000	2,117,571,000	1,931,125	2,332,775,000	1,857,932,000	1,688,309,000	1,270,538,000	1,169,084,000	1,132,345,000	1,023,863,000	844,460,000	801,167,000	757,723,000
property and equipment, net of accumulated depreciation of 1,255,042 and 1,139,156	1,290,714,000
operating lease right-of-use assets	179,299,000	170,703,000	137,665,000	130,302,000	136,285,000	140,635,000	134,995,000	134,569,000	121,937,000	128,615,000	101,198,000	89,934,000	93,097,000	92,942,000	94,626,000	74,949,000	76,214,000	66,497,000	63,589,000	55,399,000	54,978,000
noncurrent marketable securities	1,285,887,000	1,226,464,000	1,106,532,000	1,192,190,000	1,133,958,000	1,081,674,000	1,100,259,000	1,163,989,000	1,236,350,000	1,247,490,000	1,238,500,000
deferred income tax assets	852,551,000	831,817,000	787,849,000	777,019,000	763,083,000	514,876,000	493,943,000	455,095,000	390,105,000	347,998,000	301,718,000
noncurrent deferred costs	5,222,000	5,783,000	7,994,000	8,921,000	10,480,000	10,538,000	10,451,000	9,504,000	10,393,000	10,818,000	11,396,000	13,035,000	13,814,000	14,520,000	16,510,000	17,676,000	18,748,000	21,436,000	23,493,000	25,156,000	28,428,000	29,473,000	29,732,000	30,663,000	32,428,000	73,851,000	69,286,000	62,741,000	57,579,000	56,151,000	51,395,000	47,535,000	39,663,000	38,769,000	32,504,000	32,142,000	35,272,000	36,140,000	40,853,000	36,134,000	31,047,000	25,700,000	24,685,000
goodwill	640,554,000	616,955,000	611,884,000	599,606,000	601,618,000	594,449,000	572,985,000	571,534,000	540,740,000	561,395,000	572,996,000
other intangible assets	147,285,000	150,026,000	168,230,000	168,392,000	176,647,000	185,835,000	165,591,000	172,685,000	179,890,000	194,070,000	209,325,000																										221,566,000		213,242,000	255,618,000	181,004,000	184,821,000	183,352,000	196,132,000	184,888,000	200,501,000	206,256,000	212,070,000	208,888,000	208,691,000	214,941,000	207,889,000	210,323,000	202,534	181,358,000	149,277,000	131,186,000	132,888,000	64,273,000	28,116,000	29,179,000	29,330,000	29,349,000
other noncurrent assets	103,133,000	107,477,000	97,960,000	103,654,000	88,124,000	92,726,000	101,921,000	89,622,000	79,811,000	87,131,000	93,393,000
total assets	10,324,076,000	9,787,622,000	9,347,732,000	8,883,322,000	8,633,880,000	7,965,022,000	7,871,800,000	7,726,031,000	7,627,606,000	7,813,696,000	7,703,249,000	7,571,489,000	7,402,724,000	6,999,729,000	7,031,373,000	6,550,669,000	6,220,042,000	6,053,993,000	6,166,799,000	5,755,105,000	5,280,145,000	5,382,858,000	5,095,967,000	4,988,720,000	4,855,222,000	5,010,260,000	4,835,391,000	4,748,772,000	4,600,681,000	4,525,133,000	4,591,906,000	4,527,583,000	4,410,324,000	4,499,391,000	4,423,409,000	4,543,279,000	4,669,364,000	4,693,303,000	4,741,802,000	4,334,885,000	4,198,455,000	3,937,509,000	3,988,688,000	3,658,018,000	3,431,359,000	3,551,528,000	3,825,874,000	3,516,551,000	3,144,366,000	2,794,189,000	2,924,581,000	3,015,313,000	3,132,031,000	3,083,398	3,291,460,000	2,645,500,000	2,444,601,000	2,017,168,000	1,897,020,000	1,799,537,000	1,661,857,000	1,471,499,000	1,362,235,000	1,304,726,000
liabilities and stockholders’ equity
current liabilities:
accounts payable	397,303,000	344,804,000	374,025,000	331,938,000	243,087,000	268,030,000	253,803,000	208,796,000	268,674,000	319,732,000	298,992,000	318,604,000	303,947,000	250,789,000	258,885,000	235,467,000	193,216,000	200,281,000	240,831,000	235,548,000	170,474,000	204,985,000	197,069,000	166,499,000	136,132,000	169,640,000	158,591,000	161,398,000	136,901,000	172,404,000	148,030,000	151,904,000	137,162,000	178,905,000	146,088,000	125,745,000	144,882,000	149,094,000	132,581,000	182,651,000	125,680,000	118,845,000	132,348,000	194,894,000	150,519,000	109,904,000	203,388,000	185,668,000	137,360,000	79,453,000	160,094,000	217,122,000	179,212,000	213,766	341,053,000	236,044,000	167,339,000	110,119,000	88,375,000	125,236,000	89,635,000	68,809,000	76,516,000	50,210,000
salaries and benefits payable	193,598,000	204,589,000	218,941,000	172,284,000	192,832,000	196,665,000	157,774,000	164,812,000	184,802,000	178,670,000	170,835,000	173,566,000	160,815,000	148,558,000	181,937,000	137,859,000	123,404,000	110,611,000	128,426,000	109,323,000	95,881,000	113,087,000	101,190,000	95,969,000	90,137,000	102,802,000	89,124,000	86,955,000	69,892,000	88,818,000	86,104,000	68,067,000	75,862,000	70,601,000	55,185,000	63,775,000	67,496,000	62,764,000	52,689,000	46,591,000	37,393,000	34,811,000	49,288,000	37,299,000	36,568,000	34,017,000	45,236,000	32,787,000	28,396,000	28,426,000	34,241,000	41,633,000	35,081,000	34,618	31,696,000	32,524,000	26,056,000	16,364,000	16,268,000	21,233,000	17,782,000	10,277,000	13,005,000	8,510,000
accrued warranty costs	71,197,000	61,142,000	57,983,000	58,253,000	55,219,000	53,533,000	52,352,000	52,675,000	39,925,000	39,949,000	40,698,000	42,849,000	44,575,000	39,288,000	42,643,000	40,002,000	39,293,000	39,368,000	39,758,000	37,998,000	35,042,000	38,276,000	35,960,000	38,429,000	35,422,000	36,827,000	35,669,000	37,012,000	34,427,000	37,233,000	38,872,000	34,670,000	31,407,000	30,449,000	26,101,000	23,866,000	26,543,000	27,609,000	27,349,000	43,473,000	41,691,000	44,030,000	49,885,000	44,023,000	41,445,000	58,814,000	87,424,000	83,081,000	79,968,000	68,847,000	87,408,000	81,291,000	83,918,000	72,751	71,636,000	55,225,000	49,725,000	39,281,000	37,639,000	28,973,000	24,906,000	20,179,000	18,817,000
accrued sales program costs	104,310,000	71,765,000	75,802,000	90,191,000	77,592,000	71,558,000	80,708,000	58,332,000	75,182,000	89,981,000	68,715,000	78,251,000	97,213,000	64,557,000	109,891,000	76,255,000	66,696,000	58,678,000	112,578,000	58,459,000	54,597,000	90,388,000	59,708,000	65,477,000	56,266,000	93,250,000	53,826,000	51,531,000	46,468,000	80,953,000	49,172,000	49,538,000	49,236,000	67,613,000	40,924,000	37,049,000	38,699,000	58,934,000	33,436,000	44,549,000	48,929,000	49,463,000	107,261,000	57,557,000	46,656,000	41,201,000	119,150,000	56,318,000	69,554,000	58,039,000	90,337,000				142,360,000				32,560,000				9,038,000
other accrued expenses	254,359,000	209,473,000	222,925,000	196,381,000	191,474,000	208,717,000	191,510,000	178,264,000	195,117,000	216,862,000	209,155,000	146,426,000	140,807,000	137,968,000	149,817,000	105,731,000	98,097,000	94,760,000	95,060,000	87,333,000	81,919,000	69,777,000	67,426,000	66,776,000	69,949,000	93,652,000	105,783,000	95,626,000	79,986,000	70,469,000	81,313,000	77,442,000	75,217,000	74,926,000	76,003,000	68,998,000	77,157,000	67,780,000	70,399,000	97,081,000	70,622,000	58,164,000	63,043,000	111,559,000	81,162,000	63,877,000	40,373,000	141,021,000	94,118,000	47,083,000	87,021,000	154,102,000	166,655,000	129,415	90,731,000	131,959,000	115,208,000	65,738,000	68,172,000	75,314,000	69,630,000	28,939,000	14,955,000	28,959,000
deferred revenue	108,444,000	105,716,000	113,049,000	105,999,000	100,740,000	98,289,000	95,618,000	90,568,000	88,563,000	86,553,000	86,444,000	87,770,000	85,888,000	83,891,000	86,865,000	88,042,000	87,727,000	89,817,000	94,562,000	95,572,000	93,653,000	96,372,000	97,604,000	98,526,000	98,660,000	139,681,000	138,570,000	145,603,000	140,452,000	146,564,000	146,384,000	150,587,000	154,965,000	164,982,000	174,365,000	185,899,000	210,621,000	203,598,000	221,079,000	139,528,000	134,341,000	104,818,000	89,711,000	61,731,000	46,620,000	35,835,000	27,910,000	48,621,000
income taxes payable	282,988,000	332,217,000	227,735,000	236,708,000	256,442,000	151,559,000	199,087,000	254,753,000	169,665,000	127,685,000	148,268,000	109,862,000	78,797,000	67,064,000	68,585,000	48,342,000	54,894,000	54,466,000	56,913,000	60,728,000	55,929,000	51,642,000	43,519,000	40,016,000	37,825,000	33,638,000	15,250,000	10,961,000	20,288,000	16,163,000	24,004,000	24,714,000	14,524,000	21,674,000	10,609,000	190,594,000	197,846,000	182,260,000	34,135,000	20,163,000	13,795,000	29,959,000	56,028,000	42,959,000	11,312,000	25,816,000	22,846,000	14,102,000	20,142,000	20,314,000	20,075,000	50,994,000	51,104,000	16,163	76,895,000	35,033,000	16,975,000	11,918,000	94,668,000	86,020,000	63,298,000	68,879,000	63,154,000	63,744,000
dividend payable	519,863,000		288,204,000	432,569,000		279,447,000	418,801,000		420,995,000	564,454,000	129,394,000	386,567,000	515,307,000	117,205,000	233,644,000	349,964,000	466,465,000	108,880,000	217,262,000	325,075,000		200,483,000	200,124,000	300,187,000		95,975,000	191,238,000	286,865,000		96,168,000	288,540,000	384,760,000	96,425,000	192,991,000	389,287,000	91,964,000	277,378,000	185,326,000	369,826,000	232,889,000	388,148,000					299,957,000		150,447,000				151,900,000	157,498,000							108,389,000	108,389,000
total current liabilities	1,932,062,000	1,329,706,000	1,578,664,000	1,624,323,000	1,117,386,000	1,327,798,000	1,449,653,000	1,008,200,000	1,442,923,000	1,623,886,000	1,152,501,000	1,373,939,000	1,458,830,000	933,125,000	1,164,217,000	1,122,956,000	1,163,927,000	781,872,000	1,035,933,000	1,042,955,000	622,526,000	921,313,000	854,026,000	929,147,000	557,843,000	828,656,000	846,045,000	928,509,000	571,459,000	782,735,000	919,995,000	1,010,429,000	680,720,000	865,998,000	961,681,000	824,261,000	1,123,483,000	1,033,261,000	969,250,000	914,072,000	916,087,000	469,913,000	669,037,000	569,527,000	436,436,000	679,556,000	683,668,000	712,045,000	429,538,000	302,162,000	479,176,000	697,042,000	673,468,000	466,713	801,883,000	567,962,000	428,152,000	243,420,000	337,682,000	445,165,000	373,640,000	197,083,000	195,485,000	222,191,000
deferred income tax liabilities	89,194,000	104,923,000	104,996,000	102,951,000	113,932,000	116,419,000	116,651,000	131,753,000	117,941,000	118,062,000	117,649,000
noncurrent income taxes payable	3,704,000	6,951,000	16,864,000	16,480,000	16,128,000	24,577,000	34,613,000	34,936,000	50,943,000	60,233,000	62,732,000
noncurrent deferred revenue	24,553,000	25,526,000	30,227,000	31,848,000	33,928,000	35,525,000	35,939,000	34,378,000	37,068,000	38,297,000	39,061,000	42,022,000	43,554,000	44,856,000	49,934,000	52,715,000	54,860,000	61,992,000	67,329,000	69,600,000	72,531,000	76,566,000	77,634,000	84,156,000	83,222,000	163,840,000	155,814,000	145,582,000
noncurrent operating lease liabilities	148,608,000	140,235,000	109,832,000	102,167,000	105,859,000	111,035,000	110,740,000	111,388,000	100,181,000	106,952,000	82,127,000	71,527,000	74,336,000	74,741,000	75,958,000	58,416,000	60,000,000	52,834,000	49,238,000	42,855,000	43,277,000
other noncurrent liabilities	844,000	803,000	602,000	571,000	550,000	388,000	382,000	372,000	361,000	333,000	337,000
stockholders’ equity:
common shares	19,490,000	19,490,000	19,490,000	19,490,000	19,490,000
additional paid-in capital	2,317,294,000	2,255,968,000	2,218,170,000	2,183,158,000	2,135,384,000	2,100,357,000	2,077,540,000	2,048,339,000	2,027,019,000	2,008,931,000	1,982,561,000	1,950,464,000	1,927,137,000	1,892,934,000	1,880,354,000	1,872,519,000	1,851,695,000	1,830,052,000	1,835,622,000	1,841,696,000	1,810,196,000	1,823,638,000	1,842,551,000	1,828,515,000	1,818,532,000	1,828,386,000	1,851,529,000	1,839,587,000	1,831,824,000	1,836,047,000	1,862,801,000	73,279,000	70,413,000	62,239,000	85,233,000	80,598,000	92,144,000	73,521,000	87,357,000	61,309,000	53,707,000	45,435,000	38,268,000	11,673,000			32,221,000	35,428,000	23,264,000	8,885,000				54,502	132,264,000	123,025,000	105,525,000	92,423,000	83,438,000	71,666,000	117,465,000	109,781,000	96,242,000	88,948,000
treasury shares	-356,358,000	-301,804,000	-243,994,000	-223,899,000	-226,921,000
retained earnings	6,039,512,000	6,331,735,000	5,563,576,000	5,164,227,000	5,440,200,000	4,721,555,000	4,464,682,000	4,935,730,000	4,439,004,000	4,225,521,000	4,532,102,000	4,034,912,000	3,775,874,000	3,974,184,000	3,754,372,000	3,421,159,000	3,107,768,000	3,390,053,000	3,229,061,000	2,868,816,000	2,850,588,000	2,710,619,000	2,520,828,000	2,336,614,000	2,546,400,000	2,368,874,000	2,230,489,000	2,083,076,000	2,294,654,000	2,056,702,000	1,919,846,000	1,794,792,000	2,018,609,000	1,930,517,000	1,676,601,000	1,928,165,000	1,649,727,000	1,859,972,000	1,796,561,000	1,248,443,000	1,097,970,000	1,377,007,000	1,264,613,000	1,136,374,000	2,648,589,000	2,552,920,000	2,816,607,000	2,537,598,000	2,472,912,000	2,311,044,000	2,262,503,000	2,139,214,000	2,258,730,000	2,318,914	2,171,134,000	1,863,867,000	1,832,891,000	1,618,515,000	1,478,654,000	1,297,843,000	1,174,866,000	1,159,970,000	1,072,454,000	985,293,000
accumulated other comprehensive income	105,173,000	-125,911,000	-50,695,000	-137,994,000	-122,056,000	-160,827,000	-115,300,000	-86,566,000	-206,839,000	-70,612,000	10,911,000	154,756,000	166,627,000	140,252,000	183,427,000	118,978,000	89,729,000	31,807,000	55,874,000	20,590,000	18,338,000	8,430,000	4,624,000	9,732,000	64,442,000	56,045,000	46,487,000	40,147,000	32,464,000	-36,761,000	25,766,000	-1,403,000	-14,864,000	-30,428,000	24,075,000	16,575,000	47,170,000	2,571,000	73,293,000	74,686,000	129,681,000	91,370,000											49,869,000	92,950
total stockholders’ equity	8,125,111,000	8,179,478,000	7,506,547,000	7,004,982,000	7,246,097,000	6,349,280,000	6,123,822,000	6,405,004,000	5,878,189,000	5,865,933,000	6,248,842,000	5,854,738,000	5,584,248,000	5,715,827,000	5,516,116,000	5,104,341,000	4,740,861,000	4,934,400,000	4,793,496,000	4,380,894,000	4,315,286,000	4,162,974,000	3,952,708,000		3,997,193,000																																							1,068,432,000
total liabilities and stockholders’ equity	10,324,076,000	9,787,622,000	9,347,732,000	8,883,322,000	8,633,880,000	7,965,022,000	7,871,800,000	7,726,031,000	7,627,606,000	7,813,696,000	7,703,249,000	7,571,489,000	7,402,724,000	6,999,729,000	7,031,373,000	6,550,669,000	6,220,042,000	6,053,993,000	6,166,799,000	5,755,105,000	5,280,145,000	5,382,858,000	5,095,967,000																																									1,304,726,000
property and equipment, net of accumulated depreciation of 1,174,579 and 1,139,156		1,233,213,000
property and equipment, net of accumulated depreciation of 1,120,096 and 1,030,588			1,220,113,000
property and equipment, net of accumulated depreciation of 1,076,312 and 1,030,588				1,206,020,000
property and equipment, net of accumulated depreciation of 1,048,936 and 1,030,588					1,206,401,000
property and equipment, net of accumulated depreciation of 982,405 and 904,922						1,187,375,000
shares						19,588,000	19,588,000
treasury stock						-331,393,000	-322,688,000	-510,478,000	-398,974,000	-315,886,000	-294,711,000	-303,373,000	-303,369,000	-309,522,000	-320,016,000	-326,294,000	-326,310,000	-335,491,000	-345,040,000	-368,187,000	-381,815,000	-397,692,000	-433,274,000	-433,959,000	-450,160,000	-468,818,000	-506,799,000	-496,342,000	-474,859,000	-455,964,000	-464,163,000	-445,268,000	-434,346,000	-414,637,000	-374,839,000	-345,143,000	-350,063,000	-330,132,000	-274,030,000	-113,681,000	-116,099,000	-118,018,000	-106,758,000	-123,563,000
property and equipment, net of accumulated depreciation of 960,129 and 904,922							1,180,654,000
property and equipment, net of accumulated depreciation of 934,438 and 904,922, respectively								1,165,035,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 191,450 shares outstanding at april 1, 2023 and 191,623 shares outstanding at december 31, 2022								17,979,000
property and equipment									1,100,257,000	1,113,562,000	1,092,520,000	974,981,000	957,924,000	861,382,000	855,539,000	813,561,000	791,175,000	754,549,000		710,591,000	672,299,000		650,805,000	637,245,000	604,813,000		554,441,000	517,290,000	503,840,000		454,246,000	450,654,000	448,967,000		445,672,000	436,104,000	431,753,000		428,482,000	423,041,000	423,697,000	427,110,000		427,856,000	426,805,000	432,606,000		444,172,000	443,026,000	440,611,000		453,419,000	449,727,000	392,001		358,578,000	350,299,000	257,935,000		209,135,000	195,383,000	188,820,000		177,064,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 192,180 shares outstanding at september 24, 2022 and 192,608 shares outstanding at december 25, 2021									17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 193,058 shares outstanding at june 25, 2022 and 192,608 shares outstanding at december 25, 2021										17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 193,125 shares outstanding at march 26, 2022 and 192,608 shares outstanding at december 25, 2021											17,979,000
deferred income taxes												251,983,000	250,230,000	248,852,000	245,455,000	247,502,000	254,202,000	263,687,000	268,518,000	158,963,000	170,935,000	176,959,000	186,445,000	188,101,000	199,090,000	199,343,000	262,473,000	265,719,000	62,593,000	61,220,000	56,463,000	54,633,000	60,915,000	56,210,000	53,858,000	56,165,000	59,186,000	56,102,000	67,496,000	26,297,000	27,691,000	33,582,000	33,628,000	58,428,000	57,068,000	60,361,000	59,189,000	52,824,000	59,331,000	60,795,000	49,825,000	87,109,000	93,235,000	98,506	107,376,000	57,700,000	56,934,000	55,138,000	55,996,000	62,659,000	45,049,000	36,723,000	29,615,000	47,621,000
intangible assets												809,163,000	820,116,000	822,229,000	828,566,000	818,781,000	656,898,000	658,777,000	659,629,000	637,716,000	411,162,000	417,080,000	424,776,000	409,459,000	421,006,000	409,801,000	313,269,000	309,318,000	303,414,000	305,002,000	301,983,000	303,348,000	306,303,000	245,552,000	222,968,000	224,381,000		218,083,000
other assets												169,838,000	180,073,000	189,086,000	189,845,000	177,934,000	171,062,000	160,265,000	159,253,000	156,182,000	92,287,000	100,255,000	102,334,000	97,012,000	97,138,000	107,352,000	93,008,000	88,221,000	84,240,000	94,395,000	88,127,000	88,723,000	88,731,000	97,730,000	62,039,000	24,266,000	21,603,000	21,853,000	19,878,000																									34,919,000
accrued advertising expense												30,044,000	31,481,000	23,805,000	31,950,000	25,905,000	23,302,000	19,752,000	35,142,000	21,246,000	18,263,000	31,657,000	24,213,000	29,059,000	16,007,000	30,987,000	20,099,000	23,180,000	17,039,000	37,440,000	22,775,000	24,534,000	20,185,000	33,547,000	29,762,000	17,190,000	23,480,000	26,334,000	17,927,000	24,595,000	23,544,000	17,626,000	21,587,000	19,505,000	22,154,000	10,135,000	34,146,000								47,512,000
noncurrent income taxes												78,176,000	97,556,000	95,505,000	92,810,000	75,186,000	92,120,000	104,853,000	105,771,000	105,309,000	127,339,000	127,211,000	126,893,000	140,584,000	140,368,000	138,295,000	123,905,000	131,887,000
other liabilities												23,354,000	20,051,000	18,079,000	15,494,000	12,309,000	4,691,000	250,000	278,000	267,000	227,000	1,850,000	1,860,000	1,860,000	1,882,000	1,788,000	1,738,000	1,656,000	1,637,000	1,594,000	1,707,000	1,680,000	1,676,000	1,637,000	1,534,000	1,371,000	1,459,000	1,437,000	1,482,000	1,522,000	1,542,000	1,457,000	1,406,000	1,418,000	1,317,000	1,258,000	1,267,000	1,242,000	1,231,000	1,153,000	1,115,000	1,058,000	1,025,000	980	435,000	90,505,000	90,470,000	76,474,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 192,322 shares outstanding at september 25, 2021 and 191,571 shares outstanding at december 26, 2020												17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 192,321 shares outstanding at june 26, 2021 and 191,571 shares outstanding at december 26, 2020													17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 192,144 shares outstanding at march 27, 2021 and 191,571 shares outstanding at december 26, 2020														17,979,000
accounts receivables															849,469,000				706,763,000			569,833,000				590,882,000				527,062,000				531,481,000				570,191,000									874,110,000				741,321,000
restricted cash															306,000	293,000	283,000	283,000	71,000	1,036,000	148,000	73,000	145,000	211,000	279,000	271,000	117,000	117,000	117,000	113,000	265,000	257,000	261,000	259,000	279,000	313,000	293,000	308,000	250,000	1,399,000	1,393,000	1,389,000	1,277,000	956,000	936,000	941,000	2,047,000	2,044,000	2,066,000	1,898,000	1,941,000	1,452,000	1,550,000	1,565	1,554,000	1,580,000	1,558,000	1,529,000	1,525,000	1,461,000	1,449,000	1,370,000	1,356,000	1,411,000
shares, chf 0.10 par value, 198,077 shares authorized and issued, 191,571 shares outstanding at december 26, 2020; and 190,686 shares outstanding at december 28, 2019;															17,979,000
see accompanying notes.
accrued royalty costs																15,389,000	10,833,000	5,259,000	15,401,000	11,673,000	16,768,000	24,646,000	27,213,000	28,209,000	17,445,000	32,204,000	37,895,000	29,378,000	26,006,000	36,523,000	34,801,000	44,213,000	25,737,000	30,310,000	9,509,000	5,811,000	52,558,000	51,889,000	9,451,000	77,907,000	27,509,000	7,769,000	95,086,000				103,195,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 191,237 shares outstanding at september 26, 2020 and 190,686 shares outstanding at december 28, 2019																17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 191,223 shares outstanding at june 27, 2020 and 190,686 shares outstanding at december 28, 2019																	17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 191,017 shares outstanding at march 28, 2020 and 190,686 shares outstanding at december 28, 2019																		17,979,000
land and improvements																			132,951,000			131,689,000				114,701,000				104,740,000				85,162,000				94,245,000					94,792,000				92,088,000				88,272,000				79,445,000				37,103,000				31,075,000
building and improvements																			576,703,000			539,177,000				482,794,000				376,916,000				351,778,000				324,710,000					274,163,000				268,011,000				244,804,000				204,083,000				158,873,000				106,470,000
office furniture and equipment																			306,694,000			264,818,000				246,107,000				222,439,000				206,025,000				188,847,000					98,779,000				84,544,000				72,665,000				48,656,000				45,841,000				33,863,000
manufacturing equipment																			192,741,000			162,077,000				156,119,000				129,526,000				131,055,000				128,441,000					119,829,000				115,179,000				113,956,000				86,037,000				51,772,000				37,747,000
engineering equipment																			170,021,000			154,742,000				141,321,000				124,979,000				113,690,000				102,692,000					71,709,000				65,240,000				59,009,000				51,670,000				37,519,000				28,859,000
vehicles																			26,887,000			20,991,000				21,115,000				21,259,000				20,939,000				20,661,000					18,437,000				15,247,000				14,698,000				13,104,000				8,376,000				8,494,000
accumulated depreciation																			-677,076,000			-609,967,000				-566,473,000				-496,981,000				-462,560,000				-428,709,000					-249,904,000				-198,971,000				-148,152,000				108,848,000				88,496,000				67,335,000
shares, chf 0.10 par value, 198,077 shares authorized and issued, 190,686 shares outstanding at december 28, 2019; and 189,461 shares outstanding at december 29, 2018;																			17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 190,103 shares outstanding at september 28, 2019; and 189,461 shares outstanding at december 29, 2018;																				17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 189,847 shares outstanding at march 30, 2019; and 189,461 shares outstanding at december 29, 2018;																					17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued, 189,461 shares outstanding at december 29, 2018; and 188,189 shares outstanding at december 30, 2017;																						17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 188,809 shares outstanding at september 29, 2018; and 188,189 shares outstanding at december 30, 2017;																							17,979,000
liabilities and stockholders' equity
stockholders' equity:
shares, chf 0.10 par value, 198,077 shares authorized and issued; 188,797 shares outstanding at june 30, 2018; and 188,189 shares outstanding at december 30, 2017;																								17,979,000
total stockholders' equity																								3,758,881,000		3,802,466,000	3,639,685,000	3,484,447,000	3,702,062,000	3,418,003,000	3,362,229,000	3,218,835,000	3,437,247,000	3,345,126,000	3,208,505,000	3,477,630,000	3,236,413,000	3,403,367,000	3,480,616,000	3,068,192,000	2,962,694,000	3,193,229,000	3,049,562,000	2,850,249,000	2,651,614,000	2,554,935,000	2,836,447,000	2,555,398,000	2,462,156,000	2,258,473,000	2,225,854,000	2,139,840,000	2,309,653,000	2,467,445	2,350,614,000	1,985,211,000	1,924,969,000	1,695,682,000	1,557,899,000	1,341,372,000	1,276,867,000	1,264,686,000	1,157,264,000
total liabilities and stockholders' equity																								4,988,720,000	4,855,222,000	5,010,260,000	4,835,391,000	4,748,772,000	4,600,681,000	4,525,133,000	4,591,906,000	4,527,583,000	4,410,324,000	4,499,391,000	4,423,409,000	4,543,279,000	4,669,364,000	4,693,303,000	4,741,802,000	4,334,885,000	4,198,455,000	3,937,509,000	3,988,688,000	3,658,018,000	3,431,359,000	3,551,528,000	3,825,874,000	3,516,551,000	3,144,366,000	2,794,189,000	2,924,581,000	3,015,313,000	3,132,031,000	3,083,398	3,291,460,000	2,645,500,000	2,444,601,000	2,017,168,000	1,897,020,000	1,799,537,000	1,661,857,000	1,471,499,000	1,362,235,000
shares, chf 0.10 par value, 198,077 shares authorized and issued;
188,521 shares outstanding at march 31, 2018;
and 188,189 shares outstanding at december 30, 2017;																									17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued, 188,189 shares outstanding at december 30, 2017; and 188,565 shares outstanding at december 31, 2016;																										17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 187,500 shares outstanding at september 30, 2017 and 188,565 shares outstanding at december 31, 2016																											17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 187,703 shares outstanding at july 1, 2017 and 188,565 shares outstanding at december 31, 2016																												17,979,000
noncurrent deferred income tax																													283,440,000	110,293,000	121,084,000	118,320,000	117,467,000	116,518,000	67,246,000	66,664,000	84,345,000	67,712,000	86,425,000	73,613,000	73,613,000	73,613,000	73,613,000	20,499,000	20,498,000	20,499,000	20,498,000
non-current income taxes																													124,265,000	121,174,000	117,276,000	111,664,000	103,035,000	101,689,000	85,436,000	78,663,000	135,911,000	80,611,000	147,589,000	165,545,000	157,979,000	147,047,000	153,621,000	154,853,000	275,876,000	259,751,000	255,748,000	239,419,000
non-current deferred revenue																													138,665,000	140,407,000	134,236,000	130,342,000	126,731,000	128,731,000	124,625,000	121,906,000	136,025,000	135,130,000	141,134,000	173,355,000	146,973,000	114,795,000	108,076,000	70,716,000	57,595,000	45,470,000	38,574,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; 188,156 shares outstanding at april 1, 2017 and 188,565 shares outstanding at december 31, 2016																													17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued, and 188,565 shares outstanding at december 31, 2016;
shares, chf 10.00 par value, 208,077 shares authorized and issued; 189,722 shares outstanding at december 26, 2015;																														17,979,000
shares, chf 0.10 par value, 198,077 shares authorized and issued; and 188,446 shares outstanding at september 24, 2016
shares, chf 10.00 par value, 208,077 shares authorized and issued; and 189,722 shares outstanding at december 26, 2015																															17,979,000
shares, chf 10 par value, 208,077 shares authorized and issued; 188,877 shares outstanding at june 25, 2016 and 189,722 shares outstanding at december 26, 2015																																1,797,435,000
shares, chf 10 par value, 208,077 shares authorized and issued; 189,193 shares outstanding at march 26, 2016 and 189,722 shares outstanding at december 26, 2015																																	1,797,435,000
shares, chf 10 par value, 208,077 shares authorized and issued; 189,722 shares outstanding at december 26, 2015; and 191,815 shares outstanding at december 27, 2014;																																		1,797,435,000
shares, chf 10 par value, 208,077 shares authorized and issued; 190,936 shares outstanding at june 27, 2015 and 191,815 shares outstanding at december 27, 2014																																			1,797,435,000
shares, chf 10 par value, 208,077 shares authorized and issued; 191,520 shares outstanding at march 28, 2015 and 191,815 shares outstanding at december 27, 2014																																				1,797,435,000
loan receivable
shares, chf 10 par value, 208,077 shares authorized and issued; 191,227 shares outstanding at september 27, 2014 and 195,150 shares outstanding at december 28, 2013																																					1,797,435,000
shares, chf 10 par value, 208,077 shares authorized and issued; 191,815 shares outstanding at december 27, 2014; and 195,150 shares outstanding at december 28, 2013;																																						1,797,435,000
shares, chf 10 par value, 208,077,418 shares authorized and issued; 192,616,300 shares outstanding at june 28, 2014 and 195,150,102 shares outstanding at december 28, 2013																																							1,797,435,000
licensing agreements																																								7,603,000	8,305,000	4,658,000		2,059,000	2,531,000	6,573,000		8,885,000	20,647,000	11,521,000		6,483,000	3,863,000	13,236		14,398,000	14,804,000	16,508,000		3,301,000	3,838,000	5,102,000
shares, chf 10 par value, 208,077,418 shares authorized and issued; 194,171,773 shares outstanding at september 24, 2011; and 194,358,038 shares outstanding at december 25, 2010;																																								1,797,435,000
shares, chf 10 par value, 208,077,418 shares authorized and issued; 194,087,445 shares outstanding at june 25, 2011; and 194,358,038 shares outstanding at december 25, 2010;																																									1,797,435,000
shares, chf 10 par value, 208,077,418 shares authorized and issued; 194,014,900 shares outstanding at march 26, 2011; and 194,358,038 shares outstanding at december 25, 2010;																																										1,797,435,000
31,822 in 2010 and 36,673 in 2009																																											747,249,000
license agreements																																											1,800,000				15,400,000				16,013,000				14,672,000				3,307,000				6,517,000
shares, chf 10 par value, 208,077,418 shares authorized and issued
and 194,358,038 shares outstanding at december 25, 2010;
common stock																																																				1,511,000								1,080,000
issued and outstanding shares - 200,274,000 in 2009
accumulated other comprehensive gain/																																											56,004,000			1,021,000	-13,382,000		-35,020,000	-62,456,000	-37,651,000				46,130,000				-5,275,000				-12,513,000
shares, chf 10.00 par value, 2,080,774,180 shares authorized, 207,563,000 shares issued and 193,371,000 shares outstanding at september 25, 2010; common stock, .005 par value, 1,000,000,000 shares authorized, 200,274,000 shares issued and outstanding at december 25, 2009																																												1,792,768,000
accumulated other comprehensive income/																																												32,997,000	2,038,000							-885,000
issued and outstanding shares - 197,554,000 as of june 26, 2010 and 200,274,000 as of december 26, 2009																																													987,000
issued and outstanding shares - 199,128,000 as of march 27, 2010 and 200,274,000 as of december 26, 2009																																														994,000
issued and outstanding shares - 200,274,000 in 2009, and 200,363,000 in 2008																																															1,001,000
issued and outstanding shares - 200,596,000 as of
september 26, 2009 and 200,363,000 as of
december 27, 2008																																																1,002,000	1,000,000	1,000,000
accumulated other comprehensive loss																																																-18,630,000								-2,767,000	-14,532,000	-16,339,000		-29,217,000	-16,549,000	-6,149,000
non-current taxes																																																	236,927,000	220,450,000	214,366,000	166,075,000	136,137,000	136,137	126,593,000
issued and outstanding shares - 200,505,000 as of
june 27, 2009 and 200,363,000 as of
issued and outstanding shares - 200,282,000 as of
march 28, 2009 and 200,363,000 as of
issued and outstanding shares - 200,363,000 in 2008, and 216,980,000 in 2007																																																			1,002,000
issued and outstanding shares - 210,648,000 as of june 28, 2008 and 216,980,000 as of december 29, 2007																																																					1,054,000
issued and outstanding shares - 215,648,000 as of
march 29, 2008 and 216,980,000 as of
december 29, 2007																																																						1,079
10,246 in 2007 and 5,340 in 2006																																																							952,513,000
long-term debt, less current portion																																																								603,000		233,000	248,000
issued and outstanding shares - 216,980,000 in 2007, and
216,097,000 in 2006																																																							1,086,000
accrued sales programs																																																								77,177,000	52,849,000
issued and outstanding shares - 216,931,000 as of
september 29, 2007 and 216,098,000 as of
december 30, 2006																																																								1,086,000	1,085,000
issued and outstanding shares - 216,588,000 as of
june 30, 2007 and 216,098,000 as of
issued and outstanding shares- 216,273,000 as of march 31, 2007 and 216,098,000 as of december 30, 2006																																																										1,083,000
5,340 in 2006 and 4,226 in 2005																																																											403,524,000
issued and outstanding shares - 216,098,000 in 2006, and
216,134,000 in 2005																																																											1,082,000
issued and outstanding shares - 108,454,994 as of july 1, 2006 and 108,067,000 as of december 31, 2005																																																													1,085,000
issued and outstanding shares - 108,342,000 as of april 1, 2006 and 108,067,000 as of december 31, 2005																																																														1,084,000
4,226 in 2005 and 3,565 in 2004																																																															170,997,000
issued and outstanding shares - 108,067,000 in 2005, and
108,327,000 in 2004																																																															1,081,000
warranty reserve																																																																16,768,000
dividends payable																																																																54,000,000
issued and outstanding shares - 108,327,000 as of december 25, 2004 and 107,897,171 as of september 24, 2005																																																																1,080,000
accumulated other comprehensive (income) loss																																																																-6,889,000

We provide you with 20 years of balance sheets for Garmin stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Garmin. Explore the full financial landscape of Garmin stock with our expertly curated balance sheets.

The information provided in this report about Garmin stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.