Garmin annual capital expenditures (capex)
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Garmin Capital Expenditures (CapEx) Growth & History (GRMN)
Garmin's capital expenditures (capex) was $270.4M for fiscal 2025.
View full Garmin company overviewGarmin annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-27 | $270.4M | $76.9M | +39.71% |
| 2024 | 2024-12-28 | $193.6M | $47,000 | +0.02% |
| 2023 | 2023-12-30 | $193.5M | −$50.8M | −20.78% |
| 2022 | 2022-12-31 | $244.3M | −$63.4M | −20.59% |
| 2021 | 2021-12-25 | $307.6M | $122.2M | +65.93% |
| 2020 | 2020-12-26 | $185.4M | $67.4M | +57.08% |
| 2019 | 2019-12-28 | $118.0M | −$37.7M | −24.22% |
| 2018 | 2018-12-29 | $155.8M | $16.1M | +11.50% |
| 2017 | 2017-12-30 | $139.7M | $48.7M | +53.58% |
| 2016 | 2016-12-31 | $91.0M | $10.4M | +12.86% |
| 2015 | 2015-12-26 | $80.6M | $7.3M | +9.89% |
| 2014 | 2014-12-27 | $73.3M | $17.3M | +30.77% |
| 2013 | 2013-12-28 | $56.1M | $17.6M | +45.88% |
| 2012 | 2012-12-29 | $38.4M | $79,000 | +0.21% |
| 2011 | 2011-12-31 | $38.4M | $6.1M | +19.03% |
| 2010 | 2010-12-25 | $32.2M | −$17.0M | −34.49% |
| 2009 | 2009-12-26 | $49.2M | −$70.4M | −58.87% |
| 2008 | 2008-12-27 | $119.6M | −$37.2M | −23.70% |
| 2007 | 2007-12-29 | $156.8M | — | — |
Garmin quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $127.8M | $82.1M | +179.75% |
| Q1 2026 | 2026-03-28 | $66.6M | $26.6M | +66.28% |
| Q4 2025 | 2025-12-27 | $124.2M | $39.5M | +46.60% |
| Q3 2025 | 2025-09-27 | $60.5M | $22.0M | +57.05% |
| Q2 2025 | 2025-06-28 | $45.7M | $8.5M | +22.93% |
| Q1 2025 | 2025-03-29 | $40.1M | $6.9M | +20.79% |
| Q4 2024 | 2024-12-28 | $84.7M | — | — |
| Q3 2024 | 2024-09-28 | $38.5M | −$7.0M | −15.34% |
| Q2 2024 | 2024-06-29 | $37.2M | −$15.4M | −29.27% |
| Q1 2024 | 2024-03-30 | $33.2M | −$13.6M | −29.15% |
| Q3 2023 | 2023-09-30 | $45.5M | −$4.6M | −9.18% |
| Q2 2023 · Jul 1 | 2023-07-01 | $52.5M | −$22.6M | −30.03% |
| Q1 2023 | 2023-04-01 | $46.8M | −$12.9M | −21.60% |
| Q3 2022 | 2022-09-24 | $50.1M | $8.7M | +21.03% |
| Q2 2022 · Jun 25 | 2022-06-25 | $75.1M | −$34.6M | −31.52% |
| Q1 2022 | 2022-03-26 | $59.7M | $22.8M | +61.86% |
| Q3 2021 | 2021-09-25 | $41.4M | $2.6M | +6.74% |
| Q2 2021 · Jun 26 | 2021-06-26 | $109.6M | $52.7M | +92.67% |
| Q1 2021 | 2021-03-27 | $36.9M | −$4.5M | −10.80% |
| Q3 2020 | 2020-09-26 | $38.8M | $7.8M | +25.27% |
| Q2 2020 · Jun 27 | 2020-06-27 | $56.9M | $26.5M | +87.19% |
| Q1 2020 | 2020-03-28 | $41.4M | $11.3M | +37.44% |
| Q4 2019 | 2019-12-28 | $26.6M | −$6.3M | −19.29% |
| Q3 2019 | 2019-09-28 | $31.0M | $1.2M | +4.03% |
| Q2 2019 | 2019-06-29 | $30.4M | −$36.3M | −54.45% |
| Q1 2019 | 2019-03-30 | $30.1M | $3.8M | +14.27% |
| Q4 2018 | 2018-12-29 | $32.9M | −$21.6M | −39.60% |
| Q3 2018 | 2018-09-29 | $29.8M | −$15.6M | −34.42% |
| Q2 2018 | 2018-06-30 | $66.7M | $52.5M | +367.54% |
| Q1 2018 | 2018-03-31 | $26.3M | $798,000 | +3.12% |
| Q4 2017 | 2017-12-30 | $54.5M | $5.7M | +11.64% |
| Q3 2017 | 2017-09-30 | $45.4M | $31.9M | +235.22% |
| Q2 2017 | 2017-07-01 | $14.3M | −$432,000 | −2.94% |
| Q1 2017 | 2017-04-01 | $25.5M | $11.6M | +83.62% |
| Q4 2016 | 2016-12-31 | $48.8M | $21.5M | +78.80% |
| Q3 2016 | 2016-09-24 | $13.5M | −$22,000 | −0.16% |
| Q2 2016 | 2016-06-25 | $14.7M | −$6.9M | −31.88% |
| Q1 2016 | 2016-03-26 | $13.9M | −$4.2M | −23.34% |
| Q4 2015 | 2015-12-26 | $27.3M | $8.8M | +47.46% |
| Q3 2015 | 2015-09-26 | $13.6M | −$4.5M | −24.92% |
| Q2 2015 | 2015-06-27 | $21.6M | $365,000 | +1.72% |
| Q1 2015 | 2015-03-28 | $18.1M | $2.6M | +16.77% |
| Q4 2014 | 2014-12-27 | $18.5M | $3.8M | +25.42% |
| Q3 2014 | 2014-09-27 | $18.1M | $6.5M | +55.73% |
| Q2 2014 | 2014-06-28 | $21.2M | $3.1M | +17.21% |
| Q1 2014 | 2014-03-29 | $15.5M | $3.9M | +33.76% |
| Q4 2013 | 2013-12-28 | $14.8M | $3.2M | +27.62% |
| Q3 2013 | 2013-09-28 | $11.6M | $2.1M | +22.71% |
| Q2 2013 | 2013-06-29 | $18.1M | $6.4M | +55.19% |
| Q1 2013 | 2013-03-30 | $11.6M | $5.9M | +101.74% |
| Q4 2012 | 2012-12-29 | $11.6M | −$279,000 | −2.36% |
| Q3 2012 | 2012-09-29 | $9.5M | −$2.8M | −22.55% |
| Q2 2012 | 2012-06-30 | $11.7M | $4.5M | +63.49% |
| Q1 2012 | 2012-03-31 | $5.8M | −$1.4M | −19.78% |
| Q4 2011 | 2011-12-31 | $11.8M | $2.6M | +28.05% |
| Q3 2011 | 2011-09-24 | $12.2M | $2.4M | +25.04% |
| Q2 2011 | 2011-06-25 | $7.1M | −$2.1M | −23.13% |
| Q1 2011 | 2011-03-26 | $7.2M | $3.2M | +82.41% |
| Q4 2010 | 2010-12-25 | $9.2M | −$4.5M | −32.77% |
| Q3 2010 | 2010-09-25 | $9.8M | −$2.3M | −19.30% |
| Q2 2010 | 2010-06-26 | $9.3M | −$922,000 | −9.03% |
| Q1 2010 | 2010-03-27 | $3.9M | −$9.2M | −70.04% |
| Q4 2009 | 2009-12-26 | $13.8M | — | — |
| Q3 2009 | 2009-09-26 | $12.1M | −$18.5M | −60.42% |
| Q2 2009 | 2009-06-27 | $10.2M | — | — |
| Q1 2009 | 2009-03-28 | $13.1M | — | — |
| Q3 2008 | 2008-09-27 | $30.6M | — | — |
Garmin capital expenditures (capex) trends
Over the last five fiscal years, Garmin's capital expenditures (capex) increased from $185.4M to $270.4M, a change of $85.0M. The latest reported quarter, Q2 2026, shows $127.8M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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