What changed in Garmin Ltd's latest annual report
In the year ended 27 Dec 2025, Garmin Ltd's revenue rose 15.1% to USD 7.25bn, from USD 6.30bn; net income rose 17.9% to USD 1.66bn, from USD 1.41bn; shareholders' equity rose 14.3% to USD 8.97bn, from USD 7.85bn.
Year ended 27 Dec 2025. Source: 10-K filed 18 Feb 2026, read it on SEC EDGAR.
USD 6.30bn to USD 7.25bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 6.30bn | 7.25bn | Up 15.1% |
| Net income | 1.41bn | 1.66bn | Up 17.9% |
| Total assets | 9.63bn | 10.99bn | Up 14.2% |
| Cash and cash equivalents | 2.08bn | 2.28bn | Up 9.6% |
| Shareholders' equity | 7.85bn | 8.97bn | Up 14.3% |
Questions people ask
Did Garmin Ltd's revenue grow last year?
Revenue grew 15.1%, from USD 6.30bn to USD 7.25bn in the year ended 27 Dec 2025.
Is Garmin Ltd profitable?
Yes. Net income was USD 1.66bn in the year ended 27 Dec 2025. The year before: USD 1.41bn.
How much cash and debt does Garmin Ltd have?
At its latest year end (27 Dec 2025), Garmin Ltd reported cash and cash equivalents of USD 2.28bn.
Where do these numbers come from?
From Garmin Ltd's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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