What is Garmin's free cash flow?

Latest reported free cash flow for Garmin (GRMN) is $1.45B as of the trailing twelve months (TTM) ending March 28, 2026.

How has Garmin free cash flow changed year-over-year?

Garmin (GRMN) free cash flow changed +10.0% year-over-year on the latest annual filing.

What is the long-term growth rate of Garmin free cash flow?

Garmin (GRMN) free cash flow compound annual growth rate is +7.5% over the most recent 5 years available.

When did Garmin free cash flow hit its highest annual value?

Garmin free cash flow reached its highest annual value of $1.36B in 2025.

What was Garmin free cash flow in 2024?

Garmin (GRMN) free cash flow in 2024 was $1.24B.

What was Garmin free cash flow in 2025?

Garmin (GRMN) free cash flow in 2025 was $1.36B.

Garmin (GRMN) Free Cash Flow

Latest period

$1.45B

YoY change

+10.0%

5Y CAGR

+7.5%

Peak year (2025)

$1.36B

Free Cash Flow history chart for Garmin (GRMN) from 1999 to 2025

Latest: $1.36B

Free Cash Flow growth chart for Garmin (GRMN) from 1999 to 2025

Latest: +10.0%

Free Cash Flow history table for Garmin (GRMN) from 1999 to 2025


2025	$1.36B	+10.0%	+$124.01M	Dec 27, 2025	Feb 18, 2026
2024	$1.24B	+4.9%	+$57.66M	Dec 28, 2024	Feb 19, 2025
2023	$1.18B	+117.9%	+$639.17M	Dec 31, 2023	Nov 29, 2024
2022	$542.07M	-22.9%	−$160.77M	Dec 31, 2022	Feb 22, 2023
2021	$702.84M	-25.8%	−$244.96M	Dec 31, 2021	Feb 16, 2022
2020	$947.80M	+63.9%	+$369.66M	Dec 31, 2020	Feb 17, 2021
2019	$578.14M	-23.8%	−$181.02M	Dec 31, 2019	Feb 19, 2020
2018	$759.16M	+49.2%	+$250.25M	Dec 31, 2018	Feb 20, 2019
2017	$508.91M	-16.4%	−$100.09M	Dec 31, 2017	Feb 21, 2018
2016	$609.01M	+210.7%	+$413.02M	Dec 31, 2016	Feb 22, 2017
2015	$195.99M	-55.9%	−$248.67M	Dec 31, 2015	Feb 17, 2016
2014	$444.65M	-22.4%	−$128.23M	Dec 31, 2014	Feb 18, 2015
2013	$572.88M	-10.4%	−$66.64M	Dec 31, 2013	Feb 19, 2014
2012	$639.52M	-18.1%	−$141.65M	Dec 31, 2012	Feb 27, 2013
2011	$781.16M	+6.3%	+$46.50M	Dec 31, 2011	Feb 29, 2012
2010	$734.66M	-29.2%	−$303.02M	Dec 31, 2010	Feb 23, 2011
2009	$1.04B	+41.1%	+$302.11M	Dec 31, 2009	Feb 24, 2010
2008	$735.57M	+40.8%	+$213.18M	Dec 31, 2008	Feb 25, 2009
2007	$522.39M	+96.5%	+$256.56M	Dec 31, 2007	Feb 26, 2008
2006	$265.83M	+20.9%	+$45.96M	Dec 31, 2006	Feb 28, 2007
2005	$219.88M	+68.1%	+$89.08M	Dec 31, 2005	Mar 7, 2006
2004	$130.79M	-8.2%	−$11.62M	Dec 31, 2004	Mar 9, 2005
2003	$142.41M	-12.6%	−$20.57M	Dec 31, 2003	Mar 10, 2004
2002	$162.98M	+41.6%	+$47.88M	Dec 31, 2002	Mar 25, 2003
2001	$115.11M	+81.3%	+$51.60M	Dec 31, 2001	Apr 2, 2002
2000	$63.50M	+422.8%	+$51.36M	Dec 31, 2000	Mar 30, 2001
1999	$12.15M	—	—	Dec 31, 1999	Dec 31, 1999

2025$1.36B+10.0%
2024$1.24B+4.9%
2023$1.18B+117.9%
2022$542.07M-22.9%
2021$702.84M-25.8%
2020$947.80M+63.9%
2019$578.14M-23.8%
2018$759.16M+49.2%
2017$508.91M-16.4%
2016$609.01M+210.7%
2015$195.99M-55.9%
2014$444.65M-22.4%
2013$572.88M-10.4%
2012$639.52M-18.1%
2011$781.16M+6.3%
2010$734.66M-29.2%
2009$1.04B+41.1%
2008$735.57M+40.8%
2007$522.39M+96.5%
2006$265.83M+20.9%
2005$219.88M+68.1%
2004$130.79M-8.2%
2003$142.41M-12.6%
2002$162.98M+41.6%
2001$115.11M+81.3%
2000$63.50M+422.8%
1999$12.15M—

Free Cash Flow values are taken from Garmin's reported cash flow statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Free Cash Flow at Garmin (GRMN)

Free Cash Flow for Garmin (GRMN): headline value $1.45B · YoY +10.0%. Annual and quarterly series, chart, and tables are below.

Headline figure above is from the reporting period ending March 28, 2026 (reported April 29, 2026). Chart and table below cover the full reported history back to 1999.

As of the 2025 fiscal year, Garmin (GRMN) reported free cash flow of $1.36B – grew 10.0% year-over-year.

Across 2020–2025 (5 years), Garmin free cash flow produced a CAGR of +7.5% – sustaining 3 straight years of year-over-year growth.

Across the available history, free cash flow reached its high of $1.36B in 2025 and its low of $12.15M in 1999.

Garmin Free Cash Flow by Year

Garmin Free Cash Flow 2025: $1.36B

Garmin posted free cash flow of $1.36B in 2025, grew 10.0% from 2024. This figure represents the highest annual value in the available history.

Garmin Free Cash Flow 2024: $1.24B

In 2024, Garmin reported free cash flow of $1.24B, edged up 4.9% from 2023.

Garmin Free Cash Flow 2023: $1.18B

Garmin free cash flow in 2023 was $1.18B, surged 117.9% from 2022.

Garmin Free Cash Flow 2022: $542.07M

2022's free cash flow for Garmin came in at $542.07M, declined 22.9% below 2021.

Garmin Free Cash Flow 2021: $702.84M

Garmin free cash flow in 2021 was $702.84M.

See more financial history for Garmin (GRMN).

Sector peers by Free Cash Flow

Technology peers of Garmin (GRMN), ranked by their latest free cash flow


Apple (AAPL)	$98.77B
NVIDIA (NVDA)	$96.68B
Microsoft (MSFT)	$71.61B
TSMC (TSM)	$35.39B
Broadcom (AVGO)	$26.91B
ASML (ASML)	$12.40B
AMD (AMD)	$6.74B
Micron Technology (MU)	$1.67B

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