GARMIN LTD Research and Development Expense
GARMIN LTD (GRMN) reported Research and Development Expense of $295.82 million for the 3-month period ending 2026-03-28, per its 10-Q filed 2026-04-29.
Financial Statements › Expense Statement › Operating Expenses
us-gaap:ResearchAndDevelopmentExpense · last filed 2026-04-29
- GARMIN LTD research and development expense for the quarter ending 2026-03-28 was $295.82M, a 10.33% increase year-over-year.
- GARMIN LTD research and development expense for the quarter ending 2025-12-27 was $294.98M, a 14.00% increase year-over-year.
- GARMIN LTD research and development expense for the quarter ending 2025-09-27 was $286.46M, a 14.97% increase year-over-year.
- GARMIN LTD research and development expense for the quarter ending 2025-06-28 was $276.66M, a 13.78% increase year-over-year.
- GARMIN LTD research and development expense for fiscal 2025 was $1.13B, a 13.35% increase from fiscal 2024.
- GARMIN LTD research and development expense for fiscal 2024 was $993.60M, a 9.83% increase from fiscal 2023.
- GARMIN LTD research and development expense for fiscal 2023 was $904.70M, a 8.36% increase from fiscal 2022.
- GARMIN LTD research and development expense for fiscal 2022 was $834.93M, a 7.21% increase from fiscal 2021.
| Period end | Research and Development Expense 3 month | Research and Development Expense 3 month as first filed | Research and Development Expense 6 month | Research and Development Expense 6 month as first filed | Research and Development Expense 9 month | Research and Development Expense 9 month as first filed | Research and Development Expense 12 month | Research and Development Expense 12 month as first filed |
|---|---|---|---|---|---|---|---|---|
| 2026-03-28 | $295.82M 10-Q · filed 2026-04-29 | $590.80M derived: sum of 2 quarters · filed 2026-04-29 | $877.27M derived: sum of 3 quarters · filed 2026-04-29 | $1.15B derived: sum of 4 quarters · filed 2026-04-29 | ||||
| 2025-12-27 | $294.98M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-18 | $581.45M derived: sum of 2 quarters · filed 2026-02-18 | $858.11M derived: sum of 3 quarters · filed 2026-02-18 | $1.13B 10-K · filed 2026-02-18 | ||||
| 2025-09-27 | $286.46M 10-Q · filed 2025-10-29 | $563.13M derived: sum of 2 quarters · filed 2025-10-29 | $831.25M 10-Q · filed 2025-10-29 | $1.09B derived: sum of 4 quarters · filed 2026-04-29 | ||||
| 2025-06-28 | $276.66M 10-Q · filed 2025-07-30 | $544.78M 10-Q · filed 2025-07-30 | $803.54M derived: sum of 3 quarters · filed 2026-04-29 | $1.05B derived: sum of 4 quarters · filed 2026-04-29 | ||||
| 2025-03-29 | $268.12M 10-Q · filed 2026-04-29 | $526.87M derived: sum of 2 quarters · filed 2026-04-29 | $776.03M derived: sum of 3 quarters · filed 2026-04-29 | $1.02B derived: sum of 4 quarters · filed 2026-04-29 | ||||
| 2024-12-28 | $258.75M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-18 | $507.92M derived: sum of 2 quarters · filed 2026-02-18 | $751.07M derived: sum of 3 quarters · filed 2026-02-18 | $993.60M 10-K · filed 2026-02-18 | ||||
| 2024-09-28 | $249.16M 10-Q · filed 2025-10-29 | $492.31M derived: sum of 2 quarters · filed 2025-10-29 | $734.85M 10-Q · filed 2025-10-29 | $972.09M derived: sum of 4 quarters · filed 2026-02-18 | ||||
| 2024-06-29 | $243.15M 10-Q · filed 2025-07-30 | $485.69M 10-Q · filed 2025-07-30 | $722.93M derived: sum of 3 quarters · filed 2026-02-18 | $944.50M derived: sum of 4 quarters · filed 2026-02-18 | ||||
| 2024-03-30 | $242.53M 10-Q · filed 2025-04-30 | $479.78M derived: sum of 2 quarters · filed 2026-02-18 | $701.35M derived: sum of 3 quarters · filed 2026-02-18 | $925.75M derived: sum of 4 quarters · filed 2026-02-18 | ||||
| 2023-12-30 | $237.25M derived: 10-K 12 month − 10-Q 9 month · filed 2026-02-18 | $458.82M derived: sum of 2 quarters · filed 2026-02-18 | $683.21M derived: sum of 3 quarters · filed 2026-02-18 | $904.70M 10-K · filed 2026-02-18 | ||||
| 2023-09-30 | $221.57M 10-Q · filed 2024-10-30 | $445.97M derived: sum of 2 quarters · filed 2024-10-30 | $667.45M 10-Q · filed 2024-10-30 | $883.16M derived: sum of 4 quarters · filed 2025-02-19 | ||||
| 2023-07-01 | $224.39M 10-Q · filed 2024-07-31 | $445.88M 10-Q · filed 2024-07-31 | $661.59M derived: sum of 3 quarters · filed 2025-02-19 | $870.28M derived: sum of 4 quarters · filed 2025-02-19 | ||||
| 2023-04-01 | $221.49M 10-Q · filed 2024-05-01 | $437.20M derived: sum of 2 quarters · filed 2025-02-19 | $645.89M derived: sum of 3 quarters · filed 2025-02-19 | $847.41M derived: sum of 4 quarters · filed 2025-02-19 | ||||
| 2022-12-31 | $215.71M derived: 10-K 12 month − 10-Q 9 month · filed 2025-02-19 | $424.40M derived: sum of 2 quarters · filed 2025-02-19 | $625.92M derived: sum of 3 quarters · filed 2025-02-19 | $834.93M 10-K · filed 2025-02-19 | ||||
| 2022-09-24 | $208.69M 10-Q · filed 2023-11-01 | $410.21M derived: sum of 2 quarters · filed 2023-11-01 | $619.22M 10-Q · filed 2023-11-01 | $824.17M derived: sum of 4 quarters · filed 2024-02-21 | ||||
| 2022-06-25 | $201.52M 10-Q · filed 2023-08-02 | $410.52M 10-Q · filed 2023-08-02 | $615.48M derived: sum of 3 quarters · filed 2024-02-21 | $814.40M derived: sum of 4 quarters · filed 2024-02-21 | ||||
| 2022-03-26 | $209.01M 10-Q · filed 2023-05-03 | $413.96M derived: sum of 2 quarters · filed 2024-02-21 | $612.88M derived: sum of 3 quarters · filed 2024-02-21 | $798.91M derived: sum of 4 quarters · filed 2024-02-21 | ||||
| 2021-12-25 | $204.95M derived: 10-K 12 month − 10-Q 9 month · filed 2024-02-21 | $403.88M derived: sum of 2 quarters · filed 2024-02-21 | $589.90M derived: sum of 3 quarters · filed 2024-02-21 | $778.75M 10-K · filed 2024-02-21 | $840.02M 10-K · filed 2022-02-16 | |||
| 2021-09-25 | $198.93M 10-Q · filed 2022-10-26 | $214.06M 10-Q · filed 2021-10-27 | $384.95M derived: sum of 2 quarters · filed 2022-10-26 | $573.80M 10-Q · filed 2022-10-26 | $618.25M 10-Q · filed 2021-10-27 | $720.13M derived: sum of 4 quarters · filed 2023-02-22 | ||
| 2021-06-26 | $186.02M 10-Q · filed 2022-07-27 | $200.98M 10-Q · filed 2021-07-28 | $374.87M 10-Q · filed 2022-07-27 | $404.19M 10-Q · filed 2021-07-28 | $521.20M derived: sum of 3 quarters · filed 2023-02-22 | $696.08M derived: sum of 4 quarters · filed 2023-02-22 | ||
| 2021-03-27 | $188.85M 10-Q · filed 2022-04-27 | $203.21M 10-Q · filed 2021-04-28 | $335.18M derived: sum of 2 quarters · filed 2023-02-22 | $510.06M derived: sum of 3 quarters · filed 2023-02-22 | $675.80M derived: sum of 4 quarters · filed 2023-02-22 | |||
| 2020-12-26 | $146.33M derived: 10-K 12 month − 10-Q 9 month · filed 2023-02-22 | $321.21M derived: sum of 2 quarters · filed 2023-02-22 | $486.95M derived: sum of 3 quarters · filed 2023-02-22 | $652.34M 10-K · filed 2023-02-22 | $705.68M 10-K · filed 2021-02-17 | |||
| 2020-09-26 | $174.88M 10-Q · filed 2021-10-27 | $340.62M derived: sum of 2 quarters · filed 2021-10-27 | $506.01M 10-Q · filed 2021-10-27 | $668.02M derived: sum of 4 quarters · filed 2022-02-16 | ||||
| 2020-06-27 | $165.74M 10-Q · filed 2021-07-28 | $331.13M 10-Q · filed 2021-07-28 | $493.14M derived: sum of 3 quarters · filed 2022-02-16 | $641.70M derived: sum of 4 quarters · filed 2022-02-16 | ||||
| 2020-03-28 | $165.39M 10-Q/A · filed 2021-04-30 | $327.40M derived: sum of 2 quarters · filed 2022-02-16 | $475.96M derived: sum of 3 quarters · filed 2022-02-16 | $624.84M derived: sum of 4 quarters · filed 2022-02-16 | ||||
| 2019-12-28 | $162.00M derived: 10-K 12 month − 10-Q 9 month · filed 2022-02-16 | $310.57M derived: sum of 2 quarters · filed 2022-02-16 | $459.45M derived: sum of 3 quarters · filed 2022-02-16 | $605.37M 10-K · filed 2022-02-16 | ||||
| 2019-09-28 | $148.56M 10-Q · filed 2020-10-28 | $297.44M derived: sum of 2 quarters · filed 2020-10-28 | $443.36M 10-Q · filed 2020-10-28 | $588.52M derived: sum of 4 quarters · filed 2021-02-17 | ||||
| 2019-06-29 | $148.88M 10-Q · filed 2020-07-29 | $294.80M 10-Q · filed 2020-07-29 | $439.96M derived: sum of 3 quarters · filed 2021-02-17 | $578.94M derived: sum of 4 quarters · filed 2021-02-17 | ||||
| 2019-03-30 | $145.92M 10-Q · filed 2020-04-29 | $291.07M derived: sum of 2 quarters · filed 2021-02-17 | $430.05M derived: sum of 3 quarters · filed 2021-02-17 | $571.77M derived: sum of 4 quarters · filed 2021-02-17 | ||||
| 2018-12-29 | $145.16M derived: 10-K 12 month − 10-Q 9 month · filed 2021-02-17 | $284.13M derived: sum of 2 quarters · filed 2021-02-17 | $425.85M derived: sum of 3 quarters · filed 2021-02-17 | $567.80M 10-K · filed 2021-02-17 | ||||
| 2018-09-29 | $138.98M 10-Q · filed 2019-10-30 | $280.69M derived: sum of 2 quarters · filed 2019-10-30 | $422.65M 10-Q · filed 2019-10-30 | $555.20M derived: sum of 4 quarters · filed 2020-02-19 | ||||
| 2018-06-30 | $141.71M 10-Q · filed 2019-07-31 | $283.67M 10-Q · filed 2019-07-31 | $416.22M derived: sum of 3 quarters · filed 2020-02-19 | $545.85M derived: sum of 4 quarters · filed 2020-02-19 | ||||
| 2018-03-31 | $141.96M 10-Q · filed 2019-05-01 | $274.51M derived: sum of 2 quarters · filed 2020-02-19 | $404.14M derived: sum of 3 quarters · filed 2020-02-19 | $531.39M derived: sum of 4 quarters · filed 2020-02-19 | ||||
| 2017-12-30 | $132.55M derived: 10-K 12 month − 10-Q 9 month · filed 2020-02-19 | $262.18M derived: sum of 2 quarters · filed 2020-02-19 | $389.43M derived: sum of 3 quarters · filed 2020-02-19 | $511.63M 10-K · filed 2020-02-19 | ||||
| 2017-09-30 | $129.63M 10-Q · filed 2018-10-31 | $256.88M derived: sum of 2 quarters · filed 2018-10-31 | $379.08M 10-Q · filed 2018-10-31 | $508.03M derived: sum of 4 quarters · filed 2019-02-20 | ||||
| 2017-07-01 | $127.25M 10-Q · filed 2018-08-01 | $249.45M 10-Q · filed 2018-08-01 | $378.40M derived: sum of 3 quarters · filed 2019-02-20 | $494.85M derived: sum of 4 quarters · filed 2019-02-20 | ||||
| 2017-04-01 | $122.20M 10-Q · filed 2018-05-02 | $251.15M derived: sum of 2 quarters · filed 2019-02-20 | $367.60M derived: sum of 3 quarters · filed 2019-02-20 | $481.96M derived: sum of 4 quarters · filed 2019-02-20 | ||||
| 2016-12-31 | $128.95M derived: 10-K 12 month − 10-Q 9 month · filed 2019-02-20 | $245.40M derived: sum of 2 quarters · filed 2019-02-20 | $359.76M derived: sum of 3 quarters · filed 2019-02-20 | $467.96M 10-K · filed 2019-02-20 | ||||
| 2016-09-24 | $116.45M 10-Q · filed 2017-11-01 | $230.80M derived: sum of 2 quarters · filed 2017-11-01 | $339.01M 10-Q · filed 2017-11-01 | $445.02M derived: sum of 4 quarters · filed 2018-02-21 | ||||
| 2016-06-25 | $114.36M 10-Q · filed 2017-08-02 | $222.56M 10-Q · filed 2017-08-02 | $328.57M derived: sum of 3 quarters · filed 2018-02-21 | $434.36M derived: sum of 4 quarters · filed 2018-02-21 | ||||
| 2016-03-26 | $108.20M 10-Q · filed 2017-05-03 | $214.22M derived: sum of 2 quarters · filed 2018-02-21 | $320.00M derived: sum of 3 quarters · filed 2018-02-21 | $429.25M derived: sum of 4 quarters · filed 2018-02-21 | ||||
| 2015-12-26 | $106.01M derived: 10-K 12 month − 10-Q 9 month · filed 2018-02-21 | $211.80M derived: sum of 2 quarters · filed 2018-02-21 | $321.04M derived: sum of 3 quarters · filed 2018-02-21 | $427.04M 10-K · filed 2018-02-21 | ||||
| 2015-09-26 | $105.79M 10-Q · filed 2016-10-26 | $215.03M derived: sum of 2 quarters · filed 2016-10-26 | $321.03M 10-Q · filed 2016-10-26 | $422.58M derived: sum of 4 quarters · filed 2017-02-22 | ||||
| 2015-06-27 | $109.24M 10-Q · filed 2016-07-27 | $215.24M 10-Q · filed 2016-07-27 | $316.80M derived: sum of 3 quarters · filed 2017-02-22 | $415.79M derived: sum of 4 quarters · filed 2017-02-22 | ||||
| 2015-03-28 | $106.00M 10-Q · filed 2016-04-27 | $207.56M derived: sum of 2 quarters · filed 2017-02-22 | $306.55M derived: sum of 3 quarters · filed 2017-02-22 | $404.96M derived: sum of 4 quarters · filed 2017-02-22 | ||||
| 2014-12-27 | $101.55M derived: 10-K 12 month − 10-Q 9 month · filed 2017-02-22 | $200.55M derived: sum of 2 quarters · filed 2017-02-22 | $298.96M derived: sum of 3 quarters · filed 2017-02-22 | $395.12M 10-K · filed 2017-02-22 | ||||
| 2014-09-27 | $99.00M 10-Q · filed 2015-10-28 | $197.40M derived: sum of 2 quarters · filed 2015-10-28 | $293.57M 10-Q · filed 2015-10-28 | $386.14M derived: sum of 4 quarters · filed 2016-02-17 | ||||
| 2014-06-28 | $98.40M 10-Q · filed 2015-07-29 | $194.57M 10-Q · filed 2015-07-29 | $287.14M derived: sum of 3 quarters · filed 2016-02-17 | $375.57M derived: sum of 4 quarters · filed 2016-02-17 | ||||
| 2014-03-29 | $96.16M 10-Q · filed 2015-04-29 | $188.74M derived: sum of 2 quarters · filed 2016-02-17 | $277.17M derived: sum of 3 quarters · filed 2016-02-17 | $373.40M derived: sum of 4 quarters · filed 2016-02-17 | ||||
| 2013-12-28 | $92.57M derived: 10-K 12 month − 10-Q 9 month · filed 2016-02-17 | $181.00M derived: sum of 2 quarters · filed 2016-02-17 | $277.23M derived: sum of 3 quarters · filed 2016-02-17 | $364.92M 10-K · filed 2016-02-17 | ||||
| 2013-09-28 | $88.43M 10-Q · filed 2014-10-29 | $184.66M derived: sum of 2 quarters · filed 2014-10-29 | $272.35M 10-Q · filed 2013-10-30 | $355.61M derived: sum of 4 quarters · filed 2015-02-18 | ||||
| 2013-06-29 | $96.23M 10-Q · filed 2013-08-07 | $183.92M 10-Q · filed 2014-07-30 | $267.18M derived: sum of 3 quarters · filed 2015-02-18 | $349.67M derived: sum of 4 quarters · filed 2015-02-18 | ||||
| 2013-03-30 | $87.69M 10-Q · filed 2014-04-30 | $170.95M derived: sum of 2 quarters · filed 2015-02-18 | $253.44M derived: sum of 3 quarters · filed 2015-02-18 | $333.74M derived: sum of 4 quarters · filed 2015-02-18 | ||||
| 2012-12-29 | $83.26M derived: 10-K 12 month − 10-Q 9 month · filed 2015-02-18 | $165.75M derived: sum of 2 quarters · filed 2015-02-18 | $246.06M derived: sum of 3 quarters · filed 2015-02-18 | $325.77M 10-K · filed 2015-02-18 | ||||
| 2012-09-29 | $82.49M 10-Q · filed 2013-10-30 | $162.79M derived: sum of 2 quarters · filed 2013-10-30 | $242.51M 10-Q · filed 2013-10-30 | $327.17M derived: sum of 4 quarters · filed 2014-02-19 | ||||
| 2012-06-30 | $80.30M 10-Q · filed 2013-08-07 | $160.02M 10-Q · filed 2013-08-07 | $244.68M derived: sum of 3 quarters · filed 2014-02-19 | $317.61M derived: sum of 4 quarters · filed 2014-02-19 | ||||
| 2012-03-31 | $79.72M 10-Q · filed 2013-05-08 | $164.37M derived: sum of 2 quarters · filed 2014-02-19 | $237.31M derived: sum of 3 quarters · filed 2014-02-19 | $307.82M derived: sum of 4 quarters · filed 2014-02-19 | ||||
| 2011-12-31 | $84.65M derived: 10-K 12 month − 10-Q 9 month · filed 2014-02-19 | $157.59M derived: sum of 2 quarters · filed 2014-02-19 | $228.10M derived: sum of 3 quarters · filed 2014-02-19 | $298.58M 10-K · filed 2014-02-19 | ||||
| 2011-09-24 | $72.94M 10-Q · filed 2012-11-07 | $143.45M derived: sum of 2 quarters · filed 2012-11-07 | $213.93M 10-Q · filed 2012-11-07 | $285.86M derived: sum of 4 quarters · filed 2013-02-27 | ||||
| 2011-06-25 | $70.52M 10-Q · filed 2012-08-08 | $140.99M 10-Q · filed 2012-08-08 | $212.92M derived: sum of 3 quarters · filed 2013-02-27 | $282.43M derived: sum of 4 quarters · filed 2013-02-27 | ||||
| 2011-03-26 | $70.48M 10-Q · filed 2012-05-09 | $142.41M derived: sum of 2 quarters · filed 2013-02-27 | $211.92M derived: sum of 3 quarters · filed 2013-02-27 | $285.26M derived: sum of 4 quarters · filed 2013-02-27 | ||||
| 2010-12-25 | $71.93M derived: 10-K 12 month − 10-Q 9 month · filed 2013-02-27 | $141.44M derived: sum of 2 quarters · filed 2013-02-27 | $214.78M derived: sum of 3 quarters · filed 2013-02-27 | $277.26M 10-K · filed 2013-02-27 | ||||
| 2010-09-25 | $69.51M 10-Q · filed 2011-11-02 | $142.85M derived: sum of 2 quarters · filed 2011-11-02 | $205.33M 10-Q · filed 2011-11-02 | $276.92M derived: sum of 4 quarters · filed 2012-02-29 | ||||
| 2010-06-26 | $73.34M 10-Q/A · filed 2011-08-30 | $135.82M 10-Q/A · filed 2011-08-30 | $207.40M derived: sum of 3 quarters · filed 2012-02-29 | $262.91M derived: sum of 4 quarters · filed 2012-02-29 | ||||
| 2010-03-27 | $62.48M 10-Q · filed 2011-05-04 | $134.07M derived: sum of 2 quarters · filed 2012-02-29 | $189.57M derived: sum of 3 quarters · filed 2012-02-29 | $245.83M derived: sum of 4 quarters · filed 2012-02-29 | ||||
| 2009-12-26 | $71.58M derived: 10-K 12 month − 10-Q 9 month · filed 2012-02-29 | $127.09M derived: sum of 2 quarters · filed 2012-02-29 | $183.34M derived: sum of 3 quarters · filed 2012-02-29 | $238.38M 10-K · filed 2012-02-29 | ||||
| 2009-09-26 | $55.51M 10-Q · filed 2010-11-03 | $111.76M derived: sum of 2 quarters · filed 2010-11-03 | $166.79M 10-Q · filed 2010-11-03 | $217.00M derived: sum of 4 quarters · filed 2011-02-23 | ||||
| 2009-06-27 | $56.25M 10-Q · filed 2010-08-04 | $111.29M 10-Q · filed 2010-08-04 | $161.49M derived: sum of 3 quarters · filed 2011-02-23 | $214.24M derived: sum of 4 quarters · filed 2011-02-23 | ||||
| 2009-03-28 | $55.03M 10-Q · filed 2010-05-05 | $105.24M derived: sum of 2 quarters · filed 2011-02-23 | $157.99M derived: sum of 3 quarters · filed 2011-02-23 | $211.59M derived: sum of 4 quarters · filed 2011-02-23 | ||||
| 2008-12-27 | $50.20M derived: 10-K 12 month − 10-Q 9 month · filed 2011-02-23 | $102.95M derived: sum of 2 quarters · filed 2011-02-23 | $156.55M derived: sum of 3 quarters · filed 2011-02-23 | $206.11M 10-K · filed 2011-02-23 | ||||
| 2008-09-27 | $52.75M 10-Q · filed 2009-11-04 | $106.35M derived: sum of 2 quarters · filed 2009-11-04 | $155.90M 10-Q · filed 2009-11-04 | |||||
| 2008-06-28 | $53.60M 10-Q/A · filed 2009-09-01 | $103.15M 10-Q/A · filed 2009-09-01 | ||||||
| 2007-12-29 | $159.41M 10-K · filed 2010-02-24 |
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