GRMNGarmin
- Headquarters
- Schaffhausen
- CEO
- Clifton A. Pemble
- Next results
- around Feb 17, 2027
What changed
10-K filed Feb 18, 2026 against Feb 19, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 6 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Receivables growing faster than revenue | Receivables +27.4% vs revenue +15.1% (+12.4 pts) | 10-K · XBRL |
| Cash from operations lower than net income | Cash from operations $1.6B vs net income $1.7B (FY ending 2025-12-27) | 10-K · XBRL |
| Critical audit matters changed | New this year: Measurement of Uncertain Tax Positions (“The Company accounts for income taxes in accordance with ASC 740, Income Taxes. The Company operates in a multinational tax environment and is subject to a multitude of tax laws, regulations, and guidelines. Some transactions and the related impact to the income tax provision are judgmental, particu”). No longer listed: Measurement of Reserve for Unrecognized Income Tax Benefits | 10-K · XBRL |
| Accounting checks | 8 other checks clear, 3 worth a look | 10-K · XBRL |
| Insiders | No open-market buys in the last 90 days | Form 4 |
| Filings | 2 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Feb 18, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-19. Quoted as filed.
This section should be read in conjunction with Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and accompanying notes in Part II, Item 8, “Financial Statements and Supplementary Data” of this Annual Report on Form 10-K.
10-K, Item 1A
Accounting checks
latest 10-K8 of 11 clear 3 worth a look. Checks, not verdicts.
- !Receivables growing faster than revenueReceivables +27.4% vs revenue +15.1% (+12.4 pts)
- !Cash from operations lower than net incomeCash from operations $1.6B vs net income $1.7B (FY ending 2025-12-27)
- !Critical audit matters changedNew this year: Measurement of Uncertain Tax Positions (“The Company accounts for income taxes in accordance with ASC 740, Income Taxes. The Company operates in a multinational tax environment and is subject to a multitude of tax laws, regulations, and guidelines. Some transactions and the related impact to the income tax provision are judgmental, particu”). No longer listed: Measurement of Reserve for Unrecognized Income Tax Benefits
- ✓Inventory +20.2% vs revenue +15.1% (+5.2 pts)
- ✓Same auditor in both 10-Ks: Ernst & Young LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Oct 28, 20268-K Quarterly results 8-K item 2.02
- Oct 28, 202610-Q Quarterly report (10-Q) period ended Sep 26, 2026
Get an email when this changes: new risk paragraphs, accounting items, insider purchases, a new 10-K or 10-Q.
RSS feed
Work on GRMN in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/GRMN/export.csv") into a cell.