Skip to main content
Garmin10-Q: Market expansion

Garmin's capital expenditures jump 66% YoY to $66.6M in Q1

What happened

The significant 66% year-over-year increase in capital expenditures (property and equipment) suggests expansion of physical infrastructure, such as manufacturing facilities, distribution centers, or R&D labs.

Source

SEC EDGARApr 29, 2026

Quarterly report (Form 10-Q)

Garmin 10-Q

Filing excerpt

Cash used in investing activities... The increase was primarily due to... an increase in purchases of property and equipment in the first quarter of 2026 compared to the first quarter of 2025.

sec.gov/Archives/edgar/data/1121788/000119312526188908/grmn-20260328.htmRead the full source

Other signals in this filing (8)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Market expansion

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/28
Filed
Apr 29, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$66.6M (Quarterly purchases of property and equipment)
Percent
66% (Year-over-year increase in purchases of property and equipment)

Details

CIK
1121788
Accession number
0001193125-26-188908
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Scaling infrastructure needed

Extraction

Confidence
Medium
Relevance
70%
Sentiment
Positive
Detected
May 5, 2026
signal_type
sec-10q
signal_subtype
marketExpansion

Use this data

Get every 10-Q signal for Garmin and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Garmin this week?”

  2. Send it to your own tools

    The Signal API returns 10-Q signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/cbc10661-d7e1-435e-b8e0-d1f2902ae165 returns this record as JSON. POST /v1/companies/enrich returns every signal for garmin.com.

{
  "signal_id": "cbc10661-d7e1-435e-b8e0-d1f2902ae165",
  "signal_type": "sec-10q",
  "signal_subtype": "marketExpansion",
  "detected_at": "2026-05-05T08:48:22.494+00:00",
  "company": {
    "name": "Garmin",
    "domain": "garmin.com"
  },
  "data": {
    "detail": "The significant 66% year-over-year increase in capital expenditures (property and equipment) suggests expansion of physical infrastructure, such as manufacturing facilities, distribution centers, or R&D labs. This level of investment creates opportunities for suppliers of industrial equipment, construction services, and facilities management solutions.",
    "metrics": {
      "pct": 0.66,
      "timeframe": "current_quarter",
      "pct_context": "Year-over-year increase in purchases of property and equipment",
      "dollar_context": "Quarterly purchases of property and equipment",
      "dollar_millions": 66.6
    },
    "summary": "Garmin's capital expenditures jump 66% YoY to $66.6M in Q1",
    "excerpts": "Cash used in investing activities... The increase was primarily due to... an increase in purchases of property and equipment in the first quarter of 2026 compared to the first quarter of 2025.",
    "relevance": 0.7,
    "sentiment": "positive",
    "confidence": "medium",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1121788/000119312526188908/grmn-20260328.htm",
    "filing_date": "2026-04-29",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/28",
    "sales_relevance": "Scaling infrastructure needed",
    "signal_category": "market"
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.