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Side-by-side financial comparison of Garmin (GRMN) and STIFEL FINANCIAL CORP (SF). Click either name above to swap in a different company.

Garmin is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.6× STIFEL FINANCIAL CORP). STIFEL FINANCIAL CORP runs the higher net margin — 23.5% vs 23.1%, a 0.4% gap on every dollar of revenue. On growth, STIFEL FINANCIAL CORP posted the faster year-over-year revenue change (23.0% vs 14.0%). Garmin produced more free cash flow last quarter ($469.4M vs $369.0M). Over the past eight quarters, STIFEL FINANCIAL CORP's revenue compounded faster (21.1% CAGR vs 7.9%).

Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets.

Stifel Financial Corp. is an American multinational independent investment bank and financial services company created under the Stifel name in July 1983 and listed on the New York Stock Exchange on November 24, 1986. Its predecessor company was founded in 1890 as the Altheimer and Rawlings Investment Company and is headquartered in downtown St. Louis, Missouri.

GRMN vs SF — Head-to-Head

Bigger by revenue
GRMN
GRMN
1.6× larger
GRMN
$1.8B
$1.1B
SF
Growing faster (revenue YoY)
SF
SF
+9.0% gap
SF
23.0%
14.0%
GRMN
Higher net margin
SF
SF
0.4% more per $
SF
23.5%
23.1%
GRMN
More free cash flow
GRMN
GRMN
$100.4M more FCF
GRMN
$469.4M
$369.0M
SF
Faster 2-yr revenue CAGR
SF
SF
Annualised
SF
21.1%
7.9%
GRMN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GRMN
GRMN
SF
SF
Revenue
$1.8B
$1.1B
Net Profit
$405.1M
$264.4M
Gross Margin
59.4%
Operating Margin
24.6%
27.3%
Net Margin
23.1%
23.5%
Revenue YoY
14.0%
23.0%
Net Profit YoY
21.7%
8.3%
EPS (diluted)
$2.09
$2.30

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRMN
GRMN
SF
SF
Q1 26
$1.8B
Q4 25
$2.1B
$1.1B
Q3 25
$1.8B
$962.6M
Q2 25
$1.8B
$838.9M
Q1 25
$1.5B
$842.5M
Q4 24
$1.8B
$916.0M
Q3 24
$1.6B
$810.9M
Q2 24
$1.5B
$798.9M
Net Profit
GRMN
GRMN
SF
SF
Q1 26
$405.1M
Q4 25
$528.7M
$264.4M
Q3 25
$401.6M
$211.4M
Q2 25
$400.8M
$155.1M
Q1 25
$332.8M
$53.0M
Q4 24
$435.7M
$244.0M
Q3 24
$399.1M
$158.5M
Q2 24
$300.6M
$165.3M
Gross Margin
GRMN
GRMN
SF
SF
Q1 26
59.4%
Q4 25
59.2%
Q3 25
59.1%
Q2 25
58.8%
Q1 25
57.6%
Q4 24
59.3%
Q3 24
60.0%
Q2 24
57.3%
Operating Margin
GRMN
GRMN
SF
SF
Q1 26
24.6%
Q4 25
28.9%
27.3%
Q3 25
25.8%
29.7%
Q2 25
26.0%
25.5%
Q1 25
21.7%
7.5%
Q4 24
28.3%
29.1%
Q3 24
27.6%
26.7%
Q2 24
22.7%
28.4%
Net Margin
GRMN
GRMN
SF
SF
Q1 26
23.1%
Q4 25
24.9%
23.5%
Q3 25
22.7%
22.0%
Q2 25
22.1%
18.5%
Q1 25
21.7%
6.3%
Q4 24
23.9%
26.6%
Q3 24
25.2%
19.5%
Q2 24
20.0%
20.7%
EPS (diluted)
GRMN
GRMN
SF
SF
Q1 26
$2.09
Q4 25
$2.72
$2.30
Q3 25
$2.08
$1.84
Q2 25
$2.07
$1.34
Q1 25
$1.72
$0.39
Q4 24
$2.24
$2.10
Q3 24
$2.07
$1.34
Q2 24
$1.56
$1.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRMN
GRMN
SF
SF
Cash + ST InvestmentsLiquidity on hand
$2.3B
$2.3B
Total DebtLower is stronger
$617.4M
Stockholders' EquityBook value
$6.0B
Total Assets
$11.0B
$41.3B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRMN
GRMN
SF
SF
Q1 26
$2.3B
Q4 25
$2.3B
$2.3B
Q3 25
$2.1B
$3.2B
Q2 25
$2.1B
$1.9B
Q1 25
$2.2B
$2.7B
Q4 24
$2.1B
$2.6B
Q3 24
$2.0B
$1.9B
Q2 24
$1.9B
$2.6B
Total Debt
GRMN
GRMN
SF
SF
Q1 26
Q4 25
$617.4M
Q3 25
$617.2M
Q2 25
$617.0M
Q1 25
$616.8M
Q4 24
$616.6M
Q3 24
$616.4M
Q2 24
$1.1B
Stockholders' Equity
GRMN
GRMN
SF
SF
Q1 26
Q4 25
$9.0B
$6.0B
Q3 25
$8.5B
$5.8B
Q2 25
$8.1B
$5.6B
Q1 25
$8.2B
$5.5B
Q4 24
$7.8B
$5.7B
Q3 24
$7.5B
$5.6B
Q2 24
$7.0B
$5.4B
Total Assets
GRMN
GRMN
SF
SF
Q1 26
$11.0B
Q4 25
$11.0B
$41.3B
Q3 25
$10.5B
$41.7B
Q2 25
$10.3B
$39.9B
Q1 25
$9.8B
$40.4B
Q4 24
$9.6B
$39.9B
Q3 24
$9.3B
$38.9B
Q2 24
$8.9B
$37.8B
Debt / Equity
GRMN
GRMN
SF
SF
Q1 26
Q4 25
0.10×
Q3 25
0.11×
Q2 25
0.11×
Q1 25
0.11×
Q4 24
0.11×
Q3 24
0.11×
Q2 24
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRMN
GRMN
SF
SF
Operating Cash FlowLast quarter
$536.0M
$382.4M
Free Cash FlowOCF − Capex
$469.4M
$369.0M
FCF MarginFCF / Revenue
26.8%
32.7%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.32×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRMN
GRMN
SF
SF
Q1 26
$536.0M
Q4 25
$553.8M
$382.4M
Q3 25
$485.6M
$338.3M
Q2 25
$173.2M
$607.5M
Q1 25
$420.8M
$-211.2M
Q4 24
$483.9M
$694.6M
Q3 24
$258.0M
$198.3M
Q2 24
$255.3M
$207.2M
Free Cash Flow
GRMN
GRMN
SF
SF
Q1 26
$469.4M
Q4 25
$429.6M
$369.0M
Q3 25
$425.1M
$321.1M
Q2 25
$127.5M
$592.7M
Q1 25
$380.7M
$-227.8M
Q4 24
$399.2M
$677.2M
Q3 24
$219.4M
$185.6M
Q2 24
$218.2M
$173.3M
FCF Margin
GRMN
GRMN
SF
SF
Q1 26
26.8%
Q4 25
20.2%
32.7%
Q3 25
24.0%
33.4%
Q2 25
7.0%
70.6%
Q1 25
24.8%
-27.0%
Q4 24
21.9%
73.9%
Q3 24
13.8%
22.9%
Q2 24
14.5%
21.7%
Capex Intensity
GRMN
GRMN
SF
SF
Q1 26
Q4 25
5.8%
1.2%
Q3 25
3.4%
1.8%
Q2 25
2.5%
1.8%
Q1 25
2.6%
2.0%
Q4 24
4.6%
1.9%
Q3 24
2.4%
1.6%
Q2 24
2.5%
4.2%
Cash Conversion
GRMN
GRMN
SF
SF
Q1 26
1.32×
Q4 25
1.05×
1.45×
Q3 25
1.21×
1.60×
Q2 25
0.43×
3.92×
Q1 25
1.26×
-3.99×
Q4 24
1.11×
2.85×
Q3 24
0.65×
1.25×
Q2 24
0.85×
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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