Garmin (GRMN) Accounts Payables (2009 - 2026)
Garmin (GRMN) posted Accounts Payables of $401.3 million for Q2 2026, up 16.42% sequentially from $344.7 million in Q1 2026, and up 1.01% YoY from $397.3 million in Q2 2025.
Garmin (GRMN) Accounts Payables (2009 - 2026) Analysis & Trends
Garmin has reported Accounts Payables for 17 years, with the latest figure at $401.3 million in Q2 2026.
- Quarterly Accounts Payables rose 1.01% year-over-year to $401.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $401.3 million (up 1.01% YoY) and the FY2025 annual result came in at $347.5 million, down 3.3% from the prior year.
- Accounts Payables grew to $401.3 million in Q2 2026 per GRMN's latest filing, from $344.7 million in the prior quarter.
- Over five years, Accounts Payables peaked at $401.3 million in Q2 2026 and troughed at $208.8 million in Q2 2023.
- A 5-year average of $311.5 million and a median of $325.8 million in 2022 frame the typical range for Accounts Payables.
- The sharpest annual moves came in 2022 and 2025: Accounts Payables plunged 42.6% in 2022, then soared 41.84% in 2025.
- Over 5 years, Accounts Payables stood at $212.4 million in 2022, then rose by 19.48% to $253.8 million in 2023, then jumped by 41.6% to $359.4 million in 2024, then declined by 3.3% to $347.5 million in 2025, then rose by 15.49% to $401.3 million in 2026.
- According to Business Quant data, Accounts Payables over the past three periods registered $401.3 million, $344.7 million, and $347.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.93 Bn | 54.26 Bn | 1.26 Bn | 401.32 Mn |
| 2 | Keysight Technologies | 53.95 Bn | 51.54 Bn | 1.18 Bn | 392.00 Mn |
| 3 | Coherent | 51.09 Bn | 49.11 Bn | 787.08 Mn | 1.91 Bn |
| 4 | Teledyne Technologies | 29.33 Bn | 28.99 Bn | 738.10 Mn | 492.30 Mn |
| 5 | Mks | 18.83 Bn | 18.21 Bn | 595.00 Mn | 534.00 Mn |
| 6 | Fortive | 18.29 Bn | 17.91 Bn | 695.30 Mn | 427.90 Mn |
| 7 | Trimble | 14.06 Bn | 13.85 Bn | 674.90 Mn | 195.30 Mn |
| 8 | Cognex | 10.10 Bn | 9.70 Bn | 205.77 Mn | 65.06 Mn |
| 9 | Esco Technologies | 7.47 Bn | 7.40 Bn | 141.52 Mn | 116.54 Mn |
| 10 | Sensata Technologies Holding | 6.23 Bn | 5.83 Bn | 301.80 Mn | 473.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 401.32 Mn |
| Mar 28, 2026 | 344.72 Mn |
| Dec 27, 2025 | 347.49 Mn |
| Sep 27, 2025 | 378.02 Mn |
| Jun 28, 2025 | 397.30 Mn |
| Mar 29, 2025 | 344.80 Mn |
| Dec 28, 2024 | 359.37 Mn |
| Sep 28, 2024 | 374.03 Mn |
| Jun 29, 2024 | 331.94 Mn |
| Mar 30, 2024 | 243.09 Mn |
| Dec 30, 2023 | 253.79 Mn |
| Sep 30, 2023 | 268.03 Mn |
| Jul 1, 2023 | 253.80 Mn |
| Apr 1, 2023 | 208.80 Mn |
| Dec 31, 2022 | 212.42 Mn |
| Sep 24, 2022 | 268.67 Mn |
| Jun 25, 2022 | 319.73 Mn |
| Mar 26, 2022 | 298.99 Mn |
| Dec 25, 2021 | 370.05 Mn |
| Sep 25, 2021 | 318.60 Mn |