Garmin (GRMN) Accounts Payables (2009 - 2026)

Garmin's (GRMN) quarterly Accounts Payables came in at $344.7 million in Q1 2026, little changed year-on-year from $344.8 million in Q1 2025, and down 0.8% quarter-over-quarter from $347.5 million in Q4 2025.

Garmin (GRMN) Accounts Payables (2009 - 2026) Analysis & Trends

Garmin has disclosed Accounts Payables across 17 years of filings, most recently posting $344.7 million for Q1 2026.

  • Accounts Payables for Q1 2026 came in at $344.7 million, changed 0.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $344.7 million (changed 0.02% YoY), and the FY2025 annual result was $347.5 million, down 3.3% from the prior year.
  • Accounts Payables came in at $344.7 million for Q1 2026 at Garmin, down from $347.5 million in the prior quarter.
  • In the past five years, Accounts Payables ranged from a high of $397.3 million in Q2 2025 to a low of $208.8 million in Q2 2023.
  • The 5-year median for Accounts Payables is $319.7 million (2022), against an average of $306.2 million.
  • Across the five-year window, Accounts Payables plunged 42.6% in 2022 and jumped 41.84% in 2025, its largest moves.
  • Garmin's Accounts Payables stood at $212.4 million in 2022, then grew by 19.48% to $253.8 million in 2023, then surged by 41.6% to $359.4 million in 2024, then slipped by 3.3% to $347.5 million in 2025, then retreated by 0.8% to $344.7 million in 2026.
  • The last three Accounts Payables figures came in at $344.7 million (Q1 2026), $347.5 million (Q4 2025), and $378.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Accounts Payables (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 1.34 Bn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 334.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 344.72 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 541.40 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 448.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 415.90 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 175.70 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 59.55 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 106.68 Mn
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 446.40 Mn

Historic Data

Download Data
DateValue
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
Jun 26, 2021 303.95 Mn