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| Date | Value |
|---|---|
| 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 |