Garmin (GRMN) Accounts Payables (2009 - 2026)
Garmin's (GRMN) quarterly Accounts Payables came in at $401.3 million in Q2 2026, up 1.01% year-over-year from $397.3 million in Q2 2025, and up 16.42% quarter-over-quarter from $344.7 million in Q1 2026.
Analysis
Garmin (GRMN) Accounts Payables (2009 - 2026) Analysis & Trends
Garmin has disclosed Accounts Payables across 17 years of filings, most recently posting $401.3 million for Q2 2026.
- In Q2 2026, Accounts Payables rose 1.01% year-over-year to $401.3 million; the TTM figure through Jun 2026 stood at $401.3 million (up 1.01% YoY), while the FY2025 annual figure was $347.5 million, down 3.3% from the prior year.
- Accounts Payables came in at $401.3 million for Q2 2026 at Garmin, up from $344.7 million in the prior quarter.
- In the past five years, Accounts Payables ranged from a high of $401.3 million in Q2 2026 to a low of $208.8 million in Q2 2023.
- Average Accounts Payables over 5 years is $311.5 million, with a median of $325.8 million recorded in 2022.
- Year-over-year, Accounts Payables tumbled 42.6% in 2022 and surged 41.84% in 2025.
- Over 5 years, 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 grew by 15.49% to $401.3 million in 2026.
- Per Business Quant data, the three most recent Accounts Payables figures were $401.3 million in Q2 2026, $344.7 million in Q1 2026, and $347.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,859.45 Bn | 4,797.05 Bn | 54.77 Bn | 64.53 Bn |
| 2 | Garmin | 53.81 Bn | 51.14 Bn | 1.26 Bn | 401.32 Mn |
| 3 | Vuzix | 211.42 Mn | 194.13 Mn | -645,411.00 | 1.45 Mn |
| 4 | Zepp Health | 69.33 Mn | -328,416.31 | 23.73 Mn | 87.98 Mn |
| 5 | Foxx Development Holdings | 17.72 Mn | 14.53 Mn | -1.45 Mn | 32.33 Mn |
| 6 | Wearable Devices | 652,391.50 | -18.19 Mn | - | 116,000.00 |
Historic Data
Download Data
Historic 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 |