Garmin (GRMN) Accumulated Expenses (2009 - 2026)
Garmin (GRMN) posted Accumulated Expenses of $70.9 million for Q1 2026, down 2.73% sequentially from $72.9 million in Q4 2025, and down 65.33% YoY from $204.6 million in Q1 2025.
Garmin (GRMN) Accumulated Expenses (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 17 years of Accumulated Expenses data on file, last reported at $70.9 million in Q1 2026.
- Quarterly Accumulated Expenses fell 65.33% year-over-year to $70.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $70.9 million (down 65.33% YoY) and the FY2025 annual result came in at $72.9 million, down 32.79% from the prior year.
- Accumulated Expenses declined to $70.9 million in Q1 2026 per GRMN's latest filing, from $72.9 million in the prior quarter.
- The five-year high for Accumulated Expenses was $218.9 million in Q3 2024, with the low at $40.7 million in Q1 2022.
- Average Accumulated Expenses over 5 years is $129.8 million, with a median of $108.5 million recorded in 2024.
- Year-over-year, Accumulated Expenses slumped 72.6% in 2022 and soared 304.96% in 2023.
- Garmin's Accumulated Expenses stood at $51.0 million in 2022, then surged by 93.54% to $98.6 million in 2023, then gained by 10.02% to $108.5 million in 2024, then sank by 32.79% to $72.9 million in 2025, then dropped by 2.73% to $70.9 million in 2026.
- Business Quant data shows GRMN's Accumulated Expenses at $70.9 million in Q1 2026, $72.9 million in Q4 2025, and $86.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 70.93 Mn |
| Dec 27, 2025 | 72.92 Mn |
| Sep 27, 2025 | 86.58 Mn |
| Jun 28, 2025 | 193.60 Mn |
| Mar 29, 2025 | 204.59 Mn |
| Dec 28, 2024 | 108.49 Mn |
| Sep 28, 2024 | 218.94 Mn |
| Jun 29, 2024 | 90.19 Mn |
| Mar 30, 2024 | 192.83 Mn |
| Dec 30, 2023 | 98.61 Mn |
| Sep 30, 2023 | 196.67 Mn |
| Jul 1, 2023 | 52.35 Mn |
| Apr 1, 2023 | 164.81 Mn |
| Dec 31, 2022 | 50.95 Mn |
| Sep 24, 2022 | 184.80 Mn |
| Jun 25, 2022 | 178.67 Mn |
| Mar 26, 2022 | 40.70 Mn |
| Dec 25, 2021 | 45.47 Mn |
| Sep 25, 2021 | 173.57 Mn |
| Jun 26, 2021 | 44.58 Mn |