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
DateValue
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