Garmin (GRMN) Accumulated Expenses (2009 - 2026)

Garmin's (GRMN) quarterly Accumulated Expenses came in at $70.9 million in Q1 2026, down 65.33% year-on-year from $204.6 million in Q1 2025, and down 2.73% quarter-over-quarter from $72.9 million in Q4 2025.

Garmin (GRMN) Accumulated Expenses (2009 - 2026) Analysis & Trends

Garmin has disclosed Accumulated Expenses across 17 years of filings, most recently posting $70.9 million for Q1 2026.

  • Accumulated Expenses for Q1 2026 came in at $70.9 million, down 65.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $70.9 million (down 65.33% YoY), and the FY2025 annual result was $72.9 million, down 32.79% from the prior year.
  • Accumulated Expenses came in at $70.9 million for Q1 2026 at Garmin, down from $72.9 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $218.9 million in Q3 2024 to a low of $40.7 million in Q1 2022.
  • The 5-year median for Accumulated Expenses is $108.5 million (2024), against an average of $129.8 million.
  • Across the five-year window, Accumulated Expenses plunged 72.6% in 2022 and surged 304.96% in 2023, its largest moves.
  • Garmin's Accumulated Expenses stood at $51.0 million in 2022, then surged by 93.54% to $98.6 million in 2023, then grew by 10.02% to $108.5 million in 2024, then plunged by 32.79% to $72.9 million in 2025, then retreated by 2.73% to $70.9 million in 2026.
  • The last three Accumulated Expenses figures came in at $70.9 million (Q1 2026), $72.9 million (Q4 2025), and $86.6 million (Q3 2025), per Business Quant data.

Peer Comparison

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