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| 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 |