Garmin (GRMN) Change in Account Payables (2009 - 2026)
Garmin's (GRMN) quarterly Change in Account Payables came in at $3.4 million in Q1 2026, up 126.98% year-on-year from $1.5 million in Q1 2025, and up 114.82% quarter-over-quarter from -$23.0 million in Q4 2025.
Garmin (GRMN) Change in Account Payables (2009 - 2026) Analysis & Trends
Garmin has disclosed Change in Account Payables across 18 years of filings, most recently posting $3.4 million for Q1 2026.
- Change in Account Payables for Q1 2026 came in at $3.4 million, up 126.98% year-over-year; the trailing twelve-month figure through Mar 2026 was -$14.5 million (down 113.25% YoY), and the FY2025 annual result was -$30.5 million, down 125.3% from the prior year.
- Change in Account Payables came in at $3.4 million for Q1 2026 at Garmin, up from -$23.0 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $93.3 million in Q2 2024 to a low of -$67.1 million in Q4 2022.
- The 5-year median for Change in Account Payables is -$3.7 million (2024), against an average of -$543470.6.
- Across the five-year window, Change in Account Payables plunged 1684.99% in 2022 and surged 218.24% in 2024, its largest moves.
- Garmin's Change in Account Payables stood at -$67.1 million in 2022, then surged by 59.99% to -$26.8 million in 2023, then surged by 86.3% to -$3.7 million in 2024, then tumbled by 524.99% to -$23.0 million in 2025, then soared by 114.82% to $3.4 million in 2026.
- The last three Change in Account Payables figures came in at $3.4 million (Q1 2026), -$23.0 million (Q4 2025), and -$4.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 144.10 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | -13.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 3.41 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 60.40 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 45.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | -19.80 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 8.40 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 9.39 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 | 3.41 Mn |
| Mar 28, 2026 | 3.41 Mn |
| Dec 27, 2025 | -22.99 Mn |
| Dec 27, 2025 | -22.99 Mn |
| Sep 27, 2025 | -4.94 Mn |
| Sep 27, 2025 | -4.94 Mn |
| Jun 28, 2025 | 10.04 Mn |
| Jun 28, 2025 | 10.04 Mn |
| Mar 29, 2025 | -12.63 Mn |
| Mar 29, 2025 | -12.63 Mn |
| Dec 28, 2024 | -3.68 Mn |
| Dec 28, 2024 | -3.68 Mn |
| Sep 28, 2024 | 32.25 Mn |
| Sep 28, 2024 | 32.25 Mn |
| Jun 29, 2024 | 93.35 Mn |
| Jun 29, 2024 | 93.35 Mn |
| Mar 30, 2024 | -1.28 Mn |
| Mar 30, 2024 | -1.28 Mn |
| Dec 30, 2023 | -26.84 Mn |
| Dec 30, 2023 | -26.84 Mn |