Garmin (GRMN) Change in Account Payables (2009 - 2026)

Garmin (GRMN) posted Change in Account Payables of $3.4 million for Q1 2026, up 114.82% sequentially from -$23.0 million in Q4 2025, and up 126.98% YoY from $1.5 million in Q1 2025.

Garmin (GRMN) Change in Account Payables (2009 - 2026) Analysis & Trends

Garmin (GRMN) has 18 years of Change in Account Payables data on file, last reported at $3.4 million in Q1 2026.

  • Quarterly Change in Account Payables rose 126.98% year-over-year to $3.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$14.5 million (down 113.25% YoY) and the FY2025 annual result came in at -$30.5 million, down 125.3% from the prior year.
  • Change in Account Payables advanced to $3.4 million in Q1 2026 per GRMN's latest filing, from -$23.0 million in the prior quarter.
  • The five-year high for Change in Account Payables was $93.3 million in Q2 2024, with the low at -$67.1 million in Q4 2022.
  • Average Change in Account Payables over 5 years is -$543470.6, with a median of -$3.7 million recorded in 2024.
  • Year-over-year, Change in Account Payables slumped 1684.99% in 2022 and soared 218.24% in 2024.
  • 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 plunged by 524.99% to -$23.0 million in 2025, then soared by 114.82% to $3.4 million in 2026.
  • Business Quant data shows GRMN's Change in Account Payables at $3.4 million in Q1 2026, -$23.0 million in Q4 2025, and -$4.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Payables (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 144.10 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn -
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -13.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 60.40 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn -19.80 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 8.40 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 9.39 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 3.41 Mn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 34.26 Mn

Historic Data

Download Data
DateValue
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