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| 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 |