Garmin GRMN
NYSE GRMN
$278.92 -1.46 (-0.52%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

Garmin's (GRMN) quarterly Change in Account Payables came in at $56.1 million in Q2 2026, up 459.27% year-over-year from $10.0 million in Q2 2025, and up 1547.78% quarter-over-quarter from $3.4 million in Q1 2026.

Analysis

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 $56.1 million for Q2 2026.

  • In Q2 2026, Change in Account Payables rose 459.27% year-over-year to $56.1 million; the TTM figure through Jun 2026 stood at $31.6 million (up 21.7% YoY), while the FY2025 annual figure was -$30.5 million, down 125.3% from the prior year.
  • Change in Account Payables came in at $56.1 million for Q2 2026 at Garmin, up from $3.4 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.
  • Average Change in Account Payables over 5 years is $2.6 million, with a median of -$2.5 million recorded in 2024.
  • Year-over-year, Change in Account Payables tumbled 1684.99% in 2022 and soared 459.27% in 2026.
  • Over 5 years, 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 sank by 524.99% to -$23.0 million in 2025, then jumped by 344.22% to $56.1 million in 2026.
  • Per Business Quant data, the three most recent Change in Account Payables figures were $56.1 million in Q2 2026, $3.4 million in Q1 2026, and -$23.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Apple 4,859.45 Bn 4,797.05 Bn 54.77 Bn 7.09 Bn
2 Garmin 53.81 Bn 51.14 Bn 1.26 Bn 56.14 Mn
3 Vuzix 211.42 Mn 194.13 Mn -645,411.00 -
4 Zepp Health 69.33 Mn -328,416.31 23.73 Mn -
5 Foxx Development Holdings 17.72 Mn 14.53 Mn -1.45 Mn 2.65 Mn
6 Wearable Devices 652,391.50 -18.19 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 56.14 Mn
Mar 28, 2026 3.41 Mn
Dec 27, 2025 -22.99 Mn
Sep 27, 2025 -4.94 Mn
Jun 28, 2025 10.04 Mn
Mar 29, 2025 -12.63 Mn
Dec 28, 2024 -3.68 Mn
Sep 28, 2024 32.25 Mn
Jun 29, 2024 93.35 Mn
Mar 30, 2024 -1.28 Mn
Dec 30, 2023 -26.84 Mn
Sep 30, 2023 10.13 Mn
Jul 1, 2023 49.41 Mn
Apr 1, 2023 -4.20 Mn
Dec 31, 2022 -67.07 Mn
Sep 24, 2022 -34.37 Mn
Jun 25, 2022 32.11 Mn
Mar 26, 2022 -61.94 Mn
Dec 25, 2021 51.34 Mn
Sep 25, 2021 13.46 Mn