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
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