Garmin GRMN
NYSE GRMN
$294.85 +1.76 (+0.60%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Garmin (GRMN) posted Change in Account Payables of $56.1 million for Q2 2026, up 1547.78% sequentially from $3.4 million in Q1 2026, and up 459.27% YoY from $10.0 million in Q2 2025.

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

Garmin has reported Change in Account Payables for 18 years, with the latest figure at $56.1 million in Q2 2026.

  • Quarterly Change in Account Payables rose 459.27% year-over-year to $56.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $31.6 million (up 21.7% YoY) and the FY2025 annual result came in at -$30.5 million, down 125.3% from the prior year.
  • Change in Account Payables grew to $56.1 million in Q2 2026 per GRMN's latest filing, from $3.4 million in the prior quarter.
  • Over five years, Change in Account Payables peaked at $93.3 million in Q2 2024 and troughed at -$67.1 million in Q4 2022.
  • A 5-year average of $2.6 million and a median of -$2.5 million in 2024 frame the typical range for Change in Account Payables.
  • The sharpest annual moves came in 2022 and 2026: Change in Account Payables plunged 1684.99% in 2022, then jumped 459.27% in 2026.
  • Over 5 years, Change in Account Payables stood at -$67.1 million in 2022, then jumped by 59.99% to -$26.8 million in 2023, then jumped by 86.3% to -$3.7 million in 2024, then tumbled by 524.99% to -$23.0 million in 2025, then soared by 344.22% to $56.1 million in 2026.
  • According to Business Quant data, Change in Account Payables over the past three periods registered $56.1 million, $3.4 million, and -$23.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Garmin 56.90 Bn 54.24 Bn 1.26 Bn 56.14 Mn
2 Keysight Technologies 53.99 Bn 51.57 Bn 1.18 Bn 59.00 Mn
3 Coherent 51.17 Bn 49.18 Bn 787.08 Mn 398.87 Mn
4 Teledyne Technologies 29.38 Bn 29.04 Bn 738.10 Mn -45.10 Mn
5 Mks 18.84 Bn 18.23 Bn 595.00 Mn 101.00 Mn
6 Fortive 18.30 Bn 17.93 Bn 695.30 Mn 12.40 Mn
7 Trimble 14.04 Bn 13.83 Bn 674.90 Mn 18.40 Mn
8 Cognex 10.12 Bn 9.71 Bn 205.77 Mn 5.42 Mn
9 Esco Technologies 7.42 Bn 7.35 Bn 141.52 Mn -
10 Sensata Technologies Holding 6.22 Bn 5.82 Bn 301.80 Mn -

Historic Data

Download Data
DateValue
Jun 27, 2026 56.14 Mn
Jun 27, 2026 56.14 Mn
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