Garmin (GRMN) Change in Accured Expenses (2009 - 2026)
Garmin (GRMN) posted Change in Accured Expenses of $22.1 million for Q2 2026, up 124.42% sequentially from -$90.4 million in Q1 2026, and down 63.05% YoY from $59.7 million in Q2 2025.
Garmin (GRMN) Change in Accured Expenses (2009 - 2026) Analysis & Trends
Garmin has reported Change in Accured Expenses for 18 years, with the latest figure at $22.1 million in Q2 2026.
- Quarterly Change in Accured Expenses fell 63.05% year-over-year to $22.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $14.5 million (down 83.73% YoY) and the FY2025 annual result came in at $85.2 million, up 247.13% from the prior year.
- Change in Accured Expenses improved to $22.1 million in Q2 2026 per GRMN's latest filing, from -$90.4 million in the prior quarter.
- Over five years, Change in Accured Expenses peaked at $83.3 million in Q4 2025 and troughed at -$119.2 million in Q1 2022.
- A 5-year average of $1.2 million and a median of $17.3 million in 2022 frame the typical range for Change in Accured Expenses.
- The sharpest annual moves came in 2022 and 2025: Change in Accured Expenses tumbled 1675.53% in 2022, then jumped 2197.15% in 2025.
- Over 5 years, Change in Accured Expenses stood at $12.5 million in 2022, then soared by 313.04% to $51.8 million in 2023, then plunged by 39.08% to $31.5 million in 2024, then soared by 164.05% to $83.3 million in 2025, then sank by 73.49% to $22.1 million in 2026.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered $22.1 million, -$90.4 million, and $83.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 22.07 Mn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 122.00 Mn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 81.47 Mn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 88.90 Mn |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | - |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 3.70 Mn |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | 42.10 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 4.97 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 | 62.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 22.07 Mn |
| Jun 27, 2026 | 22.07 Mn |
| Mar 28, 2026 | -90.38 Mn |
| Mar 28, 2026 | -90.38 Mn |
| Dec 27, 2025 | 83.26 Mn |
| Dec 27, 2025 | 83.26 Mn |
| Sep 27, 2025 | -464,000.00 |
| Sep 27, 2025 | -464,000.00 |
| Jun 28, 2025 | 59.73 Mn |
| Jun 28, 2025 | 59.73 Mn |
| Mar 29, 2025 | -57.32 Mn |
| Mar 29, 2025 | -57.32 Mn |
| Dec 28, 2024 | 31.53 Mn |
| Dec 28, 2024 | 31.53 Mn |
| Sep 28, 2024 | 55.11 Mn |
| Sep 28, 2024 | 55.11 Mn |
| Jun 29, 2024 | 2.60 Mn |
| Jun 29, 2024 | 2.60 Mn |
| Mar 30, 2024 | -64.70 Mn |
| Mar 30, 2024 | -64.70 Mn |