Garmin (GRMN) Change in Accured Expenses (2009 - 2026)
Garmin's (GRMN) quarterly Change in Accured Expenses came in at $22.1 million in Q2 2026, down 63.05% year-over-year from $59.7 million in Q2 2025, and up 124.42% quarter-over-quarter from -$90.4 million in Q1 2026.
Analysis
Garmin (GRMN) Change in Accured Expenses (2009 - 2026) Analysis & Trends
Garmin has disclosed Change in Accured Expenses across 18 years of filings, most recently posting $22.1 million for Q2 2026.
- In Q2 2026, Change in Accured Expenses fell 63.05% year-over-year to $22.1 million; the TTM figure through Jun 2026 stood at $14.5 million (down 83.73% YoY), while the FY2025 annual figure was $85.2 million, up 247.13% from the prior year.
- Change in Accured Expenses came in at $22.1 million for Q2 2026 at Garmin, up from -$90.4 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $83.3 million in Q4 2025 to a low of -$119.2 million in Q1 2022.
- Average Change in Accured Expenses over 5 years is $1.2 million, with a median of $17.3 million recorded in 2022.
- Year-over-year, Change in Accured Expenses slumped 1675.53% in 2022 and soared 2197.15% in 2025.
- Over 5 years, Change in Accured Expenses stood at $12.5 million in 2022, then jumped by 313.04% to $51.8 million in 2023, then slumped by 39.08% to $31.5 million in 2024, then jumped by 164.05% to $83.3 million in 2025, then tumbled by 73.49% to $22.1 million in 2026.
- Per Business Quant data, the three most recent Change in Accured Expenses figures were $22.1 million in Q2 2026, -$90.4 million in Q1 2026, and $83.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,859.45 Bn | 4,797.05 Bn | 54.77 Bn | 2.72 Bn |
| 2 | Garmin | 53.81 Bn | 51.14 Bn | 1.26 Bn | 22.07 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 | 2.54 Mn |
| 6 | Wearable Devices | 652,391.50 | -18.19 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 22.07 Mn |
| Mar 28, 2026 | -90.38 Mn |
| Dec 27, 2025 | 83.26 Mn |
| Sep 27, 2025 | -464,000.00 |
| Jun 28, 2025 | 59.73 Mn |
| Mar 29, 2025 | -57.32 Mn |
| Dec 28, 2024 | 31.53 Mn |
| Sep 28, 2024 | 55.11 Mn |
| Jun 29, 2024 | 2.60 Mn |
| Mar 30, 2024 | -64.70 Mn |
| Dec 30, 2023 | 51.76 Mn |
| Sep 30, 2023 | 39.91 Mn |
| Jul 1, 2023 | 27.92 Mn |
| Apr 1, 2023 | -67.41 Mn |
| Dec 31, 2022 | 12.53 Mn |
| Sep 24, 2022 | -10.01 Mn |
| Jun 25, 2022 | 44.89 Mn |
| Mar 26, 2022 | -119.16 Mn |
| Dec 25, 2021 | 109.95 Mn |
| Sep 25, 2021 | -564,000.00 |