Garmin (GRMN) Change in Inventory (2009 - 2026)

Garmin (GRMN) posted Change in Inventory of $95.1 million for Q1 2026, up 189.0% sequentially from -$106.8 million in Q4 2025, and down 7.02% YoY from $102.2 million in Q1 2025.

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

Garmin (GRMN) has 18 years of Change in Inventory data on file, last reported at $95.1 million in Q1 2026.

  • Quarterly Change in Inventory fell 7.02% year-over-year to $95.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $210.9 million (down 29.14% YoY) and the FY2025 annual result came in at $218.1 million, up 21.95% from the prior year.
  • Change in Inventory rose to $95.1 million in Q1 2026 per GRMN's latest filing, from -$106.8 million in the prior quarter.
  • The five-year high for Change in Inventory was $160.0 million in Q2 2022, with the low at -$133.0 million in Q4 2023.
  • Average Change in Inventory over 5 years is $35.9 million, with a median of $27.9 million recorded in 2024.
  • Year-over-year, Change in Inventory jumped 211701.39% in 2024 and plunged 814.49% in 2025.
  • Garmin's Change in Inventory stood at -$79.0 million in 2022, then plunged by 68.45% to -$133.0 million in 2023, then soared by 111.24% to $15.0 million in 2024, then sank by 814.49% to -$106.8 million in 2025, then soared by 189.0% to $95.1 million in 2026.
  • Business Quant data shows GRMN's Change in Inventory at $95.1 million in Q1 2026, -$106.8 million in Q4 2025, and $118.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 278.05 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 6.83 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 3.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 86.70 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 14.80 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 800,000.00
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn -8,000.00
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn -13.00 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 95.06 Mn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn 23.70 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 95.06 Mn
Mar 28, 2026 95.06 Mn
Dec 27, 2025 -106.82 Mn
Dec 27, 2025 -106.82 Mn
Sep 27, 2025 118.60 Mn
Sep 27, 2025 118.60 Mn
Jun 28, 2025 104.04 Mn
Jun 28, 2025 104.04 Mn
Mar 29, 2025 102.24 Mn
Mar 29, 2025 102.24 Mn
Dec 28, 2024 14.95 Mn
Dec 28, 2024 14.95 Mn
Sep 28, 2024 152.50 Mn
Sep 28, 2024 152.50 Mn
Jun 29, 2024 27.91 Mn
Jun 29, 2024 27.91 Mn
Mar 30, 2024 -16.55 Mn
Mar 30, 2024 -16.55 Mn
Dec 30, 2023 -133.05 Mn
Dec 30, 2023 -133.05 Mn