Garmin (GRMN) Change in Inventory (2009 - 2026)
Garmin's (GRMN) quarterly Change in Inventory came in at $114.3 million in Q2 2026, up 9.86% year-over-year from $104.0 million in Q2 2025, and up 20.23% quarter-over-quarter from $95.1 million in Q1 2026.
Analysis
Garmin (GRMN) Change in Inventory (2009 - 2026) Analysis & Trends
Garmin has disclosed Change in Inventory across 18 years of filings, most recently posting $114.3 million for Q2 2026.
- In Q2 2026, Change in Inventory rose 9.86% year-over-year to $114.3 million; the TTM figure through Jun 2026 stood at $221.1 million (down 40.83% YoY), while the FY2025 annual figure was $218.1 million, up 21.95% from the prior year.
- Change in Inventory came in at $114.3 million for Q2 2026 at Garmin, up from $95.1 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $160.0 million in Q2 2022 to a low of -$133.0 million in Q4 2023.
- Average Change in Inventory over 5 years is $40.3 million, with a median of $61.5 million recorded in 2024.
- Year-over-year, Change in Inventory jumped 211701.39% in 2024 and sank 814.49% in 2025.
- Over 5 years, Change in Inventory stood at -$79.0 million in 2022, then sank by 68.45% to -$133.0 million in 2023, then soared by 111.24% to $15.0 million in 2024, then slumped by 814.49% to -$106.8 million in 2025, then surged by 207.0% to $114.3 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were $114.3 million in Q2 2026, $95.1 million in Q1 2026, and -$106.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn | 4.38 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn | 114.30 Mn |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 | - |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn | - |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn | -125,189.00 |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 114.30 Mn |
| Mar 28, 2026 | 95.06 Mn |
| Dec 27, 2025 | -106.82 Mn |
| Sep 27, 2025 | 118.60 Mn |
| Jun 28, 2025 | 104.04 Mn |
| Mar 29, 2025 | 102.24 Mn |
| Dec 28, 2024 | 14.95 Mn |
| Sep 28, 2024 | 152.50 Mn |
| Jun 29, 2024 | 27.91 Mn |
| Mar 30, 2024 | -16.55 Mn |
| Dec 30, 2023 | -133.05 Mn |
| Sep 30, 2023 | 72,000.00 |
| Jul 1, 2023 | -67.82 Mn |
| Apr 1, 2023 | -43.71 Mn |
| Dec 31, 2022 | -78.99 Mn |
| Sep 24, 2022 | 147.55 Mn |
| Jun 25, 2022 | 159.96 Mn |
| Mar 26, 2022 | 134.81 Mn |
| Dec 25, 2021 | 119.07 Mn |
| Sep 25, 2021 | 180.19 Mn |