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| Date | Value |
|---|---|
| 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 |