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

Garmin has disclosed Change in Inventory across 18 years of filings, most recently posting $95.1 million for Q1 2026.

• Change in Inventory for Q1 2026 came in at $95.1 million, down 7.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $210.9 million (down 29.14% YoY), and the FY2025 annual result was $218.1 million, up 21.95% from the prior year.
• Change in Inventory came in at $95.1 million for Q1 2026 at Garmin, up from -$106.8 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.
• The 5-year median for Change in Inventory is $27.9 million (2024), against an average of $35.9 million.
• Across the five-year window, Change in Inventory soared 211701.39% in 2024 and slumped 814.49% in 2025, its largest moves.
• Garmin's Change in Inventory stood at -$79.0 million in 2022, then tumbled by 68.45% to -$133.0 million in 2023, then soared by 111.24% to $15.0 million in 2024, then plunged by 814.49% to -$106.8 million in 2025, then soared by 189.0% to $95.1 million in 2026.
• The last three Change in Inventory figures came in at $95.1 million (Q1 2026), -$106.8 million (Q4 2025), and $118.6 million (Q3 2025), per Business Quant data.