Garmin (GRMN) Change in Inventory (2009 - 2026)
Garmin (GRMN) posted Change in Inventory of $114.3 million for Q2 2026, up 20.23% sequentially from $95.1 million in Q1 2026, and up 9.86% YoY from $104.0 million in Q2 2025.
Garmin (GRMN) Change in Inventory (2009 - 2026) Analysis & Trends
Garmin has reported Change in Inventory for 18 years, with the latest figure at $114.3 million in Q2 2026.
- Quarterly Change in Inventory rose 9.86% year-over-year to $114.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $221.1 million (down 40.83% YoY) and the FY2025 annual result came in at $218.1 million, up 21.95% from the prior year.
- Change in Inventory grew to $114.3 million in Q2 2026 per GRMN's latest filing, from $95.1 million in the prior quarter.
- Over five years, Change in Inventory peaked at $160.0 million in Q2 2022 and troughed at -$133.0 million in Q4 2023.
- A 5-year average of $40.3 million and a median of $61.5 million in 2024 frame the typical range for Change in Inventory.
- The sharpest annual moves came in 2024 and 2025: Change in Inventory surged 211701.39% in 2024, then slumped 814.49% in 2025.
- Over 5 years, Change in Inventory stood at -$79.0 million in 2022, then tumbled by 68.45% to -$133.0 million in 2023, then surged by 111.24% to $15.0 million in 2024, then plunged by 814.49% to -$106.8 million in 2025, then jumped by 207.0% to $114.3 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $114.3 million, $95.1 million, and -$106.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 114.30 Mn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 3.00 Mn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 483.58 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 52.80 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 90.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 5.20 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | -6.30 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 7.72 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | - |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | -24.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 114.30 Mn |
| Jun 27, 2026 | 114.30 Mn |
| 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 |