Garmin (GRMN) Change in Receivables (2009 - 2026)
Garmin (GRMN) posted Change in Receivables of -$301.8 million for Q1 2026, down 203.49% sequentially from $291.6 million in Q4 2025, and down 41.63% YoY from -$517.0 million in Q1 2025.
Garmin (GRMN) Change in Receivables (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 18 years of Change in Receivables data on file, last reported at -$301.8 million in Q1 2026.
- Quarterly Change in Receivables fell 41.63% year-over-year to -$301.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $134.1 million (up 46.37% YoY) and the FY2025 annual result came in at $222.8 million, up 13.53% from the prior year.
- Change in Receivables slipped to -$301.8 million in Q1 2026 per GRMN's latest filing, from $291.6 million in the prior quarter.
- The five-year high for Change in Receivables was $291.6 million in Q4 2025, with the low at -$301.8 million in Q1 2026.
- Average Change in Receivables over 5 years is $4.7 million, with a median of -$8.1 million recorded in 2023.
- Year-over-year, Change in Receivables jumped 1275.92% in 2024 and slumped 153.61% in 2025.
- Garmin's Change in Receivables stood at -$10.7 million in 2022, then soared by 796.94% to $74.4 million in 2023, then gained by 24.64% to $92.7 million in 2024, then jumped by 214.63% to $291.6 million in 2025, then slumped by 203.49% to -$301.8 million in 2026.
- Business Quant data shows GRMN's Change in Receivables at -$301.8 million in Q1 2026, $291.6 million in Q4 2025, and -$50.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 133.88 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | -9.70 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | -33.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 28.50 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | -34.80 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | -234.10 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 23.71 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 34.30 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | -301.79 Mn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | -1.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | -301.79 Mn |
| Mar 28, 2026 | -301.79 Mn |
| Dec 27, 2025 | 291.63 Mn |
| Dec 27, 2025 | 291.63 Mn |
| Sep 27, 2025 | -50.92 Mn |
| Sep 27, 2025 | -50.92 Mn |
| Jun 28, 2025 | 195.19 Mn |
| Jun 28, 2025 | 195.19 Mn |
| Mar 29, 2025 | -213.09 Mn |
| Mar 29, 2025 | -213.09 Mn |
| Dec 28, 2024 | 92.69 Mn |
| Dec 28, 2024 | 92.69 Mn |
| Sep 28, 2024 | 94.97 Mn |
| Sep 28, 2024 | 94.97 Mn |
| Jun 29, 2024 | 117.05 Mn |
| Jun 29, 2024 | 117.05 Mn |
| Mar 30, 2024 | -108.45 Mn |
| Mar 30, 2024 | -108.45 Mn |
| Dec 30, 2023 | 74.36 Mn |
| Dec 30, 2023 | 74.36 Mn |