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
DateValue
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