Garmin (GRMN) Change in Receivables (2009 - 2026)
Garmin (GRMN) posted Change in Receivables of $217.6 million for Q2 2026, up 172.1% sequentially from -$301.8 million in Q1 2026, and up 11.48% YoY from $195.2 million in Q2 2025.
Garmin (GRMN) Change in Receivables (2009 - 2026) Analysis & Trends
Garmin has reported Change in Receivables for 18 years, with the latest figure at $217.6 million in Q2 2026.
- Quarterly Change in Receivables rose 11.48% year-over-year to $217.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $156.5 million (down 7.79% YoY) and the FY2025 annual result came in at $222.8 million, up 13.53% from the prior year.
- Change in Receivables grew to $217.6 million in Q2 2026 per GRMN's latest filing, from -$301.8 million in the prior quarter.
- Over five years, Change in Receivables peaked at $291.6 million in Q4 2025 and troughed at -$301.8 million in Q1 2026.
- A 5-year average of $16.5 million and a median of $33.1 million in 2023 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2024 and 2025: Change in Receivables surged 1275.92% in 2024, then plunged 153.61% in 2025.
- Over 5 years, Change in Receivables stood at -$10.7 million in 2022, then surged by 796.94% to $74.4 million in 2023, then rose by 24.64% to $92.7 million in 2024, then soared by 214.63% to $291.6 million in 2025, then dropped by 25.38% to $217.6 million in 2026.
- According to Business Quant data, Change in Receivables over the past three periods registered $217.6 million, -$301.8 million, and $291.6 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 Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 217.60 Mn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 122.00 Mn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 142.36 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | -17.70 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 55.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 8.80 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | -16.30 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 44.79 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 | 42.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 217.60 Mn |
| Jun 27, 2026 | 217.60 Mn |
| 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 |