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

Garmin's (GRMN) quarterly Change in Receivables came in at -$301.8 million in Q1 2026, down 41.63% year-on-year from -$517.0 million in Q1 2025, and down 203.49% quarter-over-quarter from $291.6 million in Q4 2025.

Garmin (GRMN) Change in Receivables (2009 - 2026) Analysis & Trends

Garmin has disclosed Change in Receivables across 18 years of filings, most recently posting -$301.8 million for Q1 2026.

  • Change in Receivables for Q1 2026 came in at -$301.8 million, down 41.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $134.1 million (up 46.37% YoY), and the FY2025 annual result was $222.8 million, up 13.53% from the prior year.
  • Change in Receivables came in at -$301.8 million for Q1 2026 at Garmin, down from $291.6 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $291.6 million in Q4 2025 to a low of -$301.8 million in Q1 2026.
  • The 5-year median for Change in Receivables is -$8.1 million (2023), against an average of $4.7 million.
  • Across the five-year window, Change in Receivables soared 1275.92% in 2024 and plunged 153.61% in 2025, its largest moves.
  • Garmin's Change in Receivables stood at -$10.7 million in 2022, then soared by 796.94% to $74.4 million in 2023, then grew by 24.64% to $92.7 million in 2024, then jumped by 214.63% to $291.6 million in 2025, then sank by 203.49% to -$301.8 million in 2026.
  • The last three Change in Receivables figures came in at -$301.8 million (Q1 2026), $291.6 million (Q4 2025), and -$50.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 133.88 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn -33.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn -301.79 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 28.50 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 129.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn -34.80 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn -234.10 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 23.71 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn -
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 34.30 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