Garmin GRMN
NYSE GRMN
$272.37 +0.19 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Garmin's (GRMN) quarterly Change in Receivables came in at $217.6 million in Q2 2026, up 11.48% year-over-year from $195.2 million in Q2 2025, and up 172.1% quarter-over-quarter from -$301.8 million in Q1 2026.

Analysis

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

Garmin has disclosed Change in Receivables across 18 years of filings, most recently posting $217.6 million for Q2 2026.

  • In Q2 2026, Change in Receivables rose 11.48% year-over-year to $217.6 million; the TTM figure through Jun 2026 stood at $156.5 million (down 7.79% YoY), while the FY2025 annual figure was $222.8 million, up 13.53% from the prior year.
  • Change in Receivables came in at $217.6 million for Q2 2026 at Garmin, up from -$301.8 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.
  • Average Change in Receivables over 5 years is $16.5 million, with a median of $33.1 million recorded in 2023.
  • Year-over-year, Change in Receivables jumped 1275.92% in 2024 and tumbled 153.61% in 2025.
  • Over 5 years, 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 decreased by 25.38% to $217.6 million in 2026.
  • Per Business Quant data, the three most recent Change in Receivables figures were $217.6 million in Q2 2026, -$301.8 million in Q1 2026, and $291.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Apple 4,784.34 Bn 4,721.94 Bn 54.77 Bn 979.00 Mn
2 Garmin 52.47 Bn 49.80 Bn 1.26 Bn 217.60 Mn
3 Vuzix 212.26 Mn 194.96 Mn -645,411.00 -
4 Zepp Health 77.84 Mn 8.18 Mn 23.73 Mn -
5 Foxx Development Holdings 18.87 Mn 15.68 Mn -1.45 Mn -835,833.00
6 Wearable Devices 741,166.25 -18.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 217.60 Mn
Mar 28, 2026 -301.79 Mn
Dec 27, 2025 291.63 Mn
Sep 27, 2025 -50.92 Mn
Jun 28, 2025 195.19 Mn
Mar 29, 2025 -213.09 Mn
Dec 28, 2024 92.69 Mn
Sep 28, 2024 94.97 Mn
Jun 29, 2024 117.05 Mn
Mar 30, 2024 -108.45 Mn
Dec 30, 2023 74.36 Mn
Sep 30, 2023 -8.08 Mn
Jul 1, 2023 109.71 Mn
Apr 1, 2023 -46.87 Mn
Dec 31, 2022 -10.67 Mn
Sep 24, 2022 -34.24 Mn
Jun 25, 2022 115.71 Mn
Mar 26, 2022 -238.13 Mn
Dec 25, 2021 216.13 Mn
Sep 25, 2021 -93.10 Mn