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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |