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

Garmin has disclosed Change in Taxes across 18 years of filings, most recently posting $27.1 million for Q2 2026.

• In Q2 2026, Change in Taxes rose 145.2% year-over-year to $27.1 million; the TTM figure through Jun 2026 stood at -$49.4 million (down 1045.29% YoY), while the FY2025 annual figure was -$46.4 million, down 206.27% from the prior year.
• Change in Taxes came in at $27.1 million for Q2 2026 at Garmin, up from -$54.8 million in the prior quarter.
• In the past five years, Change in Taxes ranged from a high of $64.0 million in Q4 2023 to a low of -$59.9 million in Q2 2025.
• Average Change in Taxes over 5 years is -$1.0 million, with a median of $4.3 million recorded in 2023.
• Year-over-year, Change in Taxes soared 1202.23% in 2022 and sank 491.4% in 2025.
• Over 5 years, Change in Taxes stood at $29.8 million in 2022, then surged by 114.56% to $64.0 million in 2023, then plunged by 53.18% to $30.0 million in 2024, then slumped by 177.97% to -$23.4 million in 2025, then soared by 215.98% to $27.1 million in 2026.
• Per Business Quant data, the three most recent Change in Taxes figures were $27.1 million in Q2 2026, -$54.8 million in Q1 2026, and -$23.4 million in Q4 2025.