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Garmin (GRMN) Change in Taxes (2016 - 2026)

Garmin's Change in Taxes history spans 18 years, with the latest figure at -$54.8 million for Q1 2026.

  • On a quarterly basis, Change in Taxes fell 256.2% to -$54.8 million in Q1 2026 year-over-year; TTM through Mar 2026 was -$136.4 million, a 399.83% decrease, with the full-year FY2025 number at -$46.4 million, down 206.27% from a year prior.
  • Change in Taxes hit -$54.8 million in Q1 2026 for Garmin, down from -$23.4 million in the prior quarter.
  • Over the last five years, Change in Taxes for GRMN hit a ceiling of $64.0 million in Q4 2023 and a floor of -$59.9 million in Q2 2025.
  • Historically, Change in Taxes has averaged -$2.7 million across 5 years, with a median of $1.7 million in 2025.
  • Biggest five-year swings in Change in Taxes: surged 37376.25% in 2022 and later crashed 491.4% in 2025.
  • Tracing GRMN's Change in Taxes over 5 years: stood at $29.8 million in 2022, then soared by 114.56% to $64.0 million in 2023, then tumbled by 53.18% to $30.0 million in 2024, then plummeted by 177.97% to -$23.4 million in 2025, then crashed by 134.79% to -$54.8 million in 2026.
  • Business Quant data shows Change in Taxes for GRMN at -$54.8 million in Q1 2026, -$23.4 million in Q4 2025, and $1.7 million in Q3 2025.