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

Garmin (GRMN) has 18 years of Change in Taxes data on file, last reported at -$54.8 million in Q1 2026.

• Quarterly Change in Taxes fell 256.2% year-over-year to -$54.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$136.4 million (down 399.83% YoY) and the FY2025 annual result came in at -$46.4 million, down 206.27% from the prior year.
• Change in Taxes declined to -$54.8 million in Q1 2026 per GRMN's latest filing, from -$23.4 million in the prior quarter.
• The five-year high for Change in Taxes was $64.0 million in Q4 2023, with the low at -$59.9 million in Q2 2025.
• Average Change in Taxes over 5 years is -$2.7 million, with a median of $1.7 million recorded in 2025.
• Year-over-year, Change in Taxes jumped 37376.25% in 2022 and plunged 491.4% in 2025.
• Garmin's Change in Taxes stood at $29.8 million in 2022, then surged by 114.56% to $64.0 million in 2023, then tumbled by 53.18% to $30.0 million in 2024, then sank by 177.97% to -$23.4 million in 2025, then slumped by 134.79% to -$54.8 million in 2026.
• Business Quant data shows GRMN's Change in Taxes at -$54.8 million in Q1 2026, -$23.4 million in Q4 2025, and $1.7 million in Q3 2025.