Growth Metrics

Garmin (GRMN) Change in Taxes (2016 - 2025)

Garmin's Change in Taxes history spans 15 years, with the latest figure at -$23.4 million for Q4 2025.

  • For Q4 2025, Change in Taxes fell 177.97% year-over-year to -$23.4 million; the TTM value through Dec 2025 reached -$46.4 million, down 206.27%, while the annual FY2025 figure was -$46.4 million, 206.27% down from the prior year.
  • Change in Taxes for Q4 2025 was -$23.4 million at Garmin, down from $1.7 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $64.0 million in Q4 2023 and bottomed at -$59.9 million in Q2 2025.
  • The 5-year median for Change in Taxes is $3.1 million (2021), against an average of $868500.0.
  • The largest annual shift saw Change in Taxes soared 1202.23% in 2022 before it tumbled 491.4% in 2025.
  • A 5-year view of Change in Taxes shows it stood at $2.3 million in 2021, then skyrocketed by 1202.23% to $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.
  • Per Business Quant, the three most recent readings for GRMN's Change in Taxes are -$23.4 million (Q4 2025), $1.7 million (Q3 2025), and -$59.9 million (Q2 2025).