Garmin (GRMN) Current Deferred Revenue (2009 - 2026)
Garmin (GRMN) recorded Current Deferred Revenue of $119.86 million in Q3 2026, up 14.2% from $104.98 million a year earlier and up 12.1% from the prior quarter.
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Analysis
Garmin (GRMN) Current Deferred Revenue (2009 - 2026) Analysis & Trends
At the end of FY2025, Garmin reported Current Deferred Revenue of $105.65 million, down 4.8% from FY2024.
- Annual Current Deferred Revenue has a five-year compound annual growth rate of 4.0% (FY2020 to FY2025).
- Across earlier years, Current Deferred Revenue came in at $111 million in FY2024 (+9.7%), $101.19 million in FY2023 (+11.1%), $91.09 million in FY2022 (+3.9%) and $87.65 million in FY2021 (+0.9%).
- The Q3 2026 figure is the highest quarterly Current Deferred Revenue since Q4 2016.
- On a year-over-year basis, Current Deferred Revenue rose in four of the last eight quarters, with growth averaging 1.6%.
- Peak year-over-year performance for Current Deferred Revenue in the last five years was growth of 15.0% in Q3 2024, against a decline of 7.1% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $106.96 million (Q2 2026), $100.84 million (Q1 2026) and $105.65 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,064.64 Bn | 4,810.10 Bn | 54.82 Bn |
| 2 | Cisco Systems | 387.30 Bn | 323.23 Bn | 11.06 Bn |
| 3 | Arista Networks | 233.88 Bn | 183.08 Bn | 2.33 Bn |
| 4 | Dell Technologies | 213.96 Bn | 169.72 Bn | 9.83 Bn |
| 5 | Sony | 164.26 Bn | 101.68 Bn | 7.96 Bn |
| 6 | Sandisk | 123.84 Bn | 108.67 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 115.23 Bn | 110.07 Bn | 2.43 Bn |
| 8 | Western Digital | 108.25 Bn | 98.08 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 63.71 Bn | 41.65 Bn | 4.93 Bn |
| 10 | Garmin | 55.63 Bn | 45.19 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 119.86 Mn |
| Jun 27, 2026 | 106.96 Mn |
| Mar 28, 2026 | 100.84 Mn |
| Dec 27, 2025 | 105.65 Mn |
| Sep 27, 2025 | 104.98 Mn |
| Jun 28, 2025 | 108.44 Mn |
| Mar 29, 2025 | 105.72 Mn |
| Dec 28, 2024 | 111.00 Mn |
| Sep 28, 2024 | 113.05 Mn |
| Jun 29, 2024 | 106.00 Mn |
| Mar 30, 2024 | 100.74 Mn |
| Dec 30, 2023 | 101.19 Mn |
| Sep 30, 2023 | 98.29 Mn |
| Jul 1, 2023 | 95.62 Mn |
| Apr 1, 2023 | 90.57 Mn |
| Dec 31, 2022 | 91.09 Mn |
| Sep 24, 2022 | 88.56 Mn |
| Jun 25, 2022 | 86.55 Mn |
| Mar 26, 2022 | 86.44 Mn |
| Dec 25, 2021 | 87.65 Mn |
API Access
Garmin Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();