Garmin (GRMN) Current Deferred Tax Assets (2009 - 2026)
Garmin (GRMN) posted Current Deferred Tax Assets of $15.3 million for Q1 2026, down 12.62% sequentially from $17.5 million in Q4 2025, and down 27.3% YoY from $21.1 million in Q1 2025.
Garmin (GRMN) Current Deferred Tax Assets (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 18 years of Current Deferred Tax Assets data on file, last reported at $15.3 million in Q1 2026.
- Quarterly Current Deferred Tax Assets fell 27.3% year-over-year to $15.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.3 million (down 27.3% YoY) and the FY2025 annual result came in at $17.5 million, down 27.05% from the prior year.
- Current Deferred Tax Assets fell to $15.3 million in Q1 2026 per GRMN's latest filing, from $17.5 million in the prior quarter.
- The five-year high for Current Deferred Tax Assets was $24.0 million in Q4 2024, with the low at $14.4 million in Q3 2022.
- Average Current Deferred Tax Assets over 5 years is $17.5 million, with a median of $16.3 million recorded in 2023.
- Year-over-year, Current Deferred Tax Assets surged 52.88% in 2024 and retreated 27.3% in 2026.
- Garmin's Current Deferred Tax Assets stood at $14.9 million in 2022, then advanced by 9.78% to $16.3 million in 2023, then soared by 47.34% to $24.0 million in 2024, then slipped by 27.05% to $17.5 million in 2025, then fell by 12.62% to $15.3 million in 2026.
- Business Quant data shows GRMN's Current Deferred Tax Assets at $15.3 million in Q1 2026, $17.5 million in Q4 2025, and $17.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 15.32 Mn |
| Mar 28, 2026 | 15.32 Mn |
| Dec 27, 2025 | 17.54 Mn |
| Dec 27, 2025 | 17.54 Mn |
| Sep 27, 2025 | 17.47 Mn |
| Sep 27, 2025 | 17.47 Mn |
| Jun 28, 2025 | 18.52 Mn |
| Jun 28, 2025 | 18.52 Mn |
| Mar 29, 2025 | 21.08 Mn |
| Mar 29, 2025 | 21.08 Mn |
| Dec 28, 2024 | 24.04 Mn |
| Dec 28, 2024 | 24.04 Mn |
| Sep 28, 2024 | 23.39 Mn |
| Sep 28, 2024 | 23.39 Mn |
| Jun 29, 2024 | 20.95 Mn |
| Jun 29, 2024 | 20.95 Mn |
| Mar 30, 2024 | 18.33 Mn |
| Mar 30, 2024 | 18.33 Mn |
| Dec 30, 2023 | 16.32 Mn |
| Dec 30, 2023 | 16.32 Mn |