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
DateValue
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