Garmin GRMN
NYSE GRMN
$272.37 +0.19 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

Garmin (GRMN) Current Taxes (2009 - 2026)

Garmin's (GRMN) quarterly Current Taxes came in at $326.1 million in Q2 2026, up 15.23% year-over-year from $283.0 million in Q2 2025, and up 5.77% quarter-over-quarter from $308.3 million in Q1 2026.

Analysis

Garmin (GRMN) Current Taxes (2009 - 2026) Analysis & Trends

Garmin has disclosed Current Taxes across 17 years of filings, most recently posting $326.1 million for Q2 2026.

  • In Q2 2026, Current Taxes rose 15.23% year-over-year to $326.1 million; the TTM figure through Jun 2026 stood at $326.1 million (up 15.23% YoY), while the FY2025 annual figure was $381.5 million, up 29.52% from the prior year.
  • Current Taxes came in at $326.1 million for Q2 2026 at Garmin, up from $308.3 million in the prior quarter.
  • In the past five years, Current Taxes ranged from a high of $381.5 million in Q4 2025 to a low of $127.7 million in Q2 2022.
  • Average Current Taxes over 5 years is $247.9 million, with a median of $250.5 million recorded in 2022.
  • Year-over-year, Current Taxes surged 121.08% in 2022 and fell 10.67% in 2023.
  • Over 5 years, Current Taxes stood at $246.2 million in 2022, then decreased by 8.41% to $225.5 million in 2023, then soared by 30.65% to $294.6 million in 2024, then grew by 29.52% to $381.5 million in 2025, then declined by 14.54% to $326.1 million in 2026.
  • Per Business Quant data, the three most recent Current Taxes figures were $326.1 million in Q2 2026, $308.3 million in Q1 2026, and $381.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Apple 4,784.34 Bn 4,721.94 Bn 54.77 Bn -
2 Garmin 52.47 Bn 49.80 Bn 1.26 Bn 326.08 Mn
3 Vuzix 212.26 Mn 194.96 Mn -645,411.00 76,061.00
4 Zepp Health 77.84 Mn 8.18 Mn 23.73 Mn 249,000.00
5 Foxx Development Holdings 18.87 Mn 15.68 Mn -1.45 Mn 556,620.00
6 Wearable Devices 741,166.25 -18.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 326.08 Mn
Mar 28, 2026 308.30 Mn
Dec 27, 2025 381.55 Mn
Sep 27, 2025 293.48 Mn
Jun 28, 2025 282.99 Mn
Mar 29, 2025 332.22 Mn
Dec 28, 2024 294.58 Mn
Sep 28, 2024 227.74 Mn
Jun 29, 2024 236.71 Mn
Mar 30, 2024 256.44 Mn
Dec 30, 2023 225.48 Mn
Sep 30, 2023 151.56 Mn
Jul 1, 2023 199.09 Mn
Apr 1, 2023 254.75 Mn
Dec 31, 2022 246.18 Mn
Sep 24, 2022 169.67 Mn
Jun 25, 2022 127.69 Mn
Mar 26, 2022 148.27 Mn
Dec 25, 2021 128.08 Mn
Sep 25, 2021 109.86 Mn