Growth Metrics

Garmin (GRMN) Deferred Taxes (2016 - 2025)

Historic Deferred Taxes for Garmin (GRMN) over the last 17 years, with Q3 2025 value amounting to $69.1 million.

  • Garmin's Deferred Taxes rose 47979.99% to $69.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$14.8 million, marking a year-over-year increase of 9512.46%. This contributed to the annual value of -$88.1 million for FY2024, which is 7413.62% up from last year.
  • Per Garmin's latest filing, its Deferred Taxes stood at $69.1 million for Q3 2025, which was up 47979.99% from -$38.2 million recorded in Q2 2025.
  • Garmin's Deferred Taxes' 5-year high stood at $69.1 million during Q3 2025, with a 5-year trough of -$250.6 million in Q4 2023.
  • Over the past 5 years, Garmin's median Deferred Taxes value was -$21.4 million (recorded in 2023), while the average stood at -$29.4 million.
  • In the last 5 years, Garmin's Deferred Taxes crashed by 533058.35% in 2022 and then surged by 47979.99% in 2025.
  • Over the past 5 years, Garmin's Deferred Taxes (Quarter) stood at -$13.7 million in 2021, then crashed by 207.1% to -$42.2 million in 2022, then crashed by 494.41% to -$250.6 million in 2023, then soared by 86.36% to -$34.2 million in 2024, then soared by 302.15% to $69.1 million in 2025.
  • Its last three reported values are $69.1 million in Q3 2025, -$38.2 million for Q2 2025, and -$11.6 million during Q1 2025.