Garmin (GRMN) Deferred Taxes (2009 - 2026)

Garmin has disclosed Deferred Taxes across 18 years of filings, most recently posting $117000.0 for Q2 2026.

• In Q2 2026, Deferred Taxes rose 100.31% year-over-year to $117000.0; the TTM figure through Jun 2026 stood at $135.7 million (up 232.91% YoY), while the FY2025 annual figure was $82.5 million, up 193.66% from the prior year.
• Deferred Taxes came in at $117000.0 for Q2 2026 at Garmin, down from $3.3 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $69.1 million in Q3 2025 to a low of -$250.6 million in Q4 2023.
• Average Deferred Taxes over 5 years is -$27.0 million, with a median of -$23.7 million recorded in 2022.
• Year-over-year, Deferred Taxes sank 5330.58% in 2022 and soared 479.8% in 2025.
• Over 5 years, Deferred Taxes stood at -$42.2 million in 2022, then plunged by 494.41% to -$250.6 million in 2023, then jumped by 86.36% to -$34.2 million in 2024, then jumped by 285.02% to $63.2 million in 2025, then slumped by 99.81% to $117000.0 in 2026.
• Per Business Quant data, the three most recent Deferred Taxes figures were $117000.0 in Q2 2026, $3.3 million in Q1 2026, and $63.2 million in Q4 2025.