Garmin (GRMN) Depreciation and Depletion (2009 - 2026)

Garmin's (GRMN) quarterly Depreciation and Depletion came in at $40.4 million in Q1 2026, up 7.89% year-on-year from $37.5 million in Q1 2025, and up 9.3% quarter-over-quarter from $37.0 million in Q4 2025.

Garmin (GRMN) Depreciation and Depletion (2009 - 2026) Analysis & Trends

Garmin has disclosed Depreciation and Depletion across 18 years of filings, most recently posting $40.4 million for Q1 2026.

  • Depreciation and Depletion for Q1 2026 came in at $40.4 million, up 7.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $155.6 million (up 7.98% YoY), and the FY2025 annual result was $152.6 million, up 8.62% from the prior year.
  • Depreciation and Depletion came in at $40.4 million for Q1 2026 at Garmin, up from $37.0 million in the prior quarter.
  • In the past five years, Depreciation and Depletion ranged from a high of $40.4 million in Q1 2026 to a low of $29.0 million in Q1 2022.
  • The 5-year median for Depreciation and Depletion is $33.9 million (2024), against an average of $34.4 million.
  • Across the five-year window, Depreciation and Depletion advanced 21.03% in 2022 and fell 3.07% in 2025, its largest moves.
  • Garmin's Depreciation and Depletion stood at $30.7 million in 2022, then rose by 10.17% to $33.9 million in 2023, then climbed by 12.66% to $38.2 million in 2024, then slipped by 3.07% to $37.0 million in 2025, then gained by 9.3% to $40.4 million in 2026.
  • The last three Depreciation and Depletion figures came in at $40.4 million (Q1 2026), $37.0 million (Q4 2025), and $39.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 62.41 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 38.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 40.42 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn -
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn -
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 20.40 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn -
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 4.70 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn -
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 34.00 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 40.42 Mn
Mar 28, 2026 40.42 Mn
Dec 27, 2025 36.98 Mn
Dec 27, 2025 36.98 Mn
Sep 27, 2025 39.65 Mn
Sep 27, 2025 39.65 Mn
Jun 28, 2025 38.52 Mn
Jun 28, 2025 38.52 Mn
Mar 29, 2025 37.46 Mn
Mar 29, 2025 37.46 Mn
Dec 28, 2024 38.15 Mn
Dec 28, 2024 38.15 Mn
Sep 28, 2024 34.45 Mn
Sep 28, 2024 34.45 Mn
Jun 29, 2024 34.00 Mn
Jun 29, 2024 34.00 Mn
Mar 30, 2024 33.89 Mn
Mar 30, 2024 33.89 Mn
Dec 30, 2023 33.86 Mn
Dec 30, 2023 33.86 Mn