Garmin (GRMN) Goodwill (2013 - 2026)
Garmin (GRMN) posted Goodwill of $748.5 million for Q2 2026, little changed sequentially from $750.6 million in Q1 2026, and up 16.85% YoY from $640.6 million in Q2 2025.
Garmin (GRMN) Goodwill (2013 - 2026) Analysis & Trends
Garmin has reported Goodwill for 14 years, with the latest figure at $748.5 million in Q2 2026.
- Quarterly Goodwill rose 16.85% year-over-year to $748.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $748.5 million (up 16.85% YoY) and the FY2025 annual result came in at $760.2 million, up 25.88% from the prior year.
- Goodwill was little changed at $748.5 million in Q2 2026 per GRMN's latest filing, from $750.6 million in the prior quarter.
- Over five years, Goodwill peaked at $760.2 million in Q4 2025 and troughed at $540.7 million in Q3 2022.
- A 5-year average of $626.8 million and a median of $602.8 million in 2024 frame the typical range for Goodwill.
- The sharpest annual moves came in 2022 and 2025: Goodwill decreased 1.23% in 2022, then advanced 25.88% in 2025.
- Over 5 years, Goodwill stood at $568.0 million in 2022, then rose by 7.13% to $608.5 million in 2023, then slipped by 0.74% to $603.9 million in 2024, then increased by 25.88% to $760.2 million in 2025, then retreated by 1.55% to $748.5 million in 2026.
- According to Business Quant data, Goodwill over the past three periods registered $748.5 million, $750.6 million, and $760.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 748.47 Mn |
| Mar 28, 2026 | 750.63 Mn |
| Dec 27, 2025 | 760.24 Mn |
| Sep 27, 2025 | 757.29 Mn |
| Jun 28, 2025 | 640.55 Mn |
| Mar 29, 2025 | 616.96 Mn |
| Dec 28, 2024 | 603.95 Mn |
| Sep 28, 2024 | 611.88 Mn |
| Jun 29, 2024 | 599.61 Mn |
| Mar 30, 2024 | 601.62 Mn |
| Dec 30, 2023 | 608.47 Mn |
| Sep 30, 2023 | 594.45 Mn |
| Jul 1, 2023 | 572.99 Mn |
| Apr 1, 2023 | 571.53 Mn |
| Dec 31, 2022 | 567.99 Mn |
| Sep 24, 2022 | 540.74 Mn |
| Jun 25, 2022 | 561.40 Mn |
| Mar 26, 2022 | 573.00 Mn |
| Dec 25, 2021 | 575.08 Mn |
| Dec 26, 2020 | 584.21 Mn |