Garmin (GRMN) Goodwill (2013 - 2026)
Garmin (GRMN) recorded Goodwill of $978.56 million in Q3 2026, up 29.2% from $757.29 million a year earlier and up 30.7% from the prior quarter.
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Analysis
Garmin (GRMN) Goodwill (2013 - 2026) Analysis & Trends
At the end of FY2025, Garmin reported Goodwill of $760.24 million, up 25.9% from FY2024.
- Annual Goodwill has a five-year compound annual growth rate of 5.4% (FY2020 to FY2025).
- Across earlier years, Goodwill came in at $603.95 million in FY2024 (-0.7%), $608.47 million in FY2023 (+7.1%), $567.99 million in FY2022 (-1.2%) and $575.08 million in FY2021 (-1.6%).
- The Q3 2026 figure is the highest quarterly Goodwill in data going back to Q4 2013.
- On a year-over-year basis, Goodwill has increased for seven consecutive quarters, with growth averaging 15.8% over the last eight quarters.
- Peak year-over-year performance for Goodwill in the last five years was growth of 29.2% in Q3 2026, against a decline of 1.6% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $748.47 million (Q2 2026), $750.63 million (Q1 2026) and $760.24 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 978.56 Mn |
| 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 |
API Access
Garmin Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();