Garmin (GRMN) Goodwill (2013 - 2026)
Garmin's (GRMN) quarterly Goodwill came in at $748.5 million in Q2 2026, up 16.85% year-over-year from $640.6 million in Q2 2025, and little changed quarter-over-quarter from $750.6 million in Q1 2026.
Analysis
Garmin (GRMN) Goodwill (2013 - 2026) Analysis & Trends
Garmin has disclosed Goodwill across 13 years of filings, most recently posting $748.5 million for Q2 2026.
- In Q2 2026, Goodwill rose 16.85% year-over-year to $748.5 million; the TTM figure through Jun 2026 stood at $748.5 million (up 16.85% YoY), while the FY2025 annual figure was $760.2 million, up 6090.38% from the prior year.
- Goodwill came in at $748.5 million for Q2 2026 at Garmin, roughly flat from $750.6 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $760.2 million in Q4 2025 to a low of $12.3 million in Q4 2024.
- Average Goodwill over 5 years is $593.9 million, with a median of $600.6 million recorded in 2024.
- Year-over-year, Goodwill plunged 97.98% in 2024 and soared 6090.38% in 2025.
- Over 5 years, Goodwill stood at $568.0 million in 2022, then grew by 7.13% to $608.5 million in 2023, then sank by 97.98% to $12.3 million in 2024, then soared by 6090.38% to $760.2 million in 2025, then declined by 1.55% to $748.5 million in 2026.
- Per Business Quant data, the three most recent Goodwill figures were $748.5 million in Q2 2026, $750.6 million in Q1 2026, and $760.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - |
Historic Data
Download Data
Historic 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 | 12.28 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 |