Garmin (GRMN) Goodwill (2013 - 2026)
Garmin's (GRMN) quarterly Goodwill came in at $750.6 million in Q1 2026, up 21.67% year-on-year from $617.0 million in Q1 2025, and down 1.26% quarter-over-quarter from $760.2 million in Q4 2025.
Garmin (GRMN) Goodwill (2013 - 2026) Analysis & Trends
Garmin has disclosed Goodwill across 14 years of filings, most recently posting $750.6 million for Q1 2026.
- Goodwill for Q1 2026 came in at $750.6 million, up 21.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $750.6 million (up 21.67% YoY), and the FY2025 annual result was $760.2 million, up 25.88% from the prior year.
- Goodwill came in at $750.6 million for Q1 2026 at Garmin, down from $760.2 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 $540.7 million in Q3 2022.
- The 5-year median for Goodwill is $601.6 million (2024), against an average of $619.6 million.
- Across the five-year window, Goodwill fell 1.23% in 2022 and rose 25.88% in 2025, its largest moves.
- Garmin's Goodwill stood at $568.0 million in 2022, then grew by 7.13% to $608.5 million in 2023, then retreated by 0.74% to $603.9 million in 2024, then climbed by 25.88% to $760.2 million in 2025, then declined by 1.26% to $750.6 million in 2026.
- The last three Goodwill figures came in at $750.6 million (Q1 2026), $760.2 million (Q4 2025), and $757.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 75.99 Bn | 74.70 Bn | 679.95 Mn |
| 2 | Keysight Technologies | 56.90 Bn | 54.72 Bn | 995.00 Mn |
| 3 | Garmin | 45.32 Bn | 42.62 Bn | 1.04 Bn |
| 4 | Teledyne Technologies | 28.36 Bn | 28.06 Bn | 673.80 Mn |
| 5 | Mks | 21.03 Bn | 20.46 Bn | 507.00 Mn |
| 6 | Fortive | 18.96 Bn | 18.61 Bn | 675.50 Mn |
| 7 | Trimble | 12.56 Bn | 12.32 Bn | 646.30 Mn |
| 8 | Cognex | 10.39 Bn | 10.09 Bn | 190.94 Mn |
| 9 | Esco Technologies | 7.65 Bn | 7.56 Bn | 131.32 Mn |
| 10 | Sensata Technologies Holding | 7.33 Bn | 6.69 Bn | 286.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 28, 2019 | 467.11 Mn |