Garmin (GRMN) Goodwill & Intangibles (2009 - 2026)
Garmin's Goodwill & Intangibles was $1.25 billion in Q3 2026, up 29.7% from $963.28 million a year earlier and up 34.7% from the prior quarter.
Garmin (GRMN) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Goodwill & Intangibles at Garmin came in at $958.6 million, up 26.4% from FY2024.
- Goodwill & Intangibles shows a five-year compound annual growth rate of 3.0% (FY2020 to FY2025).
- In earlier years, Goodwill & Intangibles was $758.11 million in FY2024 (-4.0%), $789.62 million in FY2023 (+5.8%), $746.46 million in FY2022 (-5.6%) and $791.07 million in FY2021 (-4.5%).
- The Q3 2026 figure marks the highest quarterly Goodwill & Intangibles in data going back to Q2 2009.
- Compared with a year earlier, Goodwill & Intangibles has increased for six straight quarters, with growth averaging 14.6% over the last eight quarters.
- The best year-over-year quarter for Goodwill & Intangibles over five years was Q3 2026 (growth of 29.7%); the worst was Q3 2022 (a decline of 10.9%).
- Per Business Quant data, GRMN's Goodwill & Intangibles in the three quarters before Q3 2026 was $927.53 million (Q2 2026), $937.5 million (Q1 2026) and $958.6 million (Q4 2025).
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
| Date | Value |
|---|---|
| Sep 26, 2026 | 1.25 Bn |
| Jun 27, 2026 | 927.53 Mn |
| Mar 28, 2026 | 937.50 Mn |
| Dec 27, 2025 | 958.60 Mn |
| Sep 27, 2025 | 963.28 Mn |
| Jun 28, 2025 | 787.84 Mn |
| Mar 29, 2025 | 766.98 Mn |
| Dec 28, 2024 | 758.11 Mn |
| Sep 28, 2024 | 780.11 Mn |
| Jun 29, 2024 | 768.00 Mn |
| Mar 30, 2024 | 778.27 Mn |
| Dec 30, 2023 | 789.62 Mn |
| Sep 30, 2023 | 780.28 Mn |
| Jul 1, 2023 | 738.58 Mn |
| Apr 1, 2023 | 744.22 Mn |
| Dec 31, 2022 | 746.46 Mn |
| Sep 24, 2022 | 720.63 Mn |
| Jun 25, 2022 | 755.47 Mn |
| Mar 26, 2022 | 782.32 Mn |
| Dec 25, 2021 | 791.07 Mn |
Garmin Goodwill & Intangibles 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-and-intangibles&ticker=GRMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();