Garmin (GRMN) Inventory (2009 - 2026)
Garmin's (GRMN) quarterly Inventory came in at $1.9 billion in Q1 2026, up 16.96% year-on-year from $1.6 billion in Q1 2025, and up 4.4% quarter-over-quarter from $1.8 billion in Q4 2025.
Garmin (GRMN) Inventory (2009 - 2026) Analysis & Trends
Garmin has disclosed Inventory across 17 years of filings, most recently posting $1.9 billion for Q1 2026.
- Inventory for Q1 2026 came in at $1.9 billion, up 16.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 16.96% YoY), and the FY2025 annual result was $1.8 billion, up 20.24% from the prior year.
- Inventory came in at $1.9 billion for Q1 2026 at Garmin, up from $1.8 billion in the prior quarter.
- In the past five years, Inventory ranged from a high of $1.9 billion in Q3 2025 to a low of $1.3 billion in Q1 2024.
- The 5-year median for Inventory is $1.5 billion (2023), against an average of $1.5 billion.
- Across the five-year window, Inventory jumped 59.86% in 2022 and declined 11.95% in 2024, its largest moves.
- Garmin's Inventory stood at $1.5 billion in 2022, then fell by 11.16% to $1.3 billion in 2023, then climbed by 9.51% to $1.5 billion in 2024, then advanced by 20.24% to $1.8 billion in 2025, then increased by 4.4% to $1.9 billion in 2026.
- The last three Inventory figures came in at $1.9 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 2.13 Bn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 1.05 Bn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 1.85 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 1.12 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 949.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 305.50 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 188.00 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 135.55 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 237.09 Mn |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 605.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 1.85 Bn |
| Dec 27, 2025 | 1.77 Bn |
| Sep 27, 2025 | 1.89 Bn |
| Jun 28, 2025 | 1.79 Bn |
| Mar 29, 2025 | 1.58 Bn |
| Dec 28, 2024 | 1.47 Bn |
| Sep 28, 2024 | 1.51 Bn |
| Jun 29, 2024 | 1.32 Bn |
| Mar 30, 2024 | 1.30 Bn |
| Dec 30, 2023 | 1.35 Bn |
| Sep 30, 2023 | 1.44 Bn |
| Jul 1, 2023 | 1.40 Bn |
| Apr 1, 2023 | 1.48 Bn |
| Dec 31, 2022 | 1.52 Bn |
| Sep 24, 2022 | 1.53 Bn |
| Jun 25, 2022 | 1.45 Bn |
| Mar 26, 2022 | 1.34 Bn |
| Dec 25, 2021 | 1.23 Bn |
| Sep 25, 2021 | 1.11 Bn |
| Jun 26, 2021 | 938.61 Mn |