Garmin (GRMN) Inventory Average (2009 - 2026)
Garmin (GRMN) posted Inventory Average of $1.8 billion for Q1 2026, down 1.03% sequentially from $1.8 billion in Q4 2025, and up 18.54% YoY from $1.5 billion in Q1 2025.
Garmin (GRMN) Inventory Average (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 16 years of Inventory Average data on file, last reported at $1.8 billion in Q1 2026.
- Quarterly Inventory Average rose 18.54% year-over-year to $1.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.8 billion (up 18.54% YoY) and the FY2025 annual result came in at $1.6 billion, up 15.12% from the prior year.
- Inventory Average retreated to $1.8 billion in Q1 2026 per GRMN's latest filing, from $1.8 billion in the prior quarter.
- The five-year high for Inventory Average was $1.8 billion in Q3 2025, with the low at $1.3 billion in Q1 2022.
- Average Inventory Average over 5 years is $1.5 billion, with a median of $1.5 billion recorded in 2024.
- Year-over-year, Inventory Average jumped 60.44% in 2022 and dropped 11.55% in 2024.
- Garmin's Inventory Average stood at $1.5 billion in 2022, then fell by 8.61% to $1.4 billion in 2023, then rose by 6.95% to $1.5 billion in 2024, then advanced by 22.85% to $1.8 billion in 2025, then declined by 1.03% to $1.8 billion in 2026.
- Business Quant data shows GRMN's Inventory Average at $1.8 billion in Q1 2026, $1.8 billion in Q4 2025, and $1.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.99 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 94.55 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 1.05 Bn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 1.08 Bn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 298.65 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 187.15 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 136.72 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 611.80 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 1.81 Bn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 163.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 1.81 Bn |
| Dec 27, 2025 | 1.83 Bn |
| Sep 27, 2025 | 1.84 Bn |
| Jun 28, 2025 | 1.68 Bn |
| Mar 29, 2025 | 1.53 Bn |
| Dec 28, 2024 | 1.49 Bn |
| Sep 28, 2024 | 1.41 Bn |
| Jun 29, 2024 | 1.31 Bn |
| Mar 30, 2024 | 1.32 Bn |
| Dec 30, 2023 | 1.39 Bn |
| Sep 30, 2023 | 1.42 Bn |
| Jul 1, 2023 | 1.44 Bn |
| Apr 1, 2023 | 1.50 Bn |
| Dec 31, 2022 | 1.52 Bn |
| Sep 24, 2022 | 1.49 Bn |
| Jun 25, 2022 | 1.40 Bn |
| Mar 26, 2022 | 1.28 Bn |
| Dec 25, 2021 | 1.17 Bn |
| Sep 25, 2021 | 1.03 Bn |
| Jun 26, 2021 | 888.27 Mn |