Garmin (GRMN) Inventory Average (2009 - 2026)
Garmin's (GRMN) quarterly Inventory Average came in at $1.8 billion in Q1 2026, up 18.54% year-on-year from $1.5 billion in Q1 2025, and down 1.03% quarter-over-quarter from $1.8 billion in Q4 2025.
Garmin (GRMN) Inventory Average (2009 - 2026) Analysis & Trends
Garmin has disclosed Inventory Average across 16 years of filings, most recently posting $1.8 billion for Q1 2026.
- Inventory Average for Q1 2026 came in at $1.8 billion, up 18.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 billion (up 18.54% YoY), and the FY2025 annual result was $1.6 billion, up 15.12% from the prior year.
- Inventory Average came in at $1.8 billion for Q1 2026 at Garmin, down from $1.8 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $1.8 billion in Q3 2025 to a low of $1.3 billion in Q1 2022.
- The 5-year median for Inventory Average is $1.5 billion (2024), against an average of $1.5 billion.
- Across the five-year window, Inventory Average soared 60.44% in 2022 and fell 11.55% in 2024, its largest moves.
- Garmin's Inventory Average stood at $1.5 billion in 2022, then slipped by 8.61% to $1.4 billion in 2023, then climbed by 6.95% to $1.5 billion in 2024, then increased by 22.85% to $1.8 billion in 2025, then decreased by 1.03% to $1.8 billion in 2026.
- The last three Inventory Average figures came in at $1.8 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 1.99 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 | 1.81 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 1.08 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 935.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 298.65 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 187.15 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 136.72 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 232.12 Mn |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 611.80 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 |