Garmin (GRMN) Inventory Average (2009 - 2026)
Garmin's (GRMN) quarterly Inventory Average came in at $1.9 billion in Q2 2026, up 13.25% year-over-year from $1.7 billion in Q2 2025, and up 5.35% quarter-over-quarter from $1.8 billion in Q1 2026.
Analysis
Garmin (GRMN) Inventory Average (2009 - 2026) Analysis & Trends
Garmin has disclosed Inventory Average across 16 years of filings, most recently posting $1.9 billion for Q2 2026.
- In Q2 2026, Inventory Average rose 13.25% year-over-year to $1.9 billion; the TTM figure through Jun 2026 stood at $1.9 billion (up 13.25% YoY), while the FY2025 annual figure was $1.6 billion, up 15.12% from the prior year.
- Inventory Average came in at $1.9 billion for Q2 2026 at Garmin, up from $1.8 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $1.9 billion in Q2 2026 to a low of $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 2022.
- Year-over-year, Inventory Average jumped 60.44% in 2022 and retreated 11.55% in 2024.
- Over 5 years, 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 advanced by 4.27% to $1.9 billion in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $1.9 billion in Q2 2026, $1.8 billion in Q1 2026, and $1.8 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn | 8.92 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn | 1.91 Bn |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 | 1.97 Mn |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn | 62.64 Mn |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn | 8.57 Mn |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - | 683,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 1.91 Bn |
| 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 |