Garmin (GRMN) Inventory Average (2009 - 2026)
Garmin (GRMN) posted Inventory Average of $1.9 billion for Q2 2026, up 5.35% sequentially from $1.8 billion in Q1 2026, and up 13.25% YoY from $1.7 billion in Q2 2025.
Garmin (GRMN) Inventory Average (2009 - 2026) Analysis & Trends
Garmin has reported Inventory Average for 16 years, with the latest figure at $1.9 billion in Q2 2026.
- Quarterly Inventory Average rose 13.25% year-over-year to $1.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.9 billion (up 13.25% YoY) and the FY2025 annual result came in at $1.6 billion, up 15.12% from the prior year.
- Inventory Average grew to $1.9 billion in Q2 2026 per GRMN's latest filing, from $1.8 billion in the prior quarter.
- Over five years, Inventory Average peaked at $1.9 billion in Q2 2026 and troughed at $1.3 billion in Q1 2022.
- A 5-year average of $1.5 billion and a median of $1.5 billion in 2022 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2022 and 2024: Inventory Average surged 60.44% in 2022, then decreased 11.55% in 2024.
- Over 5 years, Inventory Average stood at $1.5 billion in 2022, then declined by 8.61% to $1.4 billion in 2023, then increased by 6.95% to $1.5 billion in 2024, then gained by 22.85% to $1.8 billion in 2025, then grew by 4.27% to $1.9 billion in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $1.9 billion, $1.8 billion, and $1.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 1.91 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 1.04 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 2.35 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 1.14 Bn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 991.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 308.15 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 186.65 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 139.19 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 238.82 Mn |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 592.45 Mn |
Historic Data
Download 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 |