Garmin (GRMN) Long-Term Deferred Tax (2009 - 2026)
Garmin's (GRMN) quarterly Long-Term Deferred Tax came in at $721.9 million in Q1 2026, down 13.21% year-on-year from $831.8 million in Q1 2025, and up 0.53% quarter-over-quarter from $718.1 million in Q4 2025.
Garmin (GRMN) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
Garmin has disclosed Long-Term Deferred Tax across 18 years of filings, most recently posting $721.9 million for Q1 2026.
- Long-Term Deferred Tax for Q1 2026 came in at $721.9 million, down 13.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $721.9 million (down 13.21% YoY), and the FY2025 annual result was $718.1 million, down 12.7% from the prior year.
- Long-Term Deferred Tax came in at $721.9 million for Q1 2026 at Garmin, up from $718.1 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $852.6 million in Q2 2025 to a low of $301.7 million in Q1 2022.
- The 5-year median for Long-Term Deferred Tax is $721.9 million (2026), against an average of $632.7 million.
- Across the five-year window, Long-Term Deferred Tax soared 71.09% in 2023 and slipped 13.21% in 2026, its largest moves.
- Garmin's Long-Term Deferred Tax stood at $441.1 million in 2022, then jumped by 71.09% to $754.6 million in 2023, then grew by 9.0% to $822.5 million in 2024, then dropped by 12.7% to $718.1 million in 2025, then grew by 0.53% to $721.9 million in 2026.
- The last three Long-Term Deferred Tax figures came in at $721.9 million (Q1 2026), $718.1 million (Q4 2025), and $782.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 721.89 Mn |
| Dec 27, 2025 | 718.09 Mn |
| Sep 27, 2025 | 782.09 Mn |
| Jun 28, 2025 | 852.55 Mn |
| Mar 29, 2025 | 831.82 Mn |
| Dec 28, 2024 | 822.52 Mn |
| Sep 28, 2024 | 787.85 Mn |
| Jun 29, 2024 | 777.02 Mn |
| Mar 30, 2024 | 763.08 Mn |
| Dec 30, 2023 | 754.64 Mn |
| Sep 30, 2023 | 514.88 Mn |
| Jul 1, 2023 | 493.94 Mn |
| Apr 1, 2023 | 455.10 Mn |
| Dec 31, 2022 | 441.07 Mn |
| Sep 24, 2022 | 390.11 Mn |
| Jun 25, 2022 | 348.00 Mn |
| Mar 26, 2022 | 301.72 Mn |
| Dec 25, 2021 | 260.21 Mn |
| Sep 25, 2021 | 251.98 Mn |
| Jun 26, 2021 | 250.23 Mn |