Garmin (GRMN) Long-Term Deferred Tax (2009 - 2026)

Garmin (GRMN) posted Long-Term Deferred Tax of $721.9 million for Q1 2026, up 0.53% sequentially from $718.1 million in Q4 2025, and down 13.21% YoY from $831.8 million in Q1 2025.

Garmin (GRMN) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends

Garmin (GRMN) has 18 years of Long-Term Deferred Tax data on file, last reported at $721.9 million in Q1 2026.

  • Quarterly Long-Term Deferred Tax fell 13.21% year-over-year to $721.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $721.9 million (down 13.21% YoY) and the FY2025 annual result came in at $718.1 million, down 12.7% from the prior year.
  • Long-Term Deferred Tax climbed to $721.9 million in Q1 2026 per GRMN's latest filing, from $718.1 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $852.6 million in Q2 2025, with the low at $301.7 million in Q1 2022.
  • Average Long-Term Deferred Tax over 5 years is $632.7 million, with a median of $721.9 million recorded in 2026.
  • Year-over-year, Long-Term Deferred Tax jumped 71.09% in 2023 and retreated 13.21% in 2026.
  • 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 gained by 9.0% to $822.5 million in 2024, then retreated by 12.7% to $718.1 million in 2025, then gained by 0.53% to $721.9 million in 2026.
  • Business Quant data shows GRMN's Long-Term Deferred Tax at $721.9 million in Q1 2026, $718.1 million in Q4 2025, and $782.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn

Historic Data

Download Data
DateValue
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