Garmin GRMN
NYSE GRMN
$278.92 -1.46 (-0.52%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

Garmin's (GRMN) quarterly Long-Term Deferred Tax came in at $717.8 million in Q2 2026, down 15.81% year-over-year from $852.6 million in Q2 2025, and down 0.57% quarter-over-quarter from $721.9 million in Q1 2026.

Analysis

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 $717.8 million for Q2 2026.

  • In Q2 2026, Long-Term Deferred Tax fell 15.81% year-over-year to $717.8 million; the TTM figure through Jun 2026 stood at $717.8 million (down 15.81% YoY), while the FY2025 annual figure was $718.1 million, down 12.7% from the prior year.
  • Long-Term Deferred Tax came in at $717.8 million for Q2 2026 at Garmin, down from $721.9 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.
  • Average Long-Term Deferred Tax over 5 years is $637.5 million, with a median of $720.0 million recorded in 2025.
  • Year-over-year, Long-Term Deferred Tax jumped 71.09% in 2023 and decreased 15.81% in 2026.
  • Over 5 years, 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 decreased by 0.04% to $717.8 million in 2026.
  • Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $717.8 million in Q2 2026, $721.9 million in Q1 2026, and $718.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Apple 4,859.45 Bn 4,797.05 Bn 54.77 Bn
2 Garmin 53.81 Bn 51.14 Bn 1.26 Bn
3 Vuzix 211.42 Mn 194.13 Mn -645,411.00
4 Zepp Health 69.33 Mn -328,416.31 23.73 Mn
5 Foxx Development Holdings 17.72 Mn 14.53 Mn -1.45 Mn
6 Wearable Devices 652,391.50 -18.19 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 717.80 Mn
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