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| 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 |