Growth Metrics

Garmin (GRMN) Long-Term Deferred Tax (2016 - 2025)

Garmin's Long-Term Deferred Tax history spans 15 years, with the latest figure at $782.1 million for Q3 2025.

  • For Q3 2025, Long-Term Deferred Tax fell 0.73% year-over-year to $782.1 million; the TTM value through Sep 2025 reached $782.1 million, down 0.73%, while the annual FY2024 figure was $822.5 million, 9.0% up from the prior year.
  • Long-Term Deferred Tax for Q3 2025 was $782.1 million at Garmin, down from $852.6 million in the prior quarter.
  • Across five years, Long-Term Deferred Tax topped out at $852.6 million in Q2 2025 and bottomed at $248.9 million in Q1 2021.
  • The 5-year median for Long-Term Deferred Tax is $493.9 million (2023), against an average of $543.6 million.
  • The largest annual shift saw Long-Term Deferred Tax decreased 5.63% in 2021 before it skyrocketed 71.09% in 2023.
  • A 5-year view of Long-Term Deferred Tax shows it stood at $260.2 million in 2021, then skyrocketed by 69.51% to $441.1 million in 2022, then surged by 71.09% to $754.6 million in 2023, then increased by 9.0% to $822.5 million in 2024, then fell by 4.92% to $782.1 million in 2025.
  • Per Business Quant, the three most recent readings for GRMN's Long-Term Deferred Tax are $782.1 million (Q3 2025), $852.6 million (Q2 2025), and $831.8 million (Q1 2025).