Growth Metrics

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

Historic Long-Term Deferred Tax for Garmin (GRMN) over the last 17 years, with Q3 2025 value amounting to $782.1 million.

  • Garmin's Long-Term Deferred Tax fell 73.06% to $782.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $782.1 million, marking a year-over-year decrease of 73.06%. This contributed to the annual value of $822.5 million for FY2024, which is 899.59% up from last year.
  • Per Garmin's latest filing, its Long-Term Deferred Tax stood at $782.1 million for Q3 2025, which was down 73.06% from $852.6 million recorded in Q2 2025.
  • Garmin's 5-year Long-Term Deferred Tax high stood at $852.6 million for Q2 2025, and its period low was $248.9 million during Q1 2021.
  • Moreover, its 5-year median value for Long-Term Deferred Tax was $493.9 million (2023), whereas its average is $543.6 million.
  • In the last 5 years, Garmin's Long-Term Deferred Tax tumbled by 562.6% in 2021 and then skyrocketed by 7109.15% in 2023.
  • Quarter analysis of 5 years shows Garmin's Long-Term Deferred Tax stood at $260.2 million in 2021, then surged by 69.51% to $441.1 million in 2022, then surged by 71.09% to $754.6 million in 2023, then rose by 9.0% to $822.5 million in 2024, then dropped by 4.92% to $782.1 million in 2025.
  • Its last three reported values are $782.1 million in Q3 2025, $852.6 million for Q2 2025, and $831.8 million during Q1 2025.