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

Garmin's (GRMN) quarterly Long-Term Deferred Tax came in at $721.9 million in Q1 2026, down 13.21% year-on-year from $831.8 million in Q1 2025, and up 0.53% quarter-over-quarter from $718.1 million in Q4 2025.

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 $721.9 million for Q1 2026.

  • Long-Term Deferred Tax for Q1 2026 came in at $721.9 million, down 13.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $721.9 million (down 13.21% YoY), and the FY2025 annual result was $718.1 million, down 12.7% from the prior year.
  • Long-Term Deferred Tax came in at $721.9 million for Q1 2026 at Garmin, up from $718.1 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.
  • The 5-year median for Long-Term Deferred Tax is $721.9 million (2026), against an average of $632.7 million.
  • Across the five-year window, Long-Term Deferred Tax soared 71.09% in 2023 and slipped 13.21% in 2026, its largest moves.
  • 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 grew by 9.0% to $822.5 million in 2024, then dropped by 12.7% to $718.1 million in 2025, then grew by 0.53% to $721.9 million in 2026.
  • The last three Long-Term Deferred Tax figures came in at $721.9 million (Q1 2026), $718.1 million (Q4 2025), and $782.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 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