Garmin GRMN
NYSE GRMN
$294.85 +1.76 (+0.60%)
At close: Aug 21, 2026 · 4:00 PM EDT

Garmin (GRMN) Non-Current Deferred Tax Liability (2009 - 2026)

Garmin (GRMN) posted Non-Current Deferred Tax Liability of $107.4 million for Q2 2026, down 3.92% sequentially from $111.7 million in Q1 2026, and up 20.37% YoY from $89.2 million in Q2 2025.

Garmin (GRMN) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends

Garmin has reported Non-Current Deferred Tax Liability for 18 years, with the latest figure at $107.4 million in Q2 2026.

  • Quarterly Non-Current Deferred Tax Liability rose 20.37% year-over-year to $107.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $107.4 million (up 20.37% YoY) and the FY2025 annual result came in at $109.7 million, up 6.22% from the prior year.
  • Non-Current Deferred Tax Liability retreated to $107.4 million in Q2 2026 per GRMN's latest filing, from $111.7 million in the prior quarter.
  • Over five years, Non-Current Deferred Tax Liability peaked at $131.8 million in Q2 2023 and troughed at $89.2 million in Q2 2025.
  • A 5-year average of $112.2 million and a median of $112.8 million in 2024 frame the typical range for Non-Current Deferred Tax Liability.
  • The sharpest annual moves came in 2024 and 2026: Non-Current Deferred Tax Liability retreated 13.53% in 2024, then gained 20.37% in 2026.
  • Over 5 years, Non-Current Deferred Tax Liability stood at $130.0 million in 2022, then declined by 11.76% to $114.7 million in 2023, then decreased by 9.95% to $103.3 million in 2024, then grew by 6.22% to $109.7 million in 2025, then decreased by 2.13% to $107.4 million in 2026.
  • According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $107.4 million, $111.7 million, and $109.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Garmin 56.90 Bn 54.24 Bn 1.26 Bn
2 Keysight Technologies 53.99 Bn 51.57 Bn 1.18 Bn
3 Coherent 51.17 Bn 49.18 Bn 787.08 Mn
4 Teledyne Technologies 29.38 Bn 29.04 Bn 738.10 Mn
5 Mks 18.84 Bn 18.23 Bn 595.00 Mn
6 Fortive 18.30 Bn 17.93 Bn 695.30 Mn
7 Trimble 14.04 Bn 13.83 Bn 674.90 Mn
8 Cognex 10.12 Bn 9.71 Bn 205.77 Mn
9 Esco Technologies 7.42 Bn 7.35 Bn 141.52 Mn
10 Sensata Technologies Holding 6.22 Bn 5.82 Bn 301.80 Mn

Historic Data

Download Data
DateValue
Jun 27, 2026 107.37 Mn
Jun 27, 2026 107.37 Mn
Mar 28, 2026 111.74 Mn
Mar 28, 2026 111.74 Mn
Dec 27, 2025 109.70 Mn
Dec 27, 2025 109.70 Mn
Sep 27, 2025 109.04 Mn
Sep 27, 2025 109.04 Mn
Jun 28, 2025 89.19 Mn
Jun 28, 2025 89.19 Mn
Mar 29, 2025 104.92 Mn
Mar 29, 2025 104.92 Mn
Dec 28, 2024 103.27 Mn
Dec 28, 2024 103.27 Mn
Sep 28, 2024 105.00 Mn
Sep 28, 2024 105.00 Mn
Jun 29, 2024 102.95 Mn
Jun 29, 2024 102.95 Mn
Mar 30, 2024 113.93 Mn
Mar 30, 2024 113.93 Mn