Garmin (GRMN) Non-Current Deferred Tax Liability (2009 - 2026)
Garmin (GRMN) posted Non-Current Deferred Tax Liability of $111.7 million for Q1 2026, up 1.86% sequentially from $109.7 million in Q4 2025, and up 6.5% YoY from $104.9 million in Q1 2025.
Garmin (GRMN) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 18 years of Non-Current Deferred Tax Liability data on file, last reported at $111.7 million in Q1 2026.
- Quarterly Non-Current Deferred Tax Liability rose 6.5% year-over-year to $111.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $111.7 million (up 6.5% YoY) and the FY2025 annual result came in at $109.7 million, up 6.22% from the prior year.
- Non-Current Deferred Tax Liability improved to $111.7 million in Q1 2026 per GRMN's latest filing, from $109.7 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $131.8 million in Q2 2023, with the low at $89.2 million in Q2 2025.
- Average Non-Current Deferred Tax Liability over 5 years is $112.5 million, with a median of $113.9 million recorded in 2024.
- Year-over-year, Non-Current Deferred Tax Liability climbed 11.99% in 2023 and slipped 13.53% in 2024.
- Garmin's Non-Current Deferred Tax Liability stood at $130.0 million in 2022, then fell by 11.76% to $114.7 million in 2023, then slipped by 9.95% to $103.3 million in 2024, then increased by 6.22% to $109.7 million in 2025, then rose by 1.86% to $111.7 million in 2026.
- Business Quant data shows GRMN's Non-Current Deferred Tax Liability at $111.7 million in Q1 2026, $109.7 million in Q4 2025, and $109.0 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 | 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 |
| Dec 30, 2023 | 114.68 Mn |
| Dec 30, 2023 | 114.68 Mn |