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

Garmin's (GRMN) quarterly Non-Current Deferred Tax Liability came in at $111.7 million in Q1 2026, up 6.5% year-on-year from $104.9 million in Q1 2025, and up 1.86% quarter-over-quarter from $109.7 million in Q4 2025.

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

Garmin has disclosed Non-Current Deferred Tax Liability across 18 years of filings, most recently posting $111.7 million for Q1 2026.

  • Non-Current Deferred Tax Liability for Q1 2026 came in at $111.7 million, up 6.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $111.7 million (up 6.5% YoY), and the FY2025 annual result was $109.7 million, up 6.22% from the prior year.
  • Non-Current Deferred Tax Liability came in at $111.7 million for Q1 2026 at Garmin, up from $109.7 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $131.8 million in Q2 2023 to a low of $89.2 million in Q2 2025.
  • The 5-year median for Non-Current Deferred Tax Liability is $113.9 million (2024), against an average of $112.5 million.
  • Across the five-year window, Non-Current Deferred Tax Liability increased 11.99% in 2023 and declined 13.53% in 2024, its largest moves.
  • Garmin's Non-Current Deferred Tax Liability stood at $130.0 million in 2022, then slipped by 11.76% to $114.7 million in 2023, then fell by 9.95% to $103.3 million in 2024, then advanced by 6.22% to $109.7 million in 2025, then climbed by 1.86% to $111.7 million in 2026.
  • The last three Non-Current Deferred Tax Liability figures came in at $111.7 million (Q1 2026), $109.7 million (Q4 2025), and $109.0 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 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