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| 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 |