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| Date | Value |
|---|---|
| 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 |