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
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