Garmin GRMN
NYSE GRMN
$278.92 -1.46 (-0.52%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

Garmin's (GRMN) quarterly Non-Current Deferred Tax Liability came in at $107.4 million in Q2 2026, up 20.37% year-over-year from $89.2 million in Q2 2025, and down 3.92% quarter-over-quarter from $111.7 million in Q1 2026.

Analysis

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 $107.4 million for Q2 2026.

  • In Q2 2026, Non-Current Deferred Tax Liability rose 20.37% year-over-year to $107.4 million; the TTM figure through Jun 2026 stood at $107.4 million (up 20.37% YoY), while the FY2025 annual figure was $109.7 million, up 6.22% from the prior year.
  • Non-Current Deferred Tax Liability came in at $107.4 million for Q2 2026 at Garmin, down from $111.7 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.
  • Average Non-Current Deferred Tax Liability over 5 years is $112.2 million, with a median of $112.8 million recorded in 2024.
  • Year-over-year, Non-Current Deferred Tax Liability fell 13.53% in 2024 and rose 20.37% in 2026.
  • Over 5 years, 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 fell by 2.13% to $107.4 million in 2026.
  • Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $107.4 million in Q2 2026, $111.7 million in Q1 2026, and $109.7 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Apple 4,859.45 Bn 4,797.05 Bn 54.77 Bn
2 Garmin 53.81 Bn 51.14 Bn 1.26 Bn
3 Vuzix 211.42 Mn 194.13 Mn -645,411.00
4 Zepp Health 69.33 Mn -328,416.31 23.73 Mn
5 Foxx Development Holdings 17.72 Mn 14.53 Mn -1.45 Mn
6 Wearable Devices 652,391.50 -18.19 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 107.37 Mn
Mar 28, 2026 111.74 Mn
Dec 27, 2025 109.70 Mn
Sep 27, 2025 109.04 Mn
Jun 28, 2025 89.19 Mn
Mar 29, 2025 104.92 Mn
Dec 28, 2024 103.27 Mn
Sep 28, 2024 105.00 Mn
Jun 29, 2024 102.95 Mn
Mar 30, 2024 113.93 Mn
Dec 30, 2023 114.68 Mn
Sep 30, 2023 116.42 Mn
Jul 1, 2023 116.65 Mn
Apr 1, 2023 131.75 Mn
Dec 31, 2022 129.97 Mn
Sep 24, 2022 117.94 Mn
Jun 25, 2022 118.06 Mn
Mar 26, 2022 117.65 Mn
Dec 25, 2021 117.60 Mn
Sep 25, 2021 127.73 Mn