Garmin (GRMN) Non-Current Deffered Revenue (2009 - 2026)
Garmin's (GRMN) quarterly Non-Current Deffered Revenue came in at $22.1 million in Q2 2026, down 10.1% year-over-year from $24.6 million in Q2 2025, and down 2.03% quarter-over-quarter from $22.5 million in Q1 2026.
Analysis
Garmin (GRMN) Non-Current Deffered Revenue (2009 - 2026) Analysis & Trends
Garmin has disclosed Non-Current Deffered Revenue across 18 years of filings, most recently posting $22.1 million for Q2 2026.
- In Q2 2026, Non-Current Deffered Revenue fell 10.1% year-over-year to $22.1 million; the TTM figure through Jun 2026 stood at $22.1 million (down 10.1% YoY), while the FY2025 annual figure was $22.3 million, down 21.34% from the prior year.
- Non-Current Deffered Revenue came in at $22.1 million for Q2 2026 at Garmin, down from $22.5 million in the prior quarter.
- In the past five years, Non-Current Deffered Revenue ranged from a high of $39.1 million in Q1 2022 to a low of $22.1 million in Q2 2026.
- Average Non-Current Deffered Revenue over 5 years is $30.9 million, with a median of $32.9 million recorded in 2024.
- Year-over-year, Non-Current Deffered Revenue gained 1.25% in 2023 and dropped 24.76% in 2025.
- Over 5 years, Non-Current Deffered Revenue stood at $35.7 million in 2022, then gained by 1.25% to $36.1 million in 2023, then dropped by 21.65% to $28.3 million in 2024, then slipped by 21.34% to $22.3 million in 2025, then retreated by 0.92% to $22.1 million in 2026.
- Per Business Quant data, the three most recent Non-Current Deffered Revenue figures were $22.1 million in Q2 2026, $22.5 million in Q1 2026, and $22.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (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 | 22.07 Mn |
| 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 22.07 Mn |
| Mar 28, 2026 | 22.53 Mn |
| Dec 27, 2025 | 22.28 Mn |
| Sep 27, 2025 | 23.19 Mn |
| Jun 28, 2025 | 24.55 Mn |
| Mar 29, 2025 | 25.53 Mn |
| Dec 28, 2024 | 28.32 Mn |
| Sep 28, 2024 | 30.23 Mn |
| Jun 29, 2024 | 31.85 Mn |
| Mar 30, 2024 | 33.93 Mn |
| Dec 30, 2023 | 36.15 Mn |
| Sep 30, 2023 | 35.53 Mn |
| Jul 1, 2023 | 35.94 Mn |
| Apr 1, 2023 | 34.38 Mn |
| Dec 31, 2022 | 35.70 Mn |
| Sep 24, 2022 | 37.07 Mn |
| Jun 25, 2022 | 38.30 Mn |
| Mar 26, 2022 | 39.06 Mn |
| Dec 25, 2021 | 41.62 Mn |
| Sep 25, 2021 | 42.02 Mn |