Garmin (GRMN) Non-Current Deffered Revenue (2009 - 2026)
Garmin (GRMN) posted Non-Current Deffered Revenue of $22.1 million for Q2 2026, down 2.03% sequentially from $22.5 million in Q1 2026, and down 10.1% YoY from $24.6 million in Q2 2025.
Garmin (GRMN) Non-Current Deffered Revenue (2009 - 2026) Analysis & Trends
Garmin has reported Non-Current Deffered Revenue for 18 years, with the latest figure at $22.1 million in Q2 2026.
- Quarterly Non-Current Deffered Revenue fell 10.1% year-over-year to $22.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $22.1 million (down 10.1% YoY) and the FY2025 annual result came in at $22.3 million, down 21.34% from the prior year.
- Non-Current Deffered Revenue eased to $22.1 million in Q2 2026 per GRMN's latest filing, from $22.5 million in the prior quarter.
- Over five years, Non-Current Deffered Revenue peaked at $39.1 million in Q1 2022 and troughed at $22.1 million in Q2 2026.
- A 5-year average of $30.9 million and a median of $32.9 million in 2024 frame the typical range for Non-Current Deffered Revenue.
- The sharpest annual moves came in 2023 and 2025: Non-Current Deffered Revenue advanced 1.25% in 2023, then declined 24.76% in 2025.
- Over 5 years, Non-Current Deffered Revenue stood at $35.7 million in 2022, then climbed by 1.25% to $36.1 million in 2023, then fell by 21.65% to $28.3 million in 2024, then declined by 21.34% to $22.3 million in 2025, then slipped by 0.92% to $22.1 million in 2026.
- According to Business Quant data, Non-Current Deffered Revenue over the past three periods registered $22.1 million, $22.5 million, and $22.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 22.07 Mn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 251.00 Mn |
| 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 | 113.20 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 | 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 |