Garmin (GRMN) Other Non-Current Liabilities (2009 - 2026)
Garmin (GRMN) recorded Other Non-Current Liabilities of $3.75 million in Q2 2026, up 1.3% from $3.7 million a year earlier and up 3.0% from the prior quarter.
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Analysis
Garmin (GRMN) Other Non-Current Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Garmin reported Other Non-Current Liabilities of $3.6 million, down 48.7% from FY2024.
- Annual Other Non-Current Liabilities has declined for eight straight years, with a five-year compound annual growth rate of -47.8% (FY2020 to FY2025).
- Across earlier years, Other Non-Current Liabilities came in at $7.01 million in FY2024 (-57.5%), $16.52 million in FY2023 (-52.3%), $34.63 million in FY2022 (-44.6%) and $62.54 million in FY2021 (-32.6%).
- The Q2 2026 figure is the highest quarterly Other Non-Current Liabilities since Q1 2025.
- On a year-over-year basis, Other Non-Current Liabilities rose in 1 of the last eight quarters, with an average decline of 49.7%.
- Peak year-over-year performance for Other Non-Current Liabilities in the last five years was growth of 4.0% in Q3 2021, against a decline of 79.7% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.65 million (Q1 2026), $3.6 million (Q4 2025) and $3.43 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,040.97 Bn | 4,788.46 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.45 Bn | 360.38 Bn | 11.06 Bn |
| 3 | Dell Technologies | 313.76 Bn | 269.51 Bn | 9.83 Bn |
| 4 | Arista Networks | 232.68 Bn | 186.14 Bn | 1.91 Bn |
| 5 | Sandisk | 202.67 Bn | 191.19 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 152.82 Bn | 147.82 Bn | 1.90 Bn |
| 7 | Sony | 149.85 Bn | 87.11 Bn | 6.53 Bn |
| 8 | Western Digital | 130.59 Bn | 118.72 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 77.78 Bn | 55.65 Bn | 4.93 Bn |
| 10 | Garmin | 56.29 Bn | 45.64 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 4.31 Mn |
| Mar 28, 2026 | 4.28 Mn |
| Dec 27, 2025 | 4.22 Mn |
| Sep 27, 2025 | 4.34 Mn |
| Jun 28, 2025 | 4.55 Mn |
| Mar 29, 2025 | 7.75 Mn |
| Dec 28, 2024 | 7.79 Mn |
| Sep 28, 2024 | 17.47 Mn |
| Jun 29, 2024 | 17.05 Mn |
| Mar 30, 2024 | 16.68 Mn |
| Dec 30, 2023 | 16.96 Mn |
| Sep 30, 2023 | 24.97 Mn |
| Jul 1, 2023 | 35.00 Mn |
| Apr 1, 2023 | 35.31 Mn |
| Dec 31, 2022 | 34.99 Mn |
| Sep 24, 2022 | 51.30 Mn |
| Jun 25, 2022 | 60.57 Mn |
| Mar 26, 2022 | 63.07 Mn |
| Dec 25, 2021 | 62.86 Mn |
| Sep 25, 2021 | 101.53 Mn |
API Access
Garmin Other Non-Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-non-current-liabilities&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-current-liabilities", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-non-current-liabilities&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();