Garmin (GRMN) Other Working Capital Changes (2009 - 2026)
Garmin (GRMN) posted Other Working Capital Changes of -$143.67 million for Q3 2026, compared with $14.84 million a year earlier.
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Analysis
Garmin (GRMN) Other Working Capital Changes (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 26, 2026, Other Working Capital Changes at Garmin was -$147.37 million; for FY2025, it was $84.38 million.
- Annual Other Working Capital Changes shows a five-year compound annual growth rate of 15.6% (FY2020 to FY2025).
- In prior years, Garmin's Other Working Capital Changes was -$18.98 million in FY2024, $67.83 million in FY2023, $1.64 million in FY2022 (-95.0%) and $32.91 million in FY2021 (-19.4%).
- The Q3 2026 figure stands as the lowest quarterly Other Working Capital Changes since Q1 2013.
- On a year-over-year basis, Other Working Capital Changes increased in two of the last four quarters, with growth averaging 17.7%.
- The strongest year-over-year quarter for Other Working Capital Changes in the past five years was Q3 2023, with growth of 238.7%; the weakest was Q3 2025, with a decline of 71.0%.
- According to Business Quant data, Other Working Capital Changes for the three prior quarters was $13.89 million (Q2 2026), -$121.39 million (Q1 2026) and $103.8 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,090.84 Bn | 4,836.31 Bn | 54.82 Bn |
| 2 | Cisco Systems | 390.99 Bn | 326.92 Bn | 11.06 Bn |
| 3 | Arista Networks | 240.45 Bn | 189.65 Bn | 2.33 Bn |
| 4 | Dell Technologies | 219.04 Bn | 174.80 Bn | 9.83 Bn |
| 5 | Sony | 158.27 Bn | 38.21 Bn | - |
| 6 | Sandisk | 129.40 Bn | 114.23 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 114.31 Bn | 109.16 Bn | 2.43 Bn |
| 8 | Western Digital | 105.81 Bn | 95.63 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 63.81 Bn | 41.69 Bn | 4.93 Bn |
| 10 | Garmin | 55.33 Bn | 44.88 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | -143.67 Mn |
| Jun 27, 2026 | 13.89 Mn |
| Mar 28, 2026 | -121.39 Mn |
| Dec 27, 2025 | 103.80 Mn |
| Sep 27, 2025 | 14.84 Mn |
| Jun 28, 2025 | 44.62 Mn |
| Mar 29, 2025 | -78.89 Mn |
| Dec 28, 2024 | 33.53 Mn |
| Sep 28, 2024 | 51.21 Mn |
| Jun 29, 2024 | -37.13 Mn |
| Mar 30, 2024 | -66.58 Mn |
| Dec 30, 2023 | 33.20 Mn |
| Sep 30, 2023 | 67.62 Mn |
| Jul 1, 2023 | 30.89 Mn |
| Apr 1, 2023 | -63.88 Mn |
| Dec 31, 2022 | 56.50 Mn |
| Sep 24, 2022 | 19.96 Mn |
| Jun 25, 2022 | 47.76 Mn |
| Mar 26, 2022 | -122.59 Mn |
| Dec 25, 2021 | 103.62 Mn |
API Access
Garmin Other Working Capital Changes 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-working-capital-changes&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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-working-capital-changes&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();