Garmin (GRMN) Payables (2009 - 2026)
Garmin (GRMN) posted Payables of $1.0 billion for Q2 2026, up 192.69% sequentially from $344.7 million in Q1 2026, and up 10.01% YoY from $917.2 million in Q2 2025.
Garmin (GRMN) Payables (2009 - 2026) Analysis & Trends
Garmin has reported Payables for 17 years, with the latest figure at $1.0 billion in Q2 2026.
- Quarterly Payables rose 10.01% year-over-year to $1.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.0 billion (up 10.01% YoY) and the FY2025 annual result came in at $520.8 million, up 3.4% from the prior year.
- Payables climbed to $1.0 billion in Q2 2026 per GRMN's latest filing, from $344.7 million in the prior quarter.
- Over five years, Payables peaked at $1.0 billion in Q2 2026 and troughed at $208.8 million in Q2 2023.
- A 5-year average of $567.3 million and a median of $534.2 million in 2023 frame the typical range for Payables.
- The sharpest annual moves came in 2023 and 2025: Payables plunged 51.26% in 2023, then soared 41.84% in 2025.
- Over 5 years, Payables stood at $352.1 million in 2022, then increased by 11.82% to $393.8 million in 2023, then grew by 27.92% to $503.7 million in 2024, then grew by 3.4% to $520.8 million in 2025, then soared by 93.72% to $1.0 billion in 2026.
- According to Business Quant data, Payables over the past three periods registered $1.0 billion, $344.7 million, and $520.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 1.01 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 392.00 Mn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 1.91 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 492.30 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 1.93 Bn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 427.90 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 211.70 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 65.06 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 116.54 Mn |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 473.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 1.01 Bn |
| Mar 28, 2026 | 344.72 Mn |
| Dec 27, 2025 | 520.84 Mn |
| Sep 27, 2025 | 724.31 Mn |
| Jun 28, 2025 | 917.17 Mn |
| Mar 29, 2025 | 344.80 Mn |
| Dec 28, 2024 | 503.71 Mn |
| Sep 28, 2024 | 662.23 Mn |
| Jun 29, 2024 | 764.51 Mn |
| Mar 30, 2024 | 243.09 Mn |
| Dec 30, 2023 | 393.79 Mn |
| Sep 30, 2023 | 547.48 Mn |
| Jul 1, 2023 | 672.60 Mn |
| Apr 1, 2023 | 208.80 Mn |
| Dec 31, 2022 | 352.15 Mn |
| Sep 24, 2022 | 689.67 Mn |
| Jun 25, 2022 | 884.19 Mn |
| Mar 26, 2022 | 428.39 Mn |
| Dec 25, 2021 | 628.07 Mn |
| Sep 25, 2021 | 705.17 Mn |