Garmin (GRMN) Payables (2009 - 2026)
Garmin (GRMN) posted Payables of $344.7 million for Q1 2026, down 33.81% sequentially from $520.8 million in Q4 2025, and little changed YoY from $344.8 million in Q1 2025.
Garmin (GRMN) Payables (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 17 years of Payables data on file, last reported at $344.7 million in Q1 2026.
- Quarterly Payables changed 0.02% year-over-year to $344.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $344.7 million (changed 0.02% YoY) and the FY2025 annual result came in at $520.8 million, up 3.4% from the prior year.
- Payables retreated to $344.7 million in Q1 2026 per GRMN's latest filing, from $520.8 million in the prior quarter.
- The five-year high for Payables was $917.2 million in Q2 2025, with the low at $208.8 million in Q2 2023.
- Average Payables over 5 years is $541.3 million, with a median of $520.8 million recorded in 2025.
- Year-over-year, Payables slumped 51.26% in 2023 and surged 41.84% in 2025.
- Garmin's Payables stood at $352.1 million in 2022, then rose by 11.82% to $393.8 million in 2023, then increased by 27.92% to $503.7 million in 2024, then increased by 3.4% to $520.8 million in 2025, then slumped by 33.81% to $344.7 million in 2026.
- Business Quant data shows GRMN's Payables at $344.7 million in Q1 2026, $520.8 million in Q4 2025, and $724.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.34 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 96.20 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 334.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 541.40 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 415.90 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 186.00 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 59.55 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 446.40 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 344.72 Mn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 106.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 26, 2021 | 819.25 Mn |