Garmin (GRMN) Payables (2009 - 2026)

Garmin has disclosed Payables across 17 years of filings, most recently posting $1.0 billion for Q2 2026.

• In Q2 2026, Payables rose 10.01% year-over-year to $1.0 billion; the TTM figure through Jun 2026 stood at $1.0 billion (up 10.01% YoY), while the FY2025 annual figure was $520.8 million, up 3.4% from the prior year.
• Payables came in at $1.0 billion for Q2 2026 at Garmin, up from $344.7 million in the prior quarter.
• In the past five years, Payables ranged from a high of $1.0 billion in Q2 2026 to a low of $208.8 million in Q2 2023.
• Average Payables over 5 years is $567.3 million, with a median of $534.2 million recorded in 2023.
• Year-over-year, Payables tumbled 51.26% in 2023 and surged 41.84% in 2025.
• Over 5 years, Payables stood at $352.1 million in 2022, then climbed by 11.82% to $393.8 million in 2023, then advanced by 27.92% to $503.7 million in 2024, then advanced by 3.4% to $520.8 million in 2025, then jumped by 93.72% to $1.0 billion in 2026.
• Per Business Quant data, the three most recent Payables figures were $1.0 billion in Q2 2026, $344.7 million in Q1 2026, and $520.8 million in Q4 2025.