Garmin (GRMN) Payables (2009 - 2026)
Garmin's (GRMN) quarterly Payables came in at $344.7 million in Q1 2026, little changed year-on-year from $344.8 million in Q1 2025, and down 33.81% quarter-over-quarter from $520.8 million in Q4 2025.
Garmin (GRMN) Payables (2009 - 2026) Analysis & Trends
Garmin has disclosed Payables across 17 years of filings, most recently posting $344.7 million for Q1 2026.
- Payables for Q1 2026 came in at $344.7 million, changed 0.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $344.7 million (changed 0.02% YoY), and the FY2025 annual result was $520.8 million, up 3.4% from the prior year.
- Payables came in at $344.7 million for Q1 2026 at Garmin, down from $520.8 million in the prior quarter.
- In the past five years, Payables ranged from a high of $917.2 million in Q2 2025 to a low of $208.8 million in Q2 2023.
- The 5-year median for Payables is $520.8 million (2025), against an average of $541.3 million.
- Across the five-year window, Payables plunged 51.26% in 2023 and jumped 41.84% in 2025, its largest moves.
- Garmin's 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 sank by 33.81% to $344.7 million in 2026.
- The last three Payables figures came in at $344.7 million (Q1 2026), $520.8 million (Q4 2025), and $724.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 75.99 Bn | 74.70 Bn | 679.95 Mn | 1.34 Bn |
| 2 | Keysight Technologies | 56.90 Bn | 54.72 Bn | 995.00 Mn | 334.00 Mn |
| 3 | Garmin | 45.32 Bn | 42.62 Bn | 1.04 Bn | 344.72 Mn |
| 4 | Teledyne Technologies | 28.36 Bn | 28.06 Bn | 673.80 Mn | 541.40 Mn |
| 5 | Mks | 21.03 Bn | 20.46 Bn | 507.00 Mn | 1.85 Bn |
| 6 | Fortive | 18.96 Bn | 18.61 Bn | 675.50 Mn | 415.90 Mn |
| 7 | Trimble | 12.56 Bn | 12.32 Bn | 646.30 Mn | 186.00 Mn |
| 8 | Cognex | 10.39 Bn | 10.09 Bn | 190.94 Mn | 59.55 Mn |
| 9 | Esco Technologies | 7.65 Bn | 7.56 Bn | 131.32 Mn | 106.68 Mn |
| 10 | Sensata Technologies Holding | 7.33 Bn | 6.69 Bn | 286.30 Mn | 446.40 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 |