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
DateValue
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