Growth Metrics

Garmin (GRMN) Payables (2017 - 2025)

Garmin's Payables history spans 14 years, with the latest figure at $520.8 million for Q4 2025.

  • For Q4 2025, Payables rose 3.4% year-over-year to $520.8 million; the TTM value through Dec 2025 reached $520.8 million, up 3.4%, while the annual FY2025 figure was $520.8 million, 3.4% up from the prior year.
  • Payables for Q4 2025 was $520.8 million at Garmin, down from $724.3 million in the prior quarter.
  • Across five years, Payables topped out at $917.2 million in Q2 2025 and bottomed at $208.8 million in Q2 2023.
  • The 5-year median for Payables is $587.8 million (2021), against an average of $568.9 million.
  • The largest annual shift saw Payables tumbled 51.26% in 2023 before it surged 41.84% in 2025.
  • A 5-year view of Payables shows it stood at $628.1 million in 2021, then tumbled by 43.93% to $352.1 million in 2022, then grew by 11.82% to $393.8 million in 2023, then rose by 27.92% to $503.7 million in 2024, then rose by 3.4% to $520.8 million in 2025.
  • Per Business Quant, the three most recent readings for GRMN's Payables are $520.8 million (Q4 2025), $724.3 million (Q3 2025), and $917.2 million (Q2 2025).