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
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