Garmin (GRMN) Prepaid Assets (2009 - 2026)
Garmin (GRMN) posted Prepaid Assets of $509.47 million for Q2 2026, up 22.7% from $415.07 million a year earlier and up 4.0% from the prior quarter.
Analysis
Garmin (GRMN) Prepaid Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Garmin's Prepaid Assets came in at $467.56 million, up 32.1% from FY2024.
- Annual Prepaid Assets has increased for three consecutive years, with a five-year compound annual growth rate of 19.5% (FY2020 to FY2025).
- In prior years, Garmin's Prepaid Assets was $353.99 million in FY2024 (+11.1%), $318.56 million in FY2023 (+0.8%), $315.92 million in FY2022 (-3.9%) and $328.72 million in FY2021 (+71.6%).
- The Q2 2026 figure stands as the highest quarterly Prepaid Assets in data going back to Q2 2009.
- On a year-over-year basis, Prepaid Assets has increased in each of the last nine quarters, with growth averaging 23.5% over the last eight quarters.
- The strongest year-over-year quarter for Prepaid Assets in the past five years was Q4 2021, with growth of 71.6%; the weakest was Q2 2023, with a decline of 12.6%.
- According to Business Quant data, Prepaid Assets for the three prior quarters was $489.65 million (Q1 2026), $467.56 million (Q4 2025) and $410.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,040.97 Bn | 4,788.46 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.45 Bn | 360.38 Bn | 11.06 Bn |
| 3 | Dell Technologies | 313.76 Bn | 269.51 Bn | 9.83 Bn |
| 4 | Arista Networks | 232.68 Bn | 186.14 Bn | 1.91 Bn |
| 5 | Sandisk | 202.67 Bn | 191.19 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 152.82 Bn | 147.82 Bn | 1.90 Bn |
| 7 | Sony | 149.85 Bn | 87.11 Bn | 6.53 Bn |
| 8 | Western Digital | 130.59 Bn | 118.72 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 77.78 Bn | 55.65 Bn | 4.93 Bn |
| 10 | Garmin | 56.29 Bn | 45.64 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 509.47 Mn |
| Mar 28, 2026 | 489.65 Mn |
| Dec 27, 2025 | 467.56 Mn |
| Sep 27, 2025 | 410.30 Mn |
| Jun 28, 2025 | 415.07 Mn |
| Mar 29, 2025 | 380.51 Mn |
| Dec 28, 2024 | 353.99 Mn |
| Sep 28, 2024 | 334.49 Mn |
| Jun 29, 2024 | 322.04 Mn |
| Mar 30, 2024 | 305.67 Mn |
| Dec 30, 2023 | 318.56 Mn |
| Sep 30, 2023 | 284.68 Mn |
| Jul 1, 2023 | 297.52 Mn |
| Apr 1, 2023 | 309.30 Mn |
| Dec 31, 2022 | 315.92 Mn |
| Sep 24, 2022 | 318.34 Mn |
| Jun 25, 2022 | 340.33 Mn |
| Mar 26, 2022 | 335.17 Mn |
| Dec 25, 2021 | 328.72 Mn |
| Sep 25, 2021 | 255.80 Mn |
API Access
Garmin Prepaid Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=prepaid-assets&ticker=GRMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=prepaid-assets&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();