Garmin (GRMN) Receivables (2009 - 2026)
Garmin (GRMN) posted Receivables of $941.0 million for Q1 2026, down 24.9% sequentially from $1.3 billion in Q4 2025, and up 19.54% YoY from $787.1 million in Q1 2025.
Garmin (GRMN) Receivables (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 18 years of Receivables data on file, last reported at $941.0 million in Q1 2026.
- Quarterly Receivables rose 19.54% year-over-year to $941.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $941.0 million (up 19.54% YoY) and the FY2025 annual result came in at $1.3 billion, up 11.61% from the prior year.
- Receivables slipped to $941.0 million in Q1 2026 per GRMN's latest filing, from $1.3 billion in the prior quarter.
- The five-year high for Receivables was $1.3 billion in Q4 2025, with the low at $599.7 million in Q1 2022.
- Average Receivables over 5 years is $836.5 million, with a median of $787.1 million recorded in 2025.
- Year-over-year, Receivables slipped 19.44% in 2022 and rose 27.86% in 2024.
- Garmin's Receivables stood at $783.6 million in 2022, then climbed by 21.56% to $952.6 million in 2023, then increased by 17.86% to $1.1 billion in 2024, then increased by 11.61% to $1.3 billion in 2025, then declined by 24.9% to $941.0 million in 2026.
- Business Quant data shows GRMN's Receivables at $941.0 million in Q1 2026, $1.3 billion in Q4 2025, and $955.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.19 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 173.93 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 1.04 Bn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 1.39 Bn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 796.00 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 617.50 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 187.12 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 693.20 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 940.96 Mn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 110.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 940.96 Mn |
| Dec 27, 2025 | 1.25 Bn |
| Sep 27, 2025 | 955.61 Mn |
| Jun 28, 2025 | 1.01 Bn |
| Mar 29, 2025 | 787.13 Mn |
| Dec 28, 2024 | 1.12 Bn |
| Sep 28, 2024 | 922.03 Mn |
| Jun 29, 2024 | 808.45 Mn |
| Mar 30, 2024 | 694.69 Mn |
| Dec 30, 2023 | 952.58 Mn |
| Sep 30, 2023 | 721.14 Mn |
| Jul 1, 2023 | 716.80 Mn |
| Apr 1, 2023 | 610.65 Mn |
| Dec 31, 2022 | 783.64 Mn |
| Sep 24, 2022 | 641.07 Mn |
| Jun 25, 2022 | 698.86 Mn |
| Mar 26, 2022 | 599.73 Mn |
| Dec 25, 2021 | 972.72 Mn |
| Sep 25, 2021 | 639.35 Mn |
| Jun 26, 2021 | 737.27 Mn |