Garmin (GRMN) Receivables (2009 - 2026)
Garmin's (GRMN) quarterly Receivables came in at $941.0 million in Q1 2026, up 19.54% year-on-year from $787.1 million in Q1 2025, and down 24.9% quarter-over-quarter from $1.3 billion in Q4 2025.
Garmin (GRMN) Receivables (2009 - 2026) Analysis & Trends
Garmin has disclosed Receivables across 18 years of filings, most recently posting $941.0 million for Q1 2026.
- Receivables for Q1 2026 came in at $941.0 million, up 19.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $941.0 million (up 19.54% YoY), and the FY2025 annual result was $1.3 billion, up 11.61% from the prior year.
- Receivables came in at $941.0 million for Q1 2026 at Garmin, down from $1.3 billion in the prior quarter.
- In the past five years, Receivables ranged from a high of $1.3 billion in Q4 2025 to a low of $599.7 million in Q1 2022.
- The 5-year median for Receivables is $787.1 million (2025), against an average of $836.5 million.
- Across the five-year window, Receivables declined 19.44% in 2022 and advanced 27.86% in 2024, its largest moves.
- Garmin's Receivables stood at $783.6 million in 2022, then rose by 21.56% to $952.6 million in 2023, then advanced by 17.86% to $1.1 billion in 2024, then advanced by 11.61% to $1.3 billion in 2025, then decreased by 24.9% to $941.0 million in 2026.
- The last three Receivables figures came in at $941.0 million (Q1 2026), $1.3 billion (Q4 2025), and $955.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 1.19 Bn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 1.04 Bn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 940.96 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 1.39 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 809.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 796.00 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 617.50 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 187.12 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 360.30 Mn |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 693.20 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 |