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
DateValue
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