Garmin GRMN
NYSE GRMN
$272.37 +0.19 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

Garmin (GRMN) Receivables (2009 - 2026)

Garmin's (GRMN) quarterly Receivables came in at $1.2 billion in Q2 2026, up 14.11% year-over-year from $1.0 billion in Q2 2025, and up 22.56% quarter-over-quarter from $941.0 million in Q1 2026.

Analysis

Garmin (GRMN) Receivables (2009 - 2026) Analysis & Trends

Garmin has disclosed Receivables across 18 years of filings, most recently posting $1.2 billion for Q2 2026.

  • In Q2 2026, Receivables rose 14.11% year-over-year to $1.2 billion; the TTM figure through Jun 2026 stood at $1.2 billion (up 14.11% YoY), while the FY2025 annual figure was $1.3 billion, up 27.42% from the prior year.
  • Receivables came in at $1.2 billion for Q2 2026 at Garmin, up from $941.0 million 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.
  • Average Receivables over 5 years is $831.6 million, with a median of $797.8 million recorded in 2024.
  • Year-over-year, Receivables fell 22.12% in 2022 and climbed 27.86% in 2024.
  • Over 5 years, Receivables stood at $656.8 million in 2022, then grew by 24.11% to $815.2 million in 2023, then advanced by 20.63% to $983.4 million in 2024, then advanced by 27.42% to $1.3 billion in 2025, then declined by 7.96% to $1.2 billion in 2026.
  • Per Business Quant data, the three most recent Receivables figures were $1.2 billion in Q2 2026, $941.0 million in Q1 2026, and $1.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Apple 4,784.34 Bn 4,721.94 Bn 54.77 Bn 58.91 Bn
2 Garmin 52.47 Bn 49.80 Bn 1.26 Bn 1.15 Bn
3 Vuzix 212.26 Mn 194.96 Mn -645,411.00 1.20 Mn
4 Zepp Health 77.84 Mn 8.18 Mn 23.73 Mn 82.59 Mn
5 Foxx Development Holdings 18.87 Mn 15.68 Mn -1.45 Mn 6.17 Mn
6 Wearable Devices 741,166.25 -18.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 1.15 Bn
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 983.40 Mn
Sep 28, 2024 922.03 Mn
Jun 29, 2024 808.45 Mn
Mar 30, 2024 694.69 Mn
Dec 30, 2023 815.24 Mn
Sep 30, 2023 721.14 Mn
Jul 1, 2023 716.80 Mn
Apr 1, 2023 610.65 Mn
Dec 31, 2022 656.85 Mn
Sep 24, 2022 641.07 Mn
Jun 25, 2022 698.86 Mn
Mar 26, 2022 599.73 Mn
Dec 25, 2021 843.45 Mn
Sep 25, 2021 639.35 Mn