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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |