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
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