Garmin (GRMN) Receivables (2009 - 2026)
Garmin (GRMN) posted Receivables of $1.2 billion for Q2 2026, up 22.56% sequentially from $941.0 million in Q1 2026, and up 14.11% YoY from $1.0 billion in Q2 2025.
Garmin (GRMN) Receivables (2009 - 2026) Analysis & Trends
Garmin has reported Receivables for 18 years, with the latest figure at $1.2 billion in Q2 2026.
- Quarterly Receivables rose 14.11% year-over-year to $1.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.2 billion (up 14.11% YoY) and the FY2025 annual result came in at $1.3 billion, up 27.42% from the prior year.
- Receivables advanced to $1.2 billion in Q2 2026 per GRMN's latest filing, from $941.0 million in the prior quarter.
- Over five years, Receivables peaked at $1.3 billion in Q4 2025 and troughed at $137.3 million in Q4 2023.
- A 5-year average of $794.0 million and a median of $754.1 million in 2023 frame the typical range for Receivables.
- The sharpest annual moves came in 2023 and 2024: Receivables tumbled 79.09% in 2023, then soared 616.05% in 2024.
- Over 5 years, Receivables stood at $656.8 million in 2022, then sank by 79.09% to $137.3 million in 2023, then jumped by 616.05% to $983.4 million in 2024, then grew by 27.42% to $1.3 billion in 2025, then retreated by 7.96% to $1.2 billion in 2026.
- According to Business Quant data, Receivables over the past three periods registered $1.2 billion, $941.0 million, and $1.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 1.15 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 1.02 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 1.34 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 1.36 Bn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 830.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 802.80 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 598.10 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 228.92 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 395.12 Mn |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 737.40 Mn |
Historic Data
Download 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 | 137.34 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 |