Garmin (GRMN) Receivables - Net (2009 - 2026)
Garmin (GRMN) posted Receivables - Net 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 - Net (2009 - 2026) Analysis & Trends
Garmin (GRMN) has 18 years of Receivables - Net data on file, last reported at $941.0 million in Q1 2026.
- Quarterly Receivables - Net 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 27.42% from the prior year.
- Receivables - Net 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 - Net was $1.3 billion in Q4 2025, with the low at $599.7 million in Q1 2022.
- Average Receivables - Net over 5 years is $812.7 million, with a median of $787.1 million recorded in 2025.
- Year-over-year, Receivables - Net slipped 22.12% in 2022 and rose 27.86% in 2024.
- Garmin's Receivables - Net stood at $656.8 million in 2022, then gained by 24.11% to $815.2 million in 2023, then increased by 20.63% to $983.4 million in 2024, then increased by 27.42% to $1.3 billion in 2025, then declined by 24.9% to $941.0 million in 2026.
- Business Quant data shows GRMN's Receivables - Net 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) |
|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 940.96 Mn |
| Mar 28, 2026 | 940.96 Mn |
| Dec 27, 2025 | 1.25 Bn |
| Dec 27, 2025 | 1.25 Bn |
| Sep 27, 2025 | 955.61 Mn |
| Sep 27, 2025 | 955.61 Mn |
| Jun 28, 2025 | 1.01 Bn |
| Jun 28, 2025 | 1.01 Bn |
| Mar 29, 2025 | 787.13 Mn |
| Mar 29, 2025 | 787.13 Mn |
| Dec 28, 2024 | 983.40 Mn |
| Dec 28, 2024 | 983.40 Mn |
| Sep 28, 2024 | 922.03 Mn |
| Sep 28, 2024 | 922.03 Mn |
| Jun 29, 2024 | 808.45 Mn |
| Jun 29, 2024 | 808.45 Mn |
| Mar 30, 2024 | 694.69 Mn |
| Mar 30, 2024 | 694.69 Mn |
| Dec 30, 2023 | 815.24 Mn |
| Dec 30, 2023 | 815.24 Mn |