Garmin (GRMN) Tax Provisions (2009 - 2026)

Garmin has disclosed Tax Provisions across 17 years of filings, most recently posting $109.1 million for Q2 2026.

• In Q2 2026, Tax Provisions rose 37.41% year-over-year to $109.1 million; the TTM figure through Jun 2026 stood at $391.5 million (changed 0.36% YoY), while the FY2025 annual figure was $350.6 million, down 6.15% from the prior year.
• Tax Provisions came in at $109.1 million for Q2 2026 at Garmin, up from $67.5 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $170.0 million in Q4 2024 to a low of $7.2 million in Q4 2022.
• Average Tax Provisions over 5 years is $58.0 million, with a median of $53.7 million recorded in 2024.
• Year-over-year, Tax Provisions sank 95.27% in 2022 and soared 1303.5% in 2024.
• Over 5 years, Tax Provisions stood at $7.2 million in 2022, then soared by 69.03% to $12.1 million in 2023, then soared by 1303.5% to $170.0 million in 2024, then tumbled by 37.25% to $106.7 million in 2025, then advanced by 2.28% to $109.1 million in 2026.
• Per Business Quant data, the three most recent Tax Provisions figures were $109.1 million in Q2 2026, $67.5 million in Q1 2026, and $106.7 million in Q4 2025.