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Garmin (GRMN) Tax Provisions: 2009-2025

Historic Tax Provisions for Garmin (GRMN) over the last 14 years, with Sep 2025 value amounting to $108.2 million.

  • Garmin's Tax Provisions rose 24.18% to $108.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $414.0 million, marking a year-over-year increase of 91.95%. This contributed to the annual value of $373.6 million for FY2024, which is 49.18% up from last year.
  • Latest data reveals that Garmin reported Tax Provisions of $108.2 million as of Q3 2025, which was up 36.23% from $79.4 million recorded in Q2 2025.
  • Over the past 5 years, Garmin's Tax Provisions peaked at $179.1 million during Q4 2022, and registered a low of $9.4 million during Q3 2022.
  • Over the past 3 years, Garmin's median Tax Provisions value was $56.3 million (recorded in 2025), while the average stood at $63.6 million.
  • As far as peak fluctuations go, Garmin's Tax Provisions slumped by 93.23% in 2023, and later surged by 1,303.50% in 2024.
  • Garmin's Tax Provisions (Quarterly) stood at $28.1 million in 2021, then skyrocketed by 536.18% to $179.1 million in 2022, then tumbled by 93.23% to $12.1 million in 2023, then soared by 1,303.50% to $170.0 million in 2024, then climbed by 24.18% to $108.2 million in 2025.
  • Its Tax Provisions stands at $108.2 million for Q3 2025, versus $79.4 million for Q2 2025 and $56.3 million for Q1 2025.