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Garmin (GRMN) Tax Provisions (2017 - 2026)

Garmin's Tax Provisions history spans 17 years, with the latest figure at $67.5 million for Q1 2026.

  • On a quarterly basis, Tax Provisions rose 19.79% to $67.5 million in Q1 2026 year-over-year; TTM through Mar 2026 was $279.2 million, a 162.02% increase, with the full-year FY2025 number at $268.1 million, up 164.55% from a year prior.
  • Tax Provisions hit $67.5 million in Q1 2026 for Garmin, up from $24.2 million in the prior quarter.
  • Over the last five years, Tax Provisions for GRMN hit a ceiling of $108.2 million in Q3 2025 and a floor of -$102.2 million in Q4 2024.
  • Historically, Tax Provisions has averaged $34.2 million across 5 years, with a median of $24.3 million in 2022.
  • The widest YoY moves for Tax Provisions: up 290.27% in 2024, down 943.64% in 2024.
  • Tracing GRMN's Tax Provisions over 5 years: stood at $7.2 million in 2022, then skyrocketed by 69.03% to $12.1 million in 2023, then plummeted by 943.64% to -$102.2 million in 2024, then skyrocketed by 123.64% to $24.2 million in 2025, then skyrocketed by 179.2% to $67.5 million in 2026.
  • Business Quant data shows Tax Provisions for GRMN at $67.5 million in Q1 2026, $24.2 million in Q4 2025, and $108.2 million in Q3 2025.