Garmin (GRMN) Tax Provisions (2009 - 2026)

Garmin (GRMN) has 17 years of Tax Provisions data on file, last reported at $67.5 million in Q1 2026.

• Quarterly Tax Provisions rose 19.79% year-over-year to $67.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $279.2 million (up 162.02% YoY) and the FY2025 annual result came in at $268.1 million, up 164.55% from the prior year.
• Tax Provisions climbed to $67.5 million in Q1 2026 per GRMN's latest filing, from $24.2 million in the prior quarter.
• The five-year high for Tax Provisions was $108.2 million in Q3 2025, with the low at -$102.2 million in Q4 2024.
• Average Tax Provisions over 5 years is $34.2 million, with a median of $24.3 million recorded in 2022.
• The widest YoY moves for Tax Provisions: up 290.27% in 2024, down 943.64% in 2024.
• Garmin's Tax Provisions stood at $7.2 million in 2022, then soared by 69.03% to $12.1 million in 2023, then sank by 943.64% to -$102.2 million in 2024, then soared by 123.64% to $24.2 million in 2025, then soared by 179.2% to $67.5 million in 2026.
• Business Quant data shows GRMN's Tax Provisions at $67.5 million in Q1 2026, $24.2 million in Q4 2025, and $108.2 million in Q3 2025.