Garmin (GRMN) Total Liabilities (2009 - 2026)
Garmin (GRMN) recorded Total Liabilities of $2.39 billion in Q2 2026, up 8.9% from $2.2 billion a year earlier and up 42.4% from the prior quarter.
Powered by 
Analysis
Garmin (GRMN) Total Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Garmin reported Total Liabilities of $2.02 billion, up 13.4% from FY2024.
- Annual Total Liabilities has increased for three straight years, with a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- Across earlier years, Total Liabilities came in at $1.78 billion in FY2024 (+12.1%), $1.59 billion in FY2023 (+4.1%), $1.53 billion in FY2022 (-12.3%) and $1.74 billion in FY2021 (+14.8%).
- The Q2 2026 figure is the highest quarterly Total Liabilities in data going back to Q2 2009.
- On a year-over-year basis, Total Liabilities has increased for 11 consecutive quarters, with growth averaging 12.1% over the last eight quarters.
- Peak year-over-year performance for Total Liabilities in the last five years was growth of 18.7% in Q3 2021, against a decline of 12.3% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.68 billion (Q1 2026), $2.02 billion (Q4 2025) and $2.04 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 275.75 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 79.35 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 128.82 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 8.92 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 6.77 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 7.81 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 5.00 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 48.17 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 2.66 Bn |
| 10 | Garmin | 55.35 Bn | 44.71 Bn | 1.26 Bn | 2.39 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 2.39 Bn |
| Mar 28, 2026 | 1.68 Bn |
| Dec 27, 2025 | 2.02 Bn |
| Sep 27, 2025 | 2.04 Bn |
| Jun 28, 2025 | 2.20 Bn |
| Mar 29, 2025 | 1.61 Bn |
| Dec 28, 2024 | 1.78 Bn |
| Sep 28, 2024 | 1.84 Bn |
| Jun 29, 2024 | 1.88 Bn |
| Mar 30, 2024 | 1.39 Bn |
| Dec 30, 2023 | 1.59 Bn |
| Sep 30, 2023 | 1.62 Bn |
| Jul 1, 2023 | 1.75 Bn |
| Apr 1, 2023 | 1.32 Bn |
| Dec 31, 2022 | 1.53 Bn |
| Sep 24, 2022 | 1.75 Bn |
| Jun 25, 2022 | 1.95 Bn |
| Mar 26, 2022 | 1.45 Bn |
| Dec 25, 2021 | 1.74 Bn |
| Sep 25, 2021 | 1.72 Bn |
API Access
Garmin Total Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-liabilities&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-liabilities&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();