Garmin (GRMN) Total Non-Current Liabilities (2009 - 2026)
Garmin's (GRMN) quarterly Total Non-Current Liabilities came in at $2.4 billion in Q2 2026, up 8.92% year-over-year from $2.2 billion in Q2 2025, and up 42.52% quarter-over-quarter from $1.7 billion in Q1 2026.
Analysis
Garmin (GRMN) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
Garmin has disclosed Total Non-Current Liabilities across 17 years of filings, most recently posting $2.4 billion for Q2 2026.
- In Q2 2026, Total Non-Current Liabilities rose 8.92% year-over-year to $2.4 billion; the TTM figure through Jun 2026 stood at $2.4 billion (up 8.92% YoY), while the FY2025 annual figure was $2.0 billion, up 13.66% from the prior year.
- Total Non-Current Liabilities came in at $2.4 billion for Q2 2026 at Garmin, up from $1.7 billion in the prior quarter.
- In the past five years, Total Non-Current Liabilities ranged from a high of $2.4 billion in Q2 2026 to a low of -$6.8 billion in Q4 2023.
- Average Total Non-Current Liabilities over 5 years is $847.8 million, with a median of $1.7 billion recorded in 2022.
- Year-over-year, Total Non-Current Liabilities declined 9.93% in 2023 and surged 125.95% in 2024.
- Over 5 years, Total Non-Current Liabilities stood at -$6.2 billion in 2022, then slipped by 9.93% to -$6.8 billion in 2023, then surged by 125.95% to $1.8 billion in 2024, then climbed by 13.66% to $2.0 billion in 2025, then rose by 18.52% to $2.4 billion in 2026.
- Per Business Quant data, the three most recent Total Non-Current Liabilities figures were $2.4 billion in Q2 2026, $1.7 billion in Q1 2026, and $2.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn | 126.42 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn | 2.39 Bn |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 | - |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn | 374.59 Mn |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn | 36.06 Mn |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - | - |
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 | 1.60 Bn |
| Dec 28, 2024 | 1.78 Bn |
| Sep 28, 2024 | 1.82 Bn |
| Jun 29, 2024 | 1.86 Bn |
| Mar 30, 2024 | 1.37 Bn |
| Dec 30, 2023 | -6.84 Bn |
| Sep 30, 2023 | 1.59 Bn |
| Jul 1, 2023 | 1.71 Bn |
| Apr 1, 2023 | 1.29 Bn |
| Dec 31, 2022 | -6.22 Bn |
| Sep 24, 2022 | 1.70 Bn |
| Jun 25, 2022 | 1.89 Bn |
| Mar 26, 2022 | 1.39 Bn |
| Dec 25, 2021 | -6.16 Bn |
| Sep 25, 2021 | 1.64 Bn |