Garmin (GRMN) Work In Process (2010 - 2026)

Garmin (GRMN) posted Work In Process of $253.5 million for Q1 2026, down 2.11% sequentially from $259.0 million in Q4 2025, and up 10.19% YoY from $230.1 million in Q1 2025.

Garmin (GRMN) Work In Process (2010 - 2026) Analysis & Trends

Garmin (GRMN) has 13 years of Work In Process data on file, last reported at $253.5 million in Q1 2026.

  • Quarterly Work In Process rose 10.19% year-over-year to $253.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $253.5 million (up 10.19% YoY) and the FY2025 annual result came in at $259.0 million, up 18.11% from the prior year.
  • Work In Process fell to $253.5 million in Q1 2026 per GRMN's latest filing, from $259.0 million in the prior quarter.
  • The five-year high for Work In Process was $265.4 million in Q2 2025, with the low at $160.9 million in Q4 2023.
  • Average Work In Process over 5 years is $209.0 million, with a median of $206.6 million recorded in 2022.
  • Year-over-year, Work In Process fell 16.68% in 2023 and surged 36.28% in 2024.
  • Garmin's Work In Process stood at $180.9 million in 2022, then dropped by 11.03% to $160.9 million in 2023, then soared by 36.28% to $219.3 million in 2024, then advanced by 18.11% to $259.0 million in 2025, then dropped by 2.11% to $253.5 million in 2026.
  • Business Quant data shows GRMN's Work In Process at $253.5 million in Q1 2026, $259.0 million in Q4 2025, and $246.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn
10 Badger Meter 4.28 Bn 4.07 Bn 84.33 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 253.55 Mn
Dec 27, 2025 259.01 Mn
Sep 27, 2025 246.69 Mn
Jun 28, 2025 265.36 Mn
Mar 29, 2025 230.10 Mn
Dec 28, 2024 219.29 Mn
Sep 28, 2024 227.70 Mn
Jun 29, 2024 199.06 Mn
Mar 30, 2024 174.09 Mn
Dec 30, 2023 160.92 Mn
Sep 30, 2023 168.09 Mn
Jul 1, 2023 172.11 Mn
Apr 1, 2023 187.84 Mn
Dec 31, 2022 180.87 Mn
Sep 24, 2022 194.40 Mn
Jun 25, 2022 206.57 Mn
Mar 26, 2022 207.34 Mn
Dec 25, 2021 213.80 Mn
Sep 25, 2021 173.12 Mn
Jun 26, 2021 169.25 Mn