Garmin (GRMN) Work In Process (2010 - 2026)
Garmin's (GRMN) quarterly Work In Process came in at $269.0 million in Q2 2026, up 1.38% year-over-year from $265.4 million in Q2 2025, and up 6.1% quarter-over-quarter from $253.5 million in Q1 2026.
Analysis
Garmin (GRMN) Work In Process (2010 - 2026) Analysis & Trends
Garmin has disclosed Work In Process across 13 years of filings, most recently posting $269.0 million for Q2 2026.
- In Q2 2026, Work In Process rose 1.38% year-over-year to $269.0 million; the TTM figure through Jun 2026 stood at $269.0 million (up 1.38% YoY), while the FY2025 annual figure was $259.0 million, up 18.11% from the prior year.
- Work In Process came in at $269.0 million for Q2 2026 at Garmin, up from $253.5 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $269.0 million in Q2 2026 to a low of $160.9 million in Q4 2023.
- Average Work In Process over 5 years is $212.3 million, with a median of $207.0 million recorded in 2022.
- Year-over-year, Work In Process slipped 16.68% in 2023 and surged 36.28% in 2024.
- Over 5 years, Work In Process stood at $180.9 million in 2022, then retreated by 11.03% to $160.9 million in 2023, then soared by 36.28% to $219.3 million in 2024, then increased by 18.11% to $259.0 million in 2025, then grew by 3.87% to $269.0 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $269.0 million in Q2 2026, $253.5 million in Q1 2026, and $259.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 269.03 Mn |
| 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 |