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

Garmin has disclosed Work In Process across 13 years of filings, most recently posting $253.5 million for Q1 2026.

• Work In Process for Q1 2026 came in at $253.5 million, up 10.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $253.5 million (up 10.19% YoY), and the FY2025 annual result was $259.0 million, up 18.11% from the prior year.
• Work In Process came in at $253.5 million for Q1 2026 at Garmin, down from $259.0 million in the prior quarter.
• In the past five years, Work In Process ranged from a high of $265.4 million in Q2 2025 to a low of $160.9 million in Q4 2023.
• The 5-year median for Work In Process is $206.6 million (2022), against an average of $209.0 million.
• Across the five-year window, Work In Process decreased 16.68% in 2023 and jumped 36.28% in 2024, its largest moves.
• Garmin's 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 retreated by 2.11% to $253.5 million in 2026.
• The last three Work In Process figures came in at $253.5 million (Q1 2026), $259.0 million (Q4 2025), and $246.7 million (Q3 2025), per Business Quant data.