Garmin (GRMN) Work In Process (2009 - 2026)
Garmin (GRMN) reported Work In Process of $305.96 million for Q3 2026, up 24.0% from $246.69 million a year earlier and up 13.7% from the prior quarter.
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Analysis
Garmin (GRMN) Work In Process (2009 - 2026) Analysis & Trends
At the end of FY2025, Garmin posted Work In Process of $259.01 million, up 18.1% from FY2024.
- Work In Process has a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- By year, Work In Process came in at $219.29 million in FY2024 (+36.3%), $160.92 million in FY2023 (-11.0%), $180.87 million in FY2022 (-15.4%) and $213.8 million in FY2021 (+44.6%).
- The Q3 2026 figure ranks as the highest quarterly Work In Process in data going back to Q4 2010.
- Year over year, Work In Process has now increased in each of the last ten quarters, with growth averaging 20.5% over the last eight quarters.
- The high point for year-over-year Work In Process in five years was Q4 2021 (growth of 44.6%); the low point was Q2 2023 (a decline of 16.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $269.03 million (Q2 2026), $253.55 million (Q1 2026) and $259.01 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,064.64 Bn | 4,810.10 Bn | 54.82 Bn |
| 2 | Cisco Systems | 387.30 Bn | 323.23 Bn | 11.06 Bn |
| 3 | Arista Networks | 233.88 Bn | 183.08 Bn | 2.33 Bn |
| 4 | Dell Technologies | 213.96 Bn | 169.72 Bn | 9.83 Bn |
| 5 | Sony | 164.26 Bn | 101.68 Bn | 7.96 Bn |
| 6 | Sandisk | 123.84 Bn | 108.67 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 115.23 Bn | 110.07 Bn | 2.43 Bn |
| 8 | Western Digital | 108.25 Bn | 98.08 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 63.71 Bn | 41.65 Bn | 4.93 Bn |
| 10 | Garmin | 55.63 Bn | 45.19 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 305.96 Mn |
| 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 |
API Access
Garmin Work In Process 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=work-in-process&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();