Garmin (GRMN) Work In Process (2010 - 2026)
Garmin (GRMN) posted Work In Process of $269.0 million for Q2 2026, up 6.1% sequentially from $253.5 million in Q1 2026, and up 1.38% YoY from $265.4 million in Q2 2025.
Garmin (GRMN) Work In Process (2010 - 2026) Analysis & Trends
Garmin has reported Work In Process for 13 years, with the latest figure at $269.0 million in Q2 2026.
- Quarterly Work In Process rose 1.38% year-over-year to $269.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $269.0 million (up 1.38% YoY) and the FY2025 annual result came in at $259.0 million, up 18.11% from the prior year.
- Work In Process grew to $269.0 million in Q2 2026 per GRMN's latest filing, from $253.5 million in the prior quarter.
- Over five years, Work In Process peaked at $269.0 million in Q2 2026 and troughed at $160.9 million in Q4 2023.
- A 5-year average of $212.3 million and a median of $207.0 million in 2022 frame the typical range for Work In Process.
- The sharpest annual moves came in 2023 and 2024: Work In Process dropped 16.68% in 2023, then soared 36.28% in 2024.
- Over 5 years, Work In Process stood at $180.9 million in 2022, then slipped by 11.03% to $160.9 million in 2023, then surged by 36.28% to $219.3 million in 2024, then gained by 18.11% to $259.0 million in 2025, then rose by 3.87% to $269.0 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $269.0 million, $253.5 million, and $259.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn |
Historic Data
Download 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 |