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| Date | Value |
|---|---|
| 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 |