Garmin Ltd
GRMNNYSESearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 26
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Oct 28, 2026Score 22/3010% above fair value
$274.29+1.62 (+0.59%)
Close on Nov 2, 2026Market cap $52.90BP/E 28.3Yield –
Garmin Contract Deferred Costs — Beginning Balance by Year
Contract Deferred Costs — Beginning Balance ($M)
Garmin Contract Deferred Costs — Beginning Balance: $30.9M in FY2025, up 13.0% from a year earlier.
Latest, FY2025
30.9
Period ended Dec 31, 2025
Change on a year earlier
+13.0%
27.4 in FY2024
History
8 years
Since FY2018
Sources
7
Documents cited below
Where the FY2025 figure comes from
“Balance, beginning of period | $ | 139,318 | $ | 30,938”
Source: FY2025 Form 10-K (Note 2 - Revenues) ↗
Reported in Form 10-K & Form 10-Q Note — Contract Balances Rollforward.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Contract Deferred Costs — Beginning Balance ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 30.9 | +13.0% | FY2025 Form 10-K (Note 2 - Revenues) ↗ |
| FY2024 | Dec 31, 2024 | 27.4 | +10.9% | FY2025 Form 10-K (Note 2 - Revenues) ↗ |
| FY2023 | Dec 31, 2023 | 24.7 | -12.8% | FY2024 Form 10-K (Note 2 - Revenues) ↗ |
| FY2022 | Dec 31, 2022 | 28.3 | -22.7% | FY2023 Form 10-K (Note 2 - Revenues) ↗ |
| FY2021 | Dec 31, 2021 | 36.7 | -24.6% | FY2022 Form 10-K (Note 2 - Revenues) ↗ |
| FY2020 | Dec 31, 2020 | 48.6 | -16.1% | FY2021 Form 10-K (Note 2 - Revenues) ↗ |
| FY2019 | Dec 31, 2019 | 57.9 | -8.8% | FY2020 Form 10-K (Note 2 - Revenues) ↗ |
| FY2018 | Dec 31, 2018 | 63.6 | – | FY2019 Form 10-K (Note 2 - Revenues) ↗ |
Cite this data
StockData. (2026). Garmin Contract Deferred Costs — Beginning Balance ($M), annual FY2018–FY2025 [Data set]. Compiled from Garmin SEC filings and investor materials. https://stockdatahq.com/stocks/grmn/kpis/def-cost-beg
See every metric in the Garmin KPI table. Data updated Nov 3, 2026.