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 $52.90BP/E 28.3Yield –
Garmin Contract Deferred Costs by Year
Contract Deferred Costs — Recognized in Cost of Goods Sold During Period ($M)
Garmin Contract Deferred Costs: $71.0M in FY2025, up 15.3% from a year earlier. That is the highest of the 8 years on record here.
Latest, FY2025
71.0
Period ended Dec 31, 2025
Change on a year earlier
+15.3%
61.6 in FY2024
History
8 years
Since FY2018
Sources
7
Documents cited below
Where the FY2025 figure comes from
“Recognition of deferrals in period | ( 334,625 | ) | ( 70,984 | )”
Source: FY2025 Form 10-K (Note 2 - Revenues) ↗
Reported in Form 10-K & Form 10-Q Note — Contract Balances Rollforward.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Contract Deferred Costs — Recognized in Cost of Goods Sold During Period ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 71.0 | +15.3% | FY2025 Form 10-K (Note 2 - Revenues) ↗ |
| FY2024 | Dec 31, 2024 | 61.6 | +184.8% | FY2025 Form 10-K (Note 2 - Revenues) ↗ |
| FY2023 | Dec 31, 2023 | 21.6 | +3.9% | FY2024 Form 10-K (Note 2 - Revenues) ↗ |
| FY2022 | Dec 31, 2022 | 20.8 | -15.7% | FY2023 Form 10-K (Note 2 - Revenues) ↗ |
| FY2021 | Dec 31, 2021 | 24.7 | -17.2% | FY2022 Form 10-K (Note 2 - Revenues) ↗ |
| FY2020 | Dec 31, 2020 | 29.8 | -15.1% | FY2021 Form 10-K (Note 2 - Revenues) ↗ |
| FY2019 | Dec 31, 2019 | 35.1 | -16.3% | FY2020 Form 10-K (Note 2 - Revenues) ↗ |
| FY2018 | Dec 31, 2018 | 41.9 | – | FY2019 Form 10-K (Note 2 - Revenues) ↗ |
Cite this data
StockData. (2026). Garmin Contract Deferred Costs ($M), annual FY2018–FY2025 [Data set]. Compiled from Garmin SEC filings and investor materials. https://stockdatahq.com/stocks/grmn/kpis/def-cost-recognized
See every metric in the Garmin KPI table. Data updated Nov 3, 2026.