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 $52.90BP/E 28.3Yield –
Garmin Contract Deferred Revenue — Beginning Balance by Quarter
Contract Deferred Revenue — Beginning Balance ($M)
Garmin Contract Deferred Revenue — Beginning Balance: $128M in Q1 2026, down 8.2% from a year earlier.
Latest, Q1 2026
128
Period ended Mar 31, 2026
Change on a year earlier
-8.2%
139 in Q1 2025
History
5 quarters
Since Q1 2022
Sources
5
Documents cited below
Where the Q1 2026 figure comes from
“Balance - beginning of period | $ | 127,923”
Source: 2026Q1 Form 10-Q (Note 2 - Revenues) ↗
Reported in Form 10-K & Form 10-Q Note — Contract Balances Rollforward.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Contract Deferred Revenue — Beginning Balance ($M) | Year on year | Source |
|---|---|---|---|---|
| Q1 2026 | Mar 31, 2026 | 128 | -8.2% | 2026Q1 Form 10-Q (Note 2 - Revenues) ↗ |
| Q1 2025 | Mar 31, 2025 | 139 | +1.4% | 2025Q1 Form 10-Q (Note 2 - Revenues) ↗ |
| Q1 2024 | Mar 31, 2024 | 137 | +8.3% | 2024Q1 Form 10-Q (Note 2 - Revenues) ↗ |
| Q1 2023 | Mar 31, 2023 | 127 | -1.9% | 2023Q1 Form 10-Q (Note 2 - Revenues) ↗ |
| Q1 2022 | Mar 31, 2022 | 129 | – | 2022Q1 Form 10-Q (Note 2 - Revenues) ↗ |
Cite this data
StockData. (2026). Garmin Contract Deferred Revenue — Beginning Balance ($M), quarterly Q1 2022–Q1 2026 [Data set]. Compiled from Garmin SEC filings and investor materials. https://stockdatahq.com/stocks/grmn/kpis/def-rev-beg
See every metric in the Garmin KPI table. Data updated Nov 3, 2026.