Skip to content

Garmin GRMN Change in Inventories

Change in Inventories at other companies

Raytheon Technologies logo
Raytheon TechnologiesRTX
$813M0.0%
Apple logo
AppleAAPL
$873M+236%
Honeywell International logo
Honeywell InternationalHON
$203M+38.1%
Teledyne Technologies logo
Teledyne TechnologiesTDY
$86.7M+159%
Nike logo
NikeNKE
-$281M
General Dynamics logo
General DynamicsGD
-$55M-160%

Other financials

Income statement

See full
Revenue$1.8B+14.2%
Gross profit$1.0B+17.8%
Operating income$431.7M+29.7%
Net income$405.1M+21.7%
EPS (diluted)$2.09+21.5%

Balance sheet

See full
Cash & equivalents$2.3B+5.3%
Total debt$167.6M+19.5%
Total equity$9.3B+13.3%
Total assets$11.0B+11.9%

Cash flow

See full
Operating cash flow$536.0M+27.4%
CapEx$66.6M+66.3%
Free cash flow$469.4M+23.3%

Valuation

See full
Market cap$45.17B+6.9%
Enterprise value$43.04B+7.0%
P/E26×-2.8×
P/S6.1×-0.5×

Profitability

See full
Gross margin59.1%+0.6pp
Operating margin26.5%+1.2pp
Net margin23.3%+0.5pp
FCF margin19.4%+0.6pp

Returns & leverage

See full
Return on equity19.9%+0.9pp
Debt / equity0.0×
Current ratio4.4×+0.3×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInventories.

The official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Garmin's change in inventories.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Garmin's change in inventories?
Garmin (GRMN) reported change in inventories of $95.06M in Q1 2026.
How has Garmin's change in inventories changed year-over-year?
Garmin's change in inventories decreased by 7.0% year-over-year, from $102.24M to $95.06M.
What is the long-term trend for Garmin's change in inventories?
Over 2 years (2021 to 2024), Garmin's change in inventories has grown at a -38.7% compound annual growth rate (CAGR), from $476.45M to $178.82M.
What does change in inventories mean?
The change in the value of unsold goods held by the company.
How do you interpret change in inventories?
A large increase can signal overproduction or slowing sales, while a decrease may indicate strong demand or supply chain constraints.
How does change in inventories compare across companies?
Crucial for hardware manufacturers; peers monitor this closely to optimize supply chain costs.