What is Garmin's accrued income taxes, current?

Garmin (GRMN) reported accrued income taxes, current of $308.3M in Q1 2026.

How has Garmin's accrued income taxes, current changed year-over-year?

Garmin's accrued income taxes, current decreased by 7.2% year-over-year, from $332.22M to $308.3M.

What is the long-term trend for Garmin's accrued income taxes, current?

Over 5 years (2020 to 2025), Garmin's accrued income taxes, current has grown at a 40.9% compound annual growth rate (CAGR), from $68.59M to $381.55M.

Garmin GRMN Accrued Income Taxes, Current

Accrued Income Taxes, Current at other companies

NikeNKE

$275M-62.5%

O'Reilly AutomotiveORLY

$7M-94.9%

Honeywell InternationalHON

——

Marvell Technology, Inc.MRVL

——

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 / equity0×0.0×

Current ratio4.4×+0.3×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:AccruedIncomeTaxesCurrent.

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

Ask your AI about Garmin's accrued income taxes, current.

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

Connect your AI

Claude

Questions, answered.

What is Garmin's accrued income taxes, current?: Garmin (GRMN) reported accrued income taxes, current of $308.3M in Q1 2026.
How has Garmin's accrued income taxes, current changed year-over-year?: Garmin's accrued income taxes, current decreased by 7.2% year-over-year, from $332.22M to $308.3M.
What is the long-term trend for Garmin's accrued income taxes, current?: Over 5 years (2020 to 2025), Garmin's accrued income taxes, current has grown at a 40.9% compound annual growth rate (CAGR), from $68.59M to $381.55M.