Garmin GRMN Deferred Revenue
Deferred Revenue at other companies
Other financials
Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.
The official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Garmin's deferred revenue?
- Garmin (GRMN) reported deferred revenue of $100.84M in Q1 2026.
- How has Garmin's deferred revenue changed year-over-year?
- Garmin's deferred revenue decreased by 4.6% year-over-year, from $105.72M to $100.84M.
- What is the long-term trend for Garmin's deferred revenue?
- Over 5 years (2020 to 2025), Garmin's deferred revenue has grown at a 4.0% compound annual growth rate (CAGR), from $86.87M to $105.65M.
- What does deferred revenue mean?
- Money received from customers for products or services that have not yet been delivered.
- How do you interpret deferred revenue?
- An increase indicates strong future demand and growing subscription-based revenue streams.
- How does deferred revenue compare across companies?
- Increasingly important for hardware companies transitioning to software-as-a-service (SaaS) or subscription models.