Garmin GRMN Standard Product Warranty Accrual
Standard Product Warranty Accrual at other companies
Other financials
Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:ProductWarrantyAccrualClassifiedCurrent.
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 standard product warranty accrual?
- Garmin (GRMN) reported standard product warranty accrual of $70.93M in Q1 2026.
- How has Garmin's standard product warranty accrual changed year-over-year?
- Garmin's standard product warranty accrual increased by 16.0% year-over-year, from $61.14M to $70.93M.
- What is the long-term trend for Garmin's standard product warranty accrual?
- Over 5 years (2020 to 2025), Garmin's standard product warranty accrual has grown at a 11.3% compound annual growth rate (CAGR), from $42.64M to $72.92M.
- What does standard product warranty accrual mean?
- The estimated cost the company expects to pay for future warranty repairs on products sold.
- How do you interpret standard product warranty accrual?
- A rising accrual may signal concerns regarding product quality, while a stable or declining trend suggests consistent product reliability.
- How does standard product warranty accrual compare across companies?
- High relevance for consumer electronics and hardware manufacturers; benchmarked against warranty expense as a percentage of revenue.