Screener
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 source filing: Garmin’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 7:00 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-322114
| Line item | June 27,2026 | December 27,2025 |
|---|---|---|
| Current liabilities: | ||
| Accounts payable | $401,318 | $347,493 |
| Salaries and benefits payable | 201,311 | 228,267 |
| Accrued warranty costs | 71,560 | 72,921 |
| Accrued sales program costs | 118,531 | 153,193 |
| Other accrued expenses | 249,765 | 257,651 |
| Deferred revenue | 106,956 | 105,646 |
| Income taxes payable | 326,081 | 381,549 |
Item 1 - Condensed Consolidated Financial Statements
FAQ
- What is Garmin's standard product warranty accrual?
- Garmin (GRMN) reported standard product warranty accrual of $71.56M in Q2 2026.
- How has Garmin's standard product warranty accrual changed year-over-year?
- Garmin's standard product warranty accrual increased by 0.5% year-over-year, from $71.2M to $71.56M.
- 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?
- This represents the estimated liability for future warranty claims on products already sold to customers. Garmin calculates this based on historical claim rates and expected repair or replacement costs for its hardware devices. It is a critical metric for assessing the long-term quality and reliability of the company's product portfolio.
Ask your AI about Garmin's standard product warranty accrual.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude