GARMIN LTD Deferred Revenue 2008-2026 | GRMN
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What is deferred revenue?
Deferred revenue represents payments received in advance for goods or services that have not yet been delivered to customers.
What is GARMIN LTD's current deferred revenue?
GARMIN LTD (GRMN) annual deferred revenue for 2025 was $105.6M, a 4.82% decline from 2024. GARMIN LTD deferred revenue for the quarter ending March 28, 2026 was $100.8M.
What was GARMIN LTD's deferred revenue in 2024?
GARMIN LTD annual deferred revenue for 2024 was $111.0M, a 9.69% increase from 2023.
What was GARMIN LTD's deferred revenue in 2023?
GARMIN LTD annual deferred revenue for 2023 was $101.2M, a 11.08% increase from 2022.
What is GARMIN LTD's 5-year deferred revenue CAGR?
GARMIN LTD deferred revenue grew at a compound annual growth rate (CAGR) of 3.99% from FY2020 to FY2025, going from $86.9M to $105.6M over 5 years.
Deferred Revenue History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+4.0%
FY2020
$86.9M
→
FY2025
$105.6M
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5 years selected
Deferred Revenue History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $105.6M | -4.8% | 10-K |
| FY2024 | $111.0M | +9.7% | 10-K |
| FY2023 | $101.2M | +11.1% | 10-K |
| FY2022 | $91.1M | +3.9% | 10-K |
| FY2021 | $87.7M | +0.9% | 10-K |
| FY2020 | $86.9M | -8.1% | 10-K |
| FY2019 | $94.6M | -1.9% | 10-K |
| FY2018 | $96.4M | -6.6% | 10-K |
| FY2017 | $103.1M | -29.6% | 10-K |
| FY2016 | $146.6M | -11.2% | 10-K |
| FY2015 | $165.0M | -19.0% | 10-K |
| FY2014 | $203.6M | -20.8% | 10-K |
| FY2013 | $256.9M | +1.8% | 10-K |
| FY2012 | $252.4M | +33.5% | 10-K |
| FY2011 | $189.0M | +110.7% | 10-K |
| FY2010 | $89.7M | +221.4% | 10-K |
| FY2009 | $27.9M | +4004.4% | 10-K |
| FY2008 | $680,000 | - | 10-K |
Company: GARMIN LTDTicker: GRMNSector: OtherIndustry: Search, Detection, Navigation, Guidance, Aeronautical SysView company profile →