01—History
Deferred Revenue History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $105.6M
3 older moves run past ±50% (largest +4004.4%); point at, tap or drag across the bars to read one.
02—Ledger
Deferred Revenue, period by period
| Period | Scale | 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 |
03—Questions
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.
- Company
- GARMIN LTD
- Ticker
- GRMN
- Sector
- Other
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys