Earnings summaries and quarterly performance for GARMIN.
Executive leadership at GARMIN.
Clifton Pemble
Detailed
President and Chief Executive Officer
CEO
BT
Bradley Trenkle
Detailed
co-Chief Operating Officer
DB
Douglas Boessen
Detailed
Chief Financial Officer and Treasurer
PD
Patrick Desbois
Detailed
co-Chief Operating Officer
PS
Philip Straub
Detailed
Executive Vice President, Managing Director - Aviation
Board of directors at GARMIN.
Research analysts who have asked questions during GARMIN earnings calls.
Benjamin Bollin
Cleveland Research Company
6 questions for GRMN
Also covers: AAPL, ANET, CHKP +2 more
Erik Woodring
Morgan Stanley
6 questions for GRMN
Also covers: AAPL, CDW, CRCT +19 more
Ivan Feinseth
Tigress Financial Partners LLP
5 questions for GRMN
Also covers: BURU, MNTN, OKLO +1 more
JC
Joseph Cardoso
JPMorgan Chase & Co.
5 questions for GRMN
Also covers: AXON, CALX, CIEN +9 more
JL
Jordan Lyonnais
Bank of America
3 questions for GRMN
Also covers: AIN, AXON, CAE +9 more
Noah Zatzkin
KeyBanc Capital Markets
3 questions for GRMN
Also covers: BC, CWH, GOLF +9 more
Tim Long
Barclays
3 questions for GRMN
Also covers: ANET, CIEN, CLS +10 more
DW
Dong Wang
Nomura Instinet
2 questions for GRMN
Also covers: CDW, CLS, CRSR +6 more
JN
Joe Nolan
Longbow Research
2 questions for GRMN
Also covers: PII, VMC
JN
Joseph Nolan
Longbow Research
2 questions for GRMN
Also covers: ALLE, BC, CSL +3 more
David Macgregor
Longbow Research
1 question for GRMN
Also covers: AOS, BECN, CSL +14 more
Ivan Feinset
Tigress Financial Partners
1 question for GRMN
JL
Jordan Linays
Bank of America Corporation
1 question for GRMN
NZ
Noah Zaskin
KeyBanc Capital Markets
1 question for GRMN
Also covers: WGO
NZ
Noah Zetskin
KeyBanc Capital Markets Inc.
1 question for GRMN
RE
Ronald Epstein
Bank of America
1 question for GRMN
Also covers: , AER, AL +26 more
Recent press releases and 8-K filings for GRMN.
Garmin reports Q3 2025 earnings
GRMN
Earnings
Guidance Update
- Consolidated revenue of $1.77 B (+12% y/y), operating income of $457 M (+4% y/y), and operating margin of 25.8%
- Fitness revenue reached $601 M (+30% y/y) with a 32% margin; Outdoor revenue declined to $498 M (–5% y/y); Aviation and Marine grew 18% and 20%, respectively
- Raised full-year 2025 guidance, projecting $7.1 B in revenue, a 25.2% operating margin, and $8.15 in pro forma EPS
- Generated $425 M in free cash flow and held $3.92 B in cash and marketable securities at quarter end
Oct 29, 2025, 2:30 PM
Garmin announces Q3 2025 results
GRMN
Earnings
Guidance Update
Product Launch
- Garmin delivered record Q3 revenue of $1.771 billion, up 12% YoY, with gross margin 59.1%, operating income $457 million, and pro forma EPS of $1.99; it raised full-year revenue guidance to $7.1 billion and pro forma EPS to $8.15.
- Segment performance: Fitness +30% to $601 million; Outdoor –5% to $498 million; Aviation +18% to $240 million; Marine +20% to $267 million; Auto OEM –2% to $165 million. FY growth estimates were revised to +29% (Fitness), +3% (Outdoor), +10% (Aviation), +10% (Marine), and +8% (Auto OEM).
- Launched multiple new products, including Edge 550/850 cycling computers, Bounce 2 kids’ smartwatch, Venu 4, fēnix 8 Pro with micro-LED/cellular inReach, Blaze Equine Wellness System, Force Current kayak motor, expanded Force Kraken lineup, and ECHOMAP Ultra 2 chart plotter.
- Ended the quarter with $3.9 billion in cash and marketable securities, $1.9 billion in inventory, and generated $425 million in free cash flow (capex $60 million). Full-year FCF is expected at $1.3 billion (capex $275 million); Q3 dividends were $173 million and buybacks $36 million.
Oct 29, 2025, 2:30 PM
Garmin reports Q3 2025 results
GRMN
Earnings
Guidance Update
Product Launch
- Consolidated revenue increased 12% to $1.8 billion, with a record operating income of $457 million and pro-forma EPS of $1.99; raised full-year EPS guidance to $8.15.
- Segments: Fitness +30% to $601 million; Outdoor –5% to $498 million; Aviation +18% to $240 million; Marine +20% to $267 million; Auto OEM –2% to $165 million.
- Launched new products including Edge 550/850 cycling computers, Bounce 2 and Venu 4 smartwatches; Phoenix 8 Pro (micro-LED & satellite connectivity), Blaze Equine Wellness, Force Current trolling motor, and EchoMap Ultra 2 chart plotter.
- Ended Q3 with $3.9 billion in cash & marketable securities, generated $425 million in free cash flow, and expects $1.3 billion in full-year free cash flow; paid $173 million in dividends and repurchased $36 million of stock.
Oct 29, 2025, 2:30 PM
Garmin reports Q3 2025 results
GRMN
Earnings
Guidance Update
Product Launch
- Consolidated revenue increased 12% to $1.771 billion, operating income was $457 million, and pro forma EPS was $1.99.
- FY2025 guidance raised: on track for $7.1 billion revenue and pro forma EPS of $8.15.
- Fitness revenue grew 30% to $601 million, marine up 20%, aviation up 18%; outdoor declined 5%, auto OEM declined 2%.
- Ended Q3 with $3.9 billion in cash and marketables, generated $425 million free cash flow, and held $1.9 billion in inventory.
- Launched new products including Edge 550/850 cycling computers, Bounce 2 and Venu 4 smartwatches, Phoenix 8 Pro, and Blaze Equine Wellness System.
Oct 29, 2025, 2:30 PM
Garmin announces Q3 2025 results
GRMN
Earnings
Guidance Update
Product Launch
- Garmin reports record Q3 2025 revenue of $1.77 billion (+12% YoY) and operating income of $457 million (+4% YoY).
- GAAP EPS of $2.08 and pro forma EPS flat at $1.99; raised full-year guidance to revenue of ~$7.10 billion and pro forma EPS of $8.15.
- Strong segment performance: Fitness +30%, Aviation +18%, Marine +20% in Q3 2025.
- Generated $486 million operating cash flow and $425 million free cash flow; repurchased $36 million of shares and ended the quarter with ~$3.9 billion in cash and marketable securities.
- Launched new products including the fēnix 8 Pro series with inReach satellite and cellular connectivity and secured FAA certifications for Autoland and Autothrottle on select King Air 350 aircraft.
Oct 29, 2025, 11:00 AM
Garmin reports Q3 2025 results
GRMN
Earnings
Guidance Update
Share Buyback
- Garmin delivered record third quarter revenue of $1.77 billion (+12% YoY) and record operating income of $457 million (+4% YoY) on 59.1% gross margin and 25.8% operating margin.
- GAAP EPS was $2.08 and pro forma EPS remained flat at $1.99 versus prior year.
- Generated $486 million in operating cash flow and $425 million in free cash flow; repurchased $36 million of shares, paid $173 million in dividends, and ended the quarter with $3.9 billion in cash and marketable securities.
- Raised full‐year 2025 guidance to approximately $7.10 billion in revenue and $8.15 pro forma EPS, based on a 58.5% gross margin and 25.2% operating margin.
Oct 29, 2025, 11:00 AM
Garmin Announces Record Q1 2025 Results & Strong Full-Year Guidance
GRMN
Earnings
Guidance Update
Revenue Acceleration/Inflection
Dividends
- Record Q1 Financial Performance: Garmin posted consolidated revenue of $1.54B with record operating income of $333M and an operating margin of 21.7% ( ).
- Earnings Results: GAAP EPS reached $1.72 (20% y/y growth) while pro forma EPS was $1.61 ( ).
- Updated Full-Year Guidance: Revenue guidance raised to approximately $6.85B with a maintained pro forma EPS target of $7.80, accounting for an estimated $100M tariff cost increase and favorable FX effects ( ).
- Segment Highlights: Q1 growth included 12% in Fitness, 20% in Outdoor, 3% in Aviation, 31% in auto OEM, and a 2% decline in Marine ( ).
- Dividend Recommendation: Garmin proposes a quarterly dividend of $3.60 per share ().
Apr 30, 2025, 2:31 PM
Quarterly earnings call transcripts for GARMIN.
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