Form 8-K · Current Report · Filed 2026-04-29
Garmin Ltd. Reports Record First Quarter 2026 Financial Results
Garmin Ltd. announced record financial results for the first quarter of 2026, with consolidated revenue of approximately $1.75 billion, a 14% increase from the prior year. The company reported record operating income of $432 million, a 30% increase, and GAAP EPS of $2.09, a 22% increase. All segments saw growth, with the fitness segment leading at 42% revenue growth. Garmin maintained its fiscal year 2026 guidance of approximately $7.9 billion in revenue and pro forma EPS of $9.35.
- Filer
- Garmin Ltd. GRMN · NYSE
- Filed
- Accession
- 0001193125-26-188907
- CIK
- 0001121788
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
About Garmin Ltd.
Garmin Ltd. is a global leader in the design and manufacture of navigation, communication, and information devices. Primarily recognized for its GPS technology, Garmin’s offerings span various sectors, including aviation, marine, automotive, fitness, and outdoor recreation. The company's products cater to diverse customers by providing innovative solutions like satellite navigation systems for cars, wearable fitness trackers for health enthusiasts, fish finders for marine applications, and avionics for aircraft. Founded in 1989 and headquartered in Switzerland, Garmin's commitment to highly precise and user-friendly products has cemented its role in enhancing personal navigation and fitness monitoring. Its influence extends across sectors by not only improving safety and efficiency but also by promoting active lifestyles globally. Garmin's strategic integration of advanced technology with practical applications makes it a pivotal player in both consumer electronics and professional device markets.
Get alerted the next time Garmin Ltd. files
Profitelligence watches EDGAR around the clock and alerts you within seconds.