Form 8-K · Current Report · Filed 2026-07-29
Garmin Ltd. Reports Record Q2 2026 Results and Raises Full-Year Guidance
Garmin Ltd. announced its financial results for the fiscal second quarter ended June 27, 2026, reporting record consolidated revenue of approximately $2.02 billion, an 11% increase compared to the prior year quarter. The company also reported gross and operating margins of 62.4% and 30.4%, respectively, and record operating income of $616 million, a 30% increase compared to the prior year quarter. Garmin raised its full-year 2026 guidance, anticipating revenue of approximately $8.05 billion and pro forma EPS of $10.00. The company also announced a cash dividend of $4.20 per share, payable in four equal installments.
- Filer
- Garmin Ltd. GRMN · NYSE
- Filed
- Accession
- 0001193125-26-322113
- CIK
- 0001121788
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$253.65
Next session
+17.3%
Since filing
+15.8%
Latest close
$293.78
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Precedent
Previous filings from GRMN reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, GRMN insiders reported 5 Form 4 transactions — net selling of $1.8M.
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.
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