Get the app
USTechnology

Garmin Ltd (GRMN)

US · Technology · Scientific & Technical Instruments

$275.35-0.57%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$2.02B
Revenue YoY
+11.4%
Net profit
$541.9M
Profit YoY
+35.2%
EPS
$2.81
EPS estimate
$2.27
Net margin
26.8%

EPS came in at 2.81 against a street estimate of 2.27 — a beat of 23.8%.

Key statistics

Market cap
$54.51B
P/E
29.1
Forward P/E
24.6
P/B
6.04
Book value
$46.80
EPS (TTM)
$9.70
Dividend yield
1.55%
52-week high
$313.07
52-week low
$183.64
50-day MA
$275.73
200-day MA
$240.09
Beta
0.87

Analyst view

Analysts rate Garmin Ltd a hold (2 buy, 5 hold, 3 sell out of 10) with an average price target of $290.29.

From the latest earnings call · 2026-07-29

CONFIDENT Garmin posted record Q2 results with 11% revenue growth and 30% operating income growth. Raised full-year guidance on strong fitness demand and margin expansion. Expecting H2 slowdown in auto OEM ahead of 2027 Mercedes launch. Q2 2026 All regions grew double-digit or strong single-digit. EMEA led expansion. Analysts probed margin sustainability (mix composition), Auto OEM timing (H2 decline expected, Mercedes 2027 recovery), and Circa demand (sold out, 5–8 week wait exceeding expectations). Management emphasized playbook resilience, mix-driven margins, and on-track preparation for next OEM cycle. 2026-07-29…

Full summary in the app.

Shareholding

Insiders
14.70%
Institutions
58.40%

Largest institutional holders

FundStake
BlackRock Inc8.00%
Vanguard Capital Management, LLC5.51%
Vanguard Portfolio Management, LLC4.08%
State Street Corp3.55%
Artisan Partners Limited Partnership2.74%
Geode Capital Management, LLC2.28%
FMR Inc1.12%
NORGES BANK1.03%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
GARMIN LTD. - FORM 10-Q SUMMARY Quarter Ended June 27, 2026 --- HEADLINE NUMBERS • Net sales (13 weeks): $2,022,092 thousand, up 11.4% vs. $1,814,5
2026-07-29
Results announced · Q3 2026
GARMIN LTD. – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Record consolidated revenue of $2.02 billion in Q2 2026, up 11% year-over-year • Record op
2026-07-29
Shareholder vote results · Q2 2026
GARMIN LTD. – SHAREHOLDER MEETING SUMMARY (June 5, 2026) HEADLINE NUMBERS • Annual cash dividend approved: $4.20 per share, paid in four equal quart
2026-06-08
Quarterly report · Q1 2026
GARMIN LTD. - Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Net sales: $1,753,489 thousand (Q1 2026) vs. $1,535,099 thousand (Q1 2025) — +14.2% increase •
2026-04-29
Results announced · Q2 2026
GARMIN Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Record consolidated revenue: $1,753.5 million, up 14% year-over-year (prior year: $1,535.1 millio
2026-04-29
Proxy statement · Q2 2026
GARMIN LTD. PROXY STATEMENT SUMMARY CEO TOTAL COMPENSATION • CEO Clifton A. Pemble's 2025 compensation totals not explicitly stated in excerpt provi
2026-04-22
Annual report FY2025
GARMIN LTD – 2025 FORM 10-K SUMMARY FOR RETAIL INVESTORS --- HEADLINE NUMBERS • Fiscal Year Ended: December 27, 2025 • Market Capitalization (as of
2026-02-18
Results announced · Q1 2026
GARMIN LTD. - FISCAL YEAR 2025 RESULTS SUMMARY HEADLINE NUMBERS • Full-year 2025 revenue: $7.25 billion (15% increase vs 2024's $6.30 billion) • Ful
2026-02-18

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$1.05 / share
ex-date Mar 12, 2027 · pay Mar 26, 2027
2027-03-12
Dividend$1.05 / share
ex-date Dec 11, 2026 · pay Dec 24, 2026
2026-12-11
Dividend$1.05 / share
ex-date Sep 11, 2026 · pay Sep 25, 2026
2026-09-11
Dividend$1.05 / share
ex-date Jun 15, 2026 · pay Jun 26, 2026
2026-06-15
Dividend$0.90 / share
ex-date Mar 13, 2026 · pay Mar 27, 2026
2026-03-13
Dividend$0.90 / share
ex-date Dec 12, 2025 · pay Dec 26, 2025
2025-12-12

Deals & corporate news

AnnouncementDate
Record Q2 results reported; full year guidance raised
Garmin reported record second quarter 2026 results with strong financial performance across most business segments. Revenue reached $2.02 billion, up 11% year-over-year, while operating inco
2026-07-29
Shareholders approve quarterly dividend of $4.20 per share through 2027
Garmin shareholders approved a quarterly dividend of $4.20 per share to be paid in four equal installments ($1.05 each) from June 2026 through March 2027. The first payment of $1.05 per shar
2026-06-08
17% dividend increase and $500M share repurchase program announced
Garmin reported record-breaking financial results for fiscal year 2025. The company achieved $7.25 billion in annual revenue (15% increase) and $7.245 billion in Q4 revenue (17% increase), w
2026-02-18
Q3 record revenue and operating income; raises full year EPS guidance
Garmin reported strong third quarter 2025 results with record revenue of $1.8 billion (up 12% year-over-year) and record operating income of $457 million (up 4%). The company maintains healt
2025-10-29

See the full picture

Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Garmin Ltd — free to start.

Google PlayApp Store

Other Technology companies

Data updated 2026-09-18.