$293.72+21% 1Y

The financials

Garmin by the numbers

Garmin (GRMN) reported revenue of $2.02B in Q2 2026 (quarter ended Jun 27, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 62% and net income of $542M (27% of revenue). For the full year FY2025, revenue was $7.25B (+15% year on year) and net income $1.66B. Its largest segment in Q2 2026 was Fitness at $757M, 37% of the disclosed total, ahead of Outdoor at 24%. The next results filing is expected around Oct 28, 2026, the same week as a year ago.

Garmin income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$2.02B$1.81B+11%
Gross profit$1.26B$1.07B+18%
Operating income$616M$472M+30%
Net income$542M$401M+35%
Diluted EPS$2.80$2.07+35%
Revenue by segment, Q2 2026, as reported to the SEC
OperatingRevenueShare
Fitness$757M37%
Outdoor$483M24%
Marine$341M17%
Aviation$269M13%
Auto Oem$172M8.5%

Business segments

Revenue split by operating segment, from SEC XBRL filings.

Latest period: Jun 2026Total $2.02B (+15%)
Fitness grew +25% year on yearOutdoor -1.6% year on year
  • Fitness$756.8Mquarter on quarter +38%year on year +25%
  • Outdoor$482.7Mquarter on quarter +16%year on year -1.6%
  • Marine$341.4Mquarter on quarter -3.8%year on year +14%
  • Aviation$268.7Mquarter on quarter +1.9%year on year +7.8%
  • Auto Oem$172.4Mquarter on quarter +1.3%year on year +1.3%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Jul 29, 2026, SEC EDGAR
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