---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-000552"
form_type: "8-K"
ticker: "GRMN"
cik: "0001121788"
company_name: "GARMIN LTD"
filed_at: "2021-07-28T23:59:59+00:00"
generated_at: "2026-06-30T01:28:57.450027+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Garmin reports record Q2 revenue of $1.33B, +53% YoY; operating income +97%

## Summary
- Total revenue $1.33B, up 53% vs prior year, with double-digit growth in all 5 segments.
- Operating income $371M, up 97%; operating margin improved to 28.0% from 21.7%.
- GAAP EPS $1.64; pro forma EPS $1.68, up 85% YoY.
- Segment growth: Fitness +40%, Outdoor +57%, Aviation +43%, Marine +66%, Auto +74%.
- Launched Venu 2 smartwatches and Descent Mk2S dive computer; Autoland won Collier Trophy.

## SEC filing metadata
- accession: 0000950170-21-000552
- form_type: 8-K
- ticker: GRMN
- cik: 0001121788
- company_name: GARMIN LTD
- filed_at: 2021-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1121788/000095017021000552/0000950170-21-000552-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1121788/000095017021000552/grmn-20210728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-000552
- JSON: https://secwatch.observer/filing/0000950170-21-000552.json
- Plain text: https://secwatch.observer/filing/0000950170-21-000552.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.