---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-002334"
form_type: "8-K"
ticker: "GRMN"
cik: "0001121788"
company_name: "GARMIN LTD"
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:17:41.605979+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Garmin Q3 revenue $1.19B (+7% YoY); GAAP EPS $1.34, down 18% YoY; operating income -11%

## Summary
- Revenue $1.19B, +7% YoY; GAAP EPS $1.34 (-18% YoY), pro forma EPS $1.41 (-11%).
- Segment: Marine +25%, Aviation +19%, Auto +7%, Fitness +4%, Outdoor -3%.
- Gross margin 58.4% (down from 60.2%), operating margin 23.7% (down from 28.6%).
- Operating income $283M, -11% YoY despite revenue growth.
- Named Manufacturer of Year by NMEA for 7th year; ranked #1 avionics support for 18th year.

## SEC filing metadata
- accession: 0000950170-21-002334
- form_type: 8-K
- ticker: GRMN
- cik: 0001121788
- company_name: GARMIN LTD
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1121788/000095017021002334/0000950170-21-002334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1121788/000095017021002334/grmn-20211027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-002334
- JSON: https://secwatch.observer/filing/0000950170-21-002334.json
- Plain text: https://secwatch.observer/filing/0000950170-21-002334.txt

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