---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-013147"
form_type: "8-K"
ticker: "GRMN"
cik: "0001121788"
company_name: "GARMIN LTD"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:01:32.177740+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Garmin Q2 revenue $1.24B (-6% YoY), GAAP EPS $1.33 (-19%); Outdoor +18% offsets Fitness -34%

## Summary
- Consolidated revenue $1.24B, down 6% YoY; GAAP diluted EPS $1.33, down 19%.
- Fitness segment revenue $272M, down 34% YoY; Outdoor $382M, up 18%; Aviation $205M, up 13%.
- Pro forma EPS $1.44 (-14%); gross margin 58.7% vs 58.8% last year.
- Currency headwind ~$57M from USD strengthening vs major currencies.
- Launched Forerunner 955 Solar, Edge 1040 Solar, dēzl headset; >25,000 flight deck deliveries.

## SEC filing metadata
- accession: 0000950170-22-013147
- form_type: 8-K
- ticker: GRMN
- cik: 0001121788
- company_name: GARMIN LTD
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1121788/000095017022013147/0000950170-22-013147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1121788/000095017022013147/grmn-20220727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-013147
- JSON: https://secwatch.observer/filing/0000950170-22-013147.json
- Plain text: https://secwatch.observer/filing/0000950170-22-013147.txt

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