---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-050880"
form_type: "8-K"
ticker: "GRMN"
cik: "0001121788"
company_name: "GARMIN LTD"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:02:46.514363+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Garmin Q1 2024 revenue $1.38B (+20% YoY), EPS $1.43, record first-quarter revenue in four segments

## Summary
- Consolidated revenue of $1.38B, up 20% YoY; record first-quarter revenue in four segments.
- Gross margin expanded to 58.1% (vs 56.9%); operating income $298M, up 51%.
- GAAP diluted EPS $1.43 (up 36%); pro forma diluted EPS $1.42 (up 39%).
- Segment revenue: Fitness +40%, Auto OEM +58%, Marine +17%, Outdoor +11%, Aviation +2%.

## SEC filing metadata
- accession: 0000950170-24-050880
- form_type: 8-K
- ticker: GRMN
- cik: 0001121788
- company_name: GARMIN LTD
- filed_at: 2024-05-01T23:59:59+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/1121788/000095017024050880/0000950170-24-050880-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1121788/000095017024050880/grmn-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-050880
- JSON: https://secwatch.observer/filing/0000950170-24-050880.json
- Plain text: https://secwatch.observer/filing/0000950170-24-050880.txt

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