---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-088226"
form_type: "8-K"
ticker: "GRMN"
cik: "0001121788"
company_name: "GARMIN LTD"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:15:55.887641+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Garmin Q2 revenue rises 14% to $1.51B; raises full-year guidance

## Summary
- Consolidated revenue $1.51B (+14% YoY); GAAP EPS $1.56, pro forma EPS $1.58.
- Fitness revenue up 28%, Marine +26%, Auto OEM +41% YoY; Outdoor down 2%.
- Operating income $342M (+20% YoY); gross margin 57.3%, operating margin 22.7%.
- Full-year 2024 guidance raised; shipped one millionth domain controller to Auto OEM.
- Company surpassed 20,000 employees; Garmin Health supported over 1,000 research studies.

## SEC filing metadata
- accession: 0000950170-24-088226
- form_type: 8-K
- ticker: GRMN
- cik: 0001121788
- company_name: GARMIN LTD
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1121788/000095017024088226/0000950170-24-088226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1121788/000095017024088226/grmn-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-088226
- JSON: https://secwatch.observer/filing/0000950170-24-088226.json
- Plain text: https://secwatch.observer/filing/0000950170-24-088226.txt

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