secwatch.observer — SEC 8-K summary
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Issuer:     GARMIN LTD (GRMN)
CIK:        0001121788
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0000950170-25-022757
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Garmin posts record FY revenue $6.30B, up 20%; proposes 20% dividend increase
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- Q4 revenue $1.82B (+23% YoY); GAAP EPS $2.25; pro forma EPS $2.41 (+40%).
- FY record revenue $6.30B (+20%); operating income $1.59B (+46%).
- All segments posted record full-year revenue; Fitness +32%, Auto OEM +44%.
- Proposes 20% dividend increase; payable date and record date not yet announced.
- Gross margin expanded to 58.7% from 57.5%; operating margin 25.3% vs 20.9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1121788/000095017025022757/0000950170-25-022757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1121788/000095017025022757/grmn-20250219.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-022757

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