Garmin Q1 2025: record revenue $1.54B (+11% YoY), EPS $1.72, guidance reaffirmed

GARMIN LTD

2025-Q1 EPS reported $1.72 revenue$1,535,099,000

Consolidated revenue of $1.54B (+11% YoY); operating income $333M (+12% YoY) – both first-quarter records.
GAAP diluted EPS $1.72; pro forma diluted EPS $1.61 (+13% YoY).
Segment results: Outdoor +20%, Auto OEM +31%, Fitness +12%, Aviation +3%, Marine –2%.
Full-year EPS guidance maintained (no specific number provided in release).
Gross margin 57.6% vs 58.1% in prior year; operating margin expanded to 21.7% from 21.6%.

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