Garmin Q2 2025 record revenue $1.81B, +20% YoY; raises full-year guidance

GARMIN LTD

2025-Q2 EPS reported $3.79 revenue$3,349,663,000

GAAP EPS $2.07; pro forma EPS $2.17, up 37% YoY.
Fitness segment revenue $605M (+41% YoY) led new Forerunner launches.
Operating margin expanded to 26.0% from 22.7%; gross margin 58.8%.
Raised full-year 2025 guidance on record first-half results.
Completed strategic acquisition of MYLAPS, a sports timing leader.

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