Garmin reports record Q4 revenue of $2.12B, FY revenue $7.25B; proposes 17% dividend hike and $500M buyback

GARMIN LTD

2025-FY EPS reported $8.59 revenue$7,245,519,000

Q4 2025 revenue $2.12B (+17% YoY); GAAP EPS $2.73, pro forma EPS $2.79 (+16%).
FY 2025 record revenue $7.25B (+15%); operating income $1.88B (+18%); GAAP EPS $8.59 (+18%).
Fitness segment Q4 revenue $766M (+42% YoY); Outdoor flat; Aviation +16%; Marine +18%; Auto OEM -3%.
Proposes 17% increase in dividend; board authorizes new $500M share repurchase program.
All five segments posted record full-year revenue; over 20 million units shipped in FY 2025.

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