{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-188907","form_type":"8-K","ticker":"GRMN","cik":"0001121788","company_name":"GARMIN LTD","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.977089+00:00","generated_at":"2026-05-15T01:34:26.399281+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Garmin reports record Q1 revenue $1.75B, +14% YoY; operating income $432M, +30%","bullets":["Record Q1 revenue $1.75B, +14% YoY; operating income $432M, +30%; GAAP EPS $2.09, pro forma EPS $2.08 (+29%).","Fitness segment revenue $547M (+42% YoY); Outdoor $418M (-5%); Aviation $264M (+18%); Marine $355M (+11%).","Gross margin expanded to 59.4% from 57.6%; operating margin 24.6% from 21.7%.","Fenix 8 Pro named \"Best Connected Device\" at Mobile World Congress 2026; published inReach SOS report."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-188907","json":"https://secwatch.observer/filing/0001193125-26-188907.json","markdown":"https://secwatch.observer/filing/0001193125-26-188907.md","text":"https://secwatch.observer/filing/0001193125-26-188907.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1121788/000119312526188907/0001193125-26-188907-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1121788/000119312526188907/grmn-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:34:26.399281+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"35c11794417a65acda4868bb4b17c71bdcf8c166","claim":"GARMIN LTD reported first quarter ended March 28, 2026 results: revenue approximately $1.75 billion, EPS $2.09.","evidence_excerpt":"Garmin announces first quarter 2026 results Company reports record first quarter revenue and operating income Schaffhausen, Switzerland / April 29, 2026 / PR Newswire – Garmin ® Ltd. (NYSE: GRMN), today announced results for the first quarter ended March 28, 2026. Highlights for first quarter 2026 include: • Record consolidated revenue of approximately $1.75 billion, a 14% increase compared to the prior year quarter • Gross and operating margins expanded to 59.4% and 24.6% respectively, compared to the prior year quarter • Record operating income of $432 million, a 30% increase compared to the prior year quarter • GAAP EPS of $2.09 and pro forma EPS (1) of $2.08, representing a 29% increase in pro forma EPS compared to the prior year quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1121788/000119312526188907/0001193125-26-188907-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 28, 2026"},{"label":"Revenue","value":"approximately $1.75 billion"},{"label":"EPS","value":"$2.09"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}