---
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"
generated_at: "2026-05-15T01:34:26.399281+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Garmin reports record Q1 revenue $1.75B, +14% YoY; operating income $432M, +30%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-188907
- JSON: https://secwatch.observer/filing/0001193125-26-188907.json
- Plain text: https://secwatch.observer/filing/0001193125-26-188907.txt

## Key facts
- Earnings Releases
  GARMIN LTD reported first quarter ended March 28, 2026 results: revenue approximately $1.75 billion, EPS $2.09.
  - Period: first quarter ended March 28, 2026
  - Revenue: approximately $1.75 billion
  - EPS: $2.09
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1121788/000119312526188907/0001193125-26-188907-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.