secwatch.observer — SEC 8-K summary
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Issuer:     GARMIN LTD (GRMN)
CIK:        0001121788
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001193125-26-188907
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1121788/000119312526188907/0001193125-26-188907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1121788/000119312526188907/grmn-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-188907

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer