Highest-materiality recent filing
Garmin Q2 2026: record revenue $2.02B, EPS $2.80, raises full-year guidance
Record revenue $2.02B (+11% YoY); operating income $616M (+30%); GAAP EPS $2.80, pro forma $2.81.
Garmin shareholders approve $4.20/share dividend payable in four quarterly installments
Cash dividend of $4.20 per share approved in four equal $1.05 installments.
Garmin reports record Q1 revenue $1.75B, +14% YoY; operating income $432M, +30%
Record Q1 revenue $1.75B, +14% YoY; operating income $432M, +30%; GAAP EPS $2.09, pro forma EPS $2.08 (+29%).
Q4 2025 revenue $2.12B (+17% YoY); GAAP EPS $2.73, pro forma EPS $2.79 (+16%).
Garmin Q3 record revenue $1.8B (+12% YoY); raises full-year EPS guidance
GAAP diluted EPS $2.08, pro forma $1.99 (flat vs Q3 2024); full-year EPS guidance raised.
Garmin Q2 2025 record revenue $1.81B, +20% YoY; raises full-year guidance
GAAP EPS $2.07; pro forma EPS $2.17, up 37% YoY.
Garmin shareholders approve $3.60 annual dividend; first $0.90 installment due June 27
Dividend of $3.60 per share approved, payable in four $0.90 quarterly installments.
Garmin Q1 2025: record revenue $1.54B (+11% YoY), EPS $1.72, guidance reaffirmed
Consolidated revenue of $1.54B (+11% YoY); operating income $333M (+12% YoY) – both first-quarter records.
Garmin Q1 record revenue $1.54B (+11% YoY); GAAP EPS $1.72, pro forma EPS $1.61 (+13%)
Record revenue $1.54B (+11% YoY) driven by 20% Outdoor growth and 31% Auto OEM growth.
Garmin posts record FY revenue $6.30B, up 20%; proposes 20% dividend increase
Q4 revenue $1.82B (+23% YoY); GAAP EPS $2.25; pro forma EPS $2.41 (+40%).
Garmin reports Q3 record revenue $1.59B (+24%), raises full-year guidance
Revenue $1.59B, +24% YoY; operating income $437M, +62% YoY; GAAP EPS $2.07, pro forma EPS $1.99.
Garmin Q2 revenue rises 14% to $1.51B; raises full-year guidance
Consolidated revenue $1.51B (+14% YoY); GAAP EPS $1.56, pro forma EPS $1.58.
Garmin appoints Patrick Desbois and Brad Trenkle as co-COOs effective July 1, 2024
Desbois to oversee aviation, auto OEM, supply chain, IT, HR; Trenkle to oversee consumer segments, engineering, global sales/marketing.
Garmin shareholders approve $0.75 quarterly dividend through March 2025
Shareholders approved $3.00 per share cash dividend in four equal quarterly installments of $0.75.
Garmin Q1 2024 revenue $1.38B (+20% YoY), EPS $1.43, record first-quarter revenue in four segments
Consolidated revenue of $1.38B, up 20% YoY; record first-quarter revenue in four segments.
Garmin General Counsel Andrew Etkind steps down; Joshua Maxfield appointed
Andrew R. Etkind to step down as General Counsel effective July 1, 2024, remains VP and Secretary.
Garmin reports record FY revenue $5.23B (+8% YoY); Q4 EPS $2.82
Q4 revenue $1.48B (+13% YoY); GAAP EPS $2.82, pro forma EPS $1.72 (+27%).
Garmin Q3 2023 revenue $1.28B (+12%), operating income $270M (+13%)
Consolidated revenue $1.28B, up 12% YoY; operating income $270M, up 13%.
Garmin Q2 revenue up 6% to $1.32B; GAAP EPS $1.50, pro forma $1.45
Consolidated revenue $1.32B (+6% YoY); operating income $284M (-3% YoY).
Dividend of $0.73 per share quarterly; first installment payable June 30, 2023 to holders of record June 20, 2023.
Garmin Q1 revenue $1.15B, down 2%; GAAP EPS $1.05; Outdoor segment down 27% YoY
Revenue $1.15B, down 2% YoY; GAAP EPS $1.05, pro forma EPS $1.02.
Garmin announces Q4/FY 2022 results; specific figures not provided in filing text
Garmin Ltd. issued a press release on February 22, 2023, covering Q4 and full-year 2022 financial results.
Garmin Q3 revenue $1.14B (-4% YoY), GAAP EPS $1.09; raises 2022 EPS guidance
Revenue $1.14B, down 4% YoY; gross margin 58.8%, operating margin 21.0%.
Garmin Q2 revenue $1.24B (-6% YoY), GAAP EPS $1.33 (-19%); Outdoor +18% offsets Fitness -34%
Consolidated revenue $1.24B, down 6% YoY; GAAP diluted EPS $1.33, down 19%.
Garmin shareholders approve $2.92 annual dividend; equity plan expanded
Shareholders approved $2.92/share dividend in four $0.73 quarterly installments from June 2022 to March 2023.
Garmin Q1 revenue record $1.17B (+9%), EPS down 4%; authorizes $300M buyback
Record Q1 revenue of $1.17B (+9% YoY); GAAP EPS $1.09 (-4%), pro forma EPS $1.11 (-6%).
Garmin Q1 revenue $1.17B record (+9% YoY); EPS $1.09 down 4%; authorizes $300M buyback
GAAP diluted EPS of $1.09 vs $1.14 last year, down 4%; pro forma EPS $1.11 vs $1.18.
Garmin reports record FY2021 revenue $4.98B, Q4 EPS $1.48; proposes dividend increase
Q4 consolidated revenue $1.39B (+3% YoY); GAAP EPS $1.48 (down 14% YoY); pro forma EPS $1.55.
Garmin to transfer stock listing from Nasdaq to NYSE effective December 7, 2021
Garmin will voluntarily delist from Nasdaq at close on Dec 6, 2021, and start trading on NYSE on Dec 7, 2021.
Garmin Q3 revenue $1.19B (+7% YoY); GAAP EPS $1.34, down 18% YoY; operating income -11%
Revenue $1.19B, +7% YoY; GAAP EPS $1.34 (-18% YoY), pro forma EPS $1.41 (-11%).
Garmin reports record Q2 revenue of $1.33B, +53% YoY; operating income +97%
Total revenue $1.33B, up 53% vs prior year, with double-digit growth in all 5 segments.
On June 24, 2024, Garmin Ltd. (the “Company” or “Garmin”) announced that Patrick G. Desbois, age 56, and Bradley C. Trenkle, age 44, have been appointed as co-Chief Operating Officers of the Company, effective July 1, 2024.
On June 24, 2024, Garmin Ltd. (the “Company” or “Garmin”) announced that Patrick G. Desbois, age 56, and Bradley C. Trenkle, age 44, have been appointed as co-Chief Operating Officers of the Company, effective July 1, 2024.
On April 2, 2024, Andrew R. Etkind informed the Garmin Ltd. Board of Directors of his intention to step down from the role of General Counsel effective July 1, 2024.
Joshua H. Maxfield assuming the role of Vice President, General Counsel and Assistant Secretary.
Max materiality 0.90 · Median 0.70 · Most common event earnings