GARMIN LTD reported first quarter ended March 28, 2026 results: revenue approximately $1.75 billion, EPS $2.09.
“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”
Bradley C. Trenkle was appointed as co-Chief Operating Officer at GARMIN LTD.
“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.”
Patrick G. Desbois was appointed as co-Chief Operating Officer at GARMIN LTD.
“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.”
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