8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Garmin reports record third-quarter results and raises 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
Garmin reported third-quarter 2026 revenue of $1.99 billion, up 12% year over year, with GAAP diluted EPS of $2.80 and operating income of $612 million, up 34%. Fitness, Outdoor and Marine revenue grew 16%, 20% and 16%, respectively, while Auto OEM revenue fell 20% and posted a $12 million operating loss. Garmin raised its 2026 outlook to approximately $8.15 billion in revenue and $10.80 in pro forma EPS, and said its next $1.05-per-share dividend will be paid December 24, 2026, to shareholders of record December 11.