GARMIN LTD (GRMN) Form 8-K — Jul 29, 2026
Garmin Ltd. reported record financial results for the second quarter of 2026, achieving consolidated revenue of approximately $2.02 billion, an 11% increase year-over-year. The company also generated a record operating income of $616 million, up 30%, with GAAP diluted EPS rising 35% to $2.80 driven by robust margin expansion and segment growth. Based on the strong first-half performance, Garmin raised its full-year 2026 guidance to anticipate revenue of approximately $8.05 billion and pro forma EPS of $10.00.
Key figures
- Eps
- 2.8
- Revenue
- 2.02 billion
- Guidance
- Revenue ~$8.05B; Pro Forma EPS ~$10.00
- Net Income
- 541.9 million
- Revenue Yoy
- 11%
- Gross Margin
- 62.4%
- Cash Position
- 4.4 billion
- Operating Income
- 616 million
- Pro Forma EPS
- 2.81
- Dividend Payment Q2
- 202 million
- Share Repurchases Q2
- 43 million
- Remaining Authorization
- 448 million
Price after filing
Close on the filing date to close N calendar days later (from $242.47). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.