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GRMN:NYSE
Garmin Ltd
$284.17
-0.18%
(-0.50) 1D
Sep 23, 12:28:28 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for GRMN...
Open
$283.77
High
$286.25
Low
$283.09
Mkt. cap
54.80B
Avg. vol.
855.65K
Volume
168.07K
Dividend
1.48%
Quarterly dividend
$1.05
Ex-dividend date
Mar 12, 2027
P/E ratio
29.31
52-wk high
$314.28
52-wk low
$186.67
EPS
$9.70
Beta
0.85
Shares outstanding
192.85M
No. of employees
23K
Open
$283.77
High
$286.25
Low
$283.09
Mkt. cap
54.80B
Avg. vol.
855.65K
Volume
168.07K
Dividend
1.48%
Quarterly dividend
$1.05
Ex-dividend date
Mar 12, 2027
P/E ratio
29.31
52-wk high
$314.28
52-wk low
$186.67
EPS
$9.70
Beta
0.85
Shares outstanding
192.85M
No. of employees
23K
News stories
From web sources and news partners
Profile
Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets. Garmin was founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas. In 1996, the company established corporate headquarters in Olathe, Kansas. Since 2010, the company has been legally incorporated in Schaffhausen, Switzerland, with principal subsidiaries located in the United States, Taiwan, and the United Kingdom. As of 2025, the company has nearly 23,000 employees in 34 countries and generated US$7.25 billion in revenue. Garmin was initially associated with personal in-car navigation devices, but now offers several product lines across different markets, with an emphasis on smartwatch technology. In 2022, Garmin smartwatches represented the largest market share of the premium smartwatch market, leading to it having the fifth largest share of overall smartwatches sold and the third by revenue. Wikipedia
About Garmin Ltd
CEOClifton A. Pemble
Employees23K
FoundedOct 1989
HeadquartersOlathe, Kansas, United States
SectorHousehold
Website-
Analyst ratings
Based on 5 analysts giving stock ratings to GRMN in the past 3 months
Hold
Buy
1
Hold
4
Sell
0
12-month forecast
Based on 5 Wall Street analysts offering 12 month price targets for GRMN in the last 3 months.
Highest
Current $284.17
$370.00 (+30.20%)
Average
$312.75 (+10.06%)
Lowest
$289.00 (+1.70%)
Analyst
Recommendation
Action
Price target
Projected
Date
Noah Zatzkin
KeyBanc
Hold
Reiterated
-
-
09/02/2026
Ivan Feinseth
Tigress Financial
Buy
Reiterated
$370.00
+30.2%
08/06/2026
Joseph Cardoso
J.P. Morgan
Hold
Reiterated
$295.00
+3.8%
07/30/2026
Erik Woodring
Morgan Stanley
Hold
Maintained
$289.00
+1.7%
07/30/2026
Tim Long
Barclays
Hold
Maintained
$297.00
+4.5%
07/30/2026
Ronald Epstein
Bank of America Securities
Sell
Maintained
$185.00
-34.9%
02/23/2026
Last report
Jul 29, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$2.81 / $2.29
+22.52%beat
Revenue / Est. (USD)
2.02B / 1.94B
+4.42%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
1.77B
2.12B
1.75B
2.02B
Cost of goods sold
724.41M
866.70M
711.20M
760.07M
Cost of revenue
724.41M
866.70M
711.20M
760.07M
Research and development expenses
286.46M
294.98M
295.82M
303.94M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
303.22M
349.12M
314.81M
342.57M
Operating expense
589.68M
644.11M
610.62M
646.51M
Total operating expenses
1.31B
1.51B
1.32B
1.41B
Operating income
456.80M
614.15M
431.66M
615.51M
Other non operating income
598.00K
451.00K
2.09M
-128.00K
EBT including unusual items
509.82M
635.39M
472.53M
651.06M
EBT excluding unusual items
509.82M
635.43M
472.85M
651.06M
Income tax expense
108.20M
106.70M
67.45M
109.14M
Effective tax rate
21.22%
16.79%
14.27%
16.76%
Other operating expenses
-
-
-
-
Net income
401.62M
528.68M
405.08M
541.92M
Net profit margin
22.68%
24.88%
23.10%
26.80%
Earnings per share
1.99
2.79
2.08
2.81
Interest and investment income
32.08M
34.56M
35.97M
38.17M
Interest expense
-
-
-
-
Net interest expenses
32.08M
34.56M
35.97M
38.17M
Depreciation and amortization charges
-
-
-
-
EBITDA
505.91M
660.41M
480.79M
664.36M
Gain or loss from assets sale
25.00K
506.00K
42.00K
13.00K
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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