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Garmin (GRMN)
NYSE:GRMN
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Garmin (GRMN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Oct 29, 2025
Before Open (Confirmed)
Period Ending
2025 (Q3)
Consensus EPS Forecast
1.97
Last Year’s EPS
1.99
Same Quarter Last Year
Moderate Sell
Based on 5 Analysts Ratings

Earnings Call Summary

Q2 2025
Earnings Call Date:Jul 30, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call reflects a strong quarter for Garmin Ltd., with record-breaking revenue and growth across all segments. There is significant positive momentum with the update to the full-year guidance and strategic acquisitions. However, increased operating expenses and decreased free cash flow present areas for improvement. Overall, the positive highlights significantly outweigh the lowlights, indicating a robust performance.
Company Guidance
During the Garmin Ltd. Second Quarter 2025 Earnings Call, the company announced an impressive 20% increase in consolidated revenue, reaching over $1.8 billion, a new second-quarter record. Key financial metrics highlighted include a significant expansion in gross and operating margins to 58% and 26%, respectively, resulting in record operating income of $472 million, a 38% year-over-year increase. Pro forma EPS rose 37% to $2.17. The company updated its full-year guidance, projecting revenue of approximately $7.1 billion and pro forma EPS of $8 per share. Each business segment reported double-digit sales growth, with the fitness segment experiencing a remarkable 41% increase in revenue. The outdoor segment saw an 11% rise, while aviation and marine segments reported 14% and 10% growth, respectively. The auto OEM segment posted a 16% revenue increase. Garmin Ltd. also announced the acquisition of MyLabs, aiming to integrate its timing and race management technology with Garmin devices, enhancing the comprehensive experience for its customers.
Record-Breaking Revenue and Growth
Garmin Ltd. delivered another quarter of outstanding financial results with consolidated revenue increasing 20% to exceed $1.8 billion, setting a new second-quarter record. Operating income also reached a record $472 million, up 38% year over year.
Strong Performance Across Segments
Double-digit sales growth was experienced in every business segment, with fitness leading at 41% growth, outdoor at 11%, aviation at 14%, marine at 10%, and auto OEM at 16%.
Notable Acquisitions and Product Innovations
Garmin Ltd. announced the acquisition of MyLabs, enhancing their market in timing and performance analysis. New products like the Forerunner 570, Forerunner 970, Venu X1, and others were launched, contributing to strong financial performance.
Updated Full-Year Guidance
Garmin Ltd. updated its full-year revenue guidance to approximately $7.1 billion and pro forma EPS of $8 per share, reflecting confidence in continued strong performance.

Garmin (GRMN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

GRMN Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Oct 29, 2025
2025 (Q3)
1.97 / -
1.99
Jul 30, 2025
2025 (Q2)
1.90 / 2.17
1.5837.34% (+0.59)
Apr 30, 2025
2025 (Q1)
1.67 / 1.61
1.4213.38% (+0.19)
Feb 19, 2025
2024 (Q4)
2.05 / 2.41
1.7240.12% (+0.69)
Oct 30, 2024
2024 (Q3)
1.45 / 1.99
1.4141.13% (+0.58)
Jul 31, 2024
2024 (Q2)
1.47 / 1.58
1.458.97% (+0.13)
May 01, 2024
2024 (Q1)
1.01 / 1.42
1.0239.22% (+0.40)
Feb 21, 2024
2023 (Q4)
1.40 / 1.72
1.3527.41% (+0.37)
Nov 01, 2023
2023 (Q3)
1.28 / 1.41
1.2413.71% (+0.17)
Aug 02, 2023
2023 (Q2)
1.43 / 1.45
1.440.69% (+0.01)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

GRMN Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 30, 2025
$239.30$221.49-7.44%
Apr 30, 2025
$203.19$186.03-8.45%
Feb 19, 2025
$213.05$239.98+12.64%
Oct 30, 2024
$164.36$202.57+23.25%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Garmin (GRMN) report earnings?
Garmin (GRMN) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).
    What is Garmin (GRMN) earnings time?
    Garmin (GRMN) earnings time is at Oct 29, 2025, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is GRMN EPS forecast?
          GRMN EPS forecast for the fiscal quarter 2025 (Q3) is 1.97.
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