G

    Garmin Ltd (GRMN)

    Official site

    TECHNOLOGY • SCIENTIFIC & TECHNICAL INSTRUMENTS • NYSE

    $284.07
    -1.12 (-0.39%)

    Market Cap: $55.00B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    95%(38/40)
    Avg Surprise
    +20.10%
    Streak
    5 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$2.38
    Range$2.28 - $2.54
    7 analysts
    EPS RevisionsNo revisions (7d)
    5
    2
    30d
    EPS Estimate Drift
    90d ago$2.33-2.2%
    60d ago$2.34-1.6%
    30d ago$2.34-1.6%
    7d ago$2.35-1.1%
    Current$2.38
    Revenue Consensus
    $2.0B
    Range$1.9B - $2.0B
    5 analysts
    Dec 31, 2026
    EPS Consensus$3.59
    Range$3.49 - $3.87
    7 analysts
    Revenue Consensus
    $2.5B
    Range$2.4B - $2.6B
    6 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$3.59---
    Sep 26EST
    		-$2.38---
    Jun 26
    		$2.81$2.27+23.79%Beat+29.5%
    Mar 26
    		$2.08$1.84+13.04%Beat+29.2%
    Dec 25
    		$2.79$2.39+16.74%Beat+15.8%
    Sep 25
    		$1.99$1.99+0.00%Beat+0.0%
    Jun 25
    		$2.17$1.90+14.21%Beat+37.3%
    Mar 25
    		$1.61$1.68-4.17%Miss+13.4%
    Dec 24
    		$2.41$2.02+19.24%Beat+40.1%
    Sep 24
    		$1.99$1.44+38.19%Beat+41.1%
    Jun 24
    		$1.58$1.44+9.72%Beat+9.0%
    Mar 24
    		$1.42$1.01+40.59%Beat+39.2%
    Dec 23
    		$1.72$1.40+22.86%Beat+27.4%
    Sep 23
    		$1.41$1.28+10.16%Beat+13.7%
    Jun 23
    		$1.45$1.42+2.11%Beat+0.7%
    Mar 23
    		$1.02$1.03-0.97%Miss-8.1%
    Dec 22
    		$1.35$1.16+16.38%Beat-12.9%
    Sep 22
    		$1.24$1.12+10.71%Beat-12.1%
    Jun 22
    		$1.44$1.43+0.70%Beat-14.3%
    Mar 22
    		$1.11$1.10+0.91%Beat-5.9%
    Dec 21
    		$1.55$1.43+8.39%Beat-10.4%
    Sep 21
    		$1.41$1.27+11.02%Beat-10.8%
    Jun 21
    		$1.68$1.25+34.40%Beat+84.6%
    Mar 21
    		$1.18$0.90+31.11%Beat+29.7%
    Dec 20
    		$1.73$1.39+24.46%Beat+34.1%
    Sep 20
    		$1.58$1.00+58.00%Beat+24.4%
    Jun 20
    		$0.91$0.41+121.95%Beat-21.6%
    Mar 20
    		$0.91$0.84+8.33%Beat+24.7%
    Dec 19
    		$1.29$1.05+22.86%Beat+26.5%
    Sep 19
    		$1.27$0.97+30.93%Beat+27.0%
    Jun 19
    		$1.16$1.01+14.85%Beat+17.2%
    Mar 19
    		$0.73$0.71+2.82%Beat+7.4%
    Dec 18
    		$1.02$0.80+27.50%Beat+29.1%
    Sep 18
    		$1.00$0.77+29.87%Beat+33.3%
    Jun 18
    		$0.99$0.87+13.79%Beat+12.5%
    Mar 18
    		$0.68$0.57+19.30%Beat+30.8%
    Dec 17
    		$0.79$0.75+5.33%Beat+8.2%
    Sep 17
    		$0.75$0.66+13.64%Beat+0.0%
    Jun 17
    		$0.88$0.81+8.64%Beat-
    Mar 17
    		$0.52$0.45+15.56%Beat-
    Dec 16
    		$0.73$0.57+28.07%Beat-
    Sep 16
    		$0.75$0.54+38.89%Beat-

    Dividends

    Dividend Metrics

    Yield1.32%
    Annual/Share$3.75
    Payout Ratio38.52%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+6.45%
    5Y CAGR+7.53%
    View GRMN's full dividend history

    Key Metrics

    Valuation
    P/E Ratio29.38EV/EBITDA23.11x
    Price/FCF34.24xFCF Yield2.92%
    Profitability
    Profit Margin24.50%Operating Margin30.40%
    ROE21.90%ROICN/A
    Financial Health
    Debt/EquityN/AInterest CoverageN/A
    Current Ratio3.03xQuick Ratio2.08x
    Trading Statistics
    Beta0.87Avg Volume863.18K
    52-Week High$314.2852-Week Low$184.35

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$290.89
    SMA 20$299.70
    SMA 50$269.36
    SMA 200$235.58
    EMA 10$290.83
    EMA 20$290.35
    EMA 50$275.97
    EMA 200$246.13

    MACD

    Line: 3.84Signal: 8.08Hist: -4.24

    ADX

    ADX: 29.3+DI: 21.4-DI: 22.7

    Aroon & PSAR

    Aroon Up40.0
    Aroon DownN/A
    PSAR$299.61

    Bollinger Bands

    Upper Band$319.46
    Lower Band$279.94
    %B Position1319%(Upper)
    Band Width0.10

    RSI (14-Day)

    Neutral
    46.7

    Momentum Oscillators

    Stoch %K7.0
    Stoch %D9.0
    Williams %R-94.9
    ROC (10d)-7.6%
    Momentum-23.43
    CCI (20d)-129.7
    MFI (14d)10.0

    Volatility Measures

    ATR (14d)$7.29(2.6%)
    StdDev (20d)9.88
    Hist Vol20.1%(Moderate)

    Volume Flow

    VWAP$284.32
    OBV28.1M
    AD Line-375.8M
    CMF (20d)-0.284

    Volume Metrics

    Avg Vol (20d)861.0K
    Vol Ratio1.5x(High)
    VWMA (20d)$298.49

    Pivot Points

    R3$296.23
    R2$293.86
    R1$289.53
    Pivot Point$287.16
    S1$282.83
    S2$280.46
    S3$276.13

    Advanced Oscillators

    TSI13.97
    Ultimate Osc35.0
    KST113.20

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$2.02B$1.75B$2.12B$1.77B$1.81B$1.54B$1.82B$1.59B$1.51B$1.38B$1.48B$1.28B
    Cost of Revenue$760.07M$711.20M$866.70M$724.41M$747.55M$650.55M$742.63M$634.42M$643.78M$579.51M$618.35M$548.96M
    Gross Profit$1.26B$1.04B$1.26B$1.05B$1.07B$884.54M$1.08B$951.60M$862.89M$802.14M$864.15M$728.57M
    Operating Expenses$646.51M$610.62M$644.11M$589.68M$594.72M$551.72M$563.84M$514.12M$520.86M$503.73M$523.70M$458.20M
    R&D$303.94M$295.82M$294.98M$286.46M$276.66M$268.12M$258.75M$249.16M$243.15M$242.53M$237.25M$221.57M
    SG&A$342.57M$314.81M$349.12M$303.22M$318.05M$283.60M$305.09M$264.96M$277.71M$261.19M$286.45M$236.63M
    Operating Income$615.51M$431.67M$614.15M$456.80M$472.30M$332.82M$516.08M$437.48M$342.03M$298.41M$340.45M$270.37M
    Interest Income$38.17M$35.97M$34.56M$32.09M$31.72M$30.51M$30.38M$28.83M$29.29M$25.03M$22.84M$19.80M
    Interest Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Income Before Tax$651.06M$472.53M$635.39M$509.82M$480.25M$389.08M$516.14M$486.25M$365.97M$327.04M$383.04M$279.57M
    Income Tax Expense$109.14M$67.45M$106.70M$108.20M$79.43M$56.31M$80.41M$87.14M$65.34M$51.08M$-159,090,000$22.33M
    Net Income$541.92M$405.08M$528.68M$401.62M$400.82M$332.77M$435.73M$399.11M$300.63M$275.96M$542.13M$257.24M
    EBITDA$661.74M$485.68M$647.08M$526.84M$495.63M$404.87M$532.30M$501.68M$380.80M$346.84M$405.54M$304.40M
    EBIT$612.89M$436.56M$600.83M$477.74M$448.53M$358.57M$485.76M$457.42M$336.69M$302.01M$360.20M$259.77M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about GRMN

    Government Contracts

    Gov Obligations (TTM)
    $641923
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    12
    New Awards (TTM)
    8
    Avg Remaining Term
    15.8 mo

    Top agency: Department of Defense at 38.9% of trailing twelve month obligations across 5 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    W911QY26CA003Department of DefenseDepartment of the Army$200000Jan 29, 2026
    6973GH25F01413Department of TransportationFederal Aviation Administration$188000Sep 17, 2025
    15F06726F0000280Department of JusticeFederal Bureau of Investigation$78442Jan 15, 2026
    FA330025P0190Department of DefenseDepartment of the Air Force$49571Sep 25, 2025
    140F1S26P0010Department of the InteriorU.S. Fish and Wildlife Service$35428Mar 17, 2026
    12760426F0012Department of AgricultureForest Service$20503Mar 26, 2026
    1202SA26K9703Department of AgricultureForest Service$17083Mar 10, 2026
    FA940125P0035Department of DefenseDepartment of the Air Force$0Sep 25, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Garmin stock gains on tariff refunds and higher guidance

    Garmin's stock has gained attention following a report that $21 million in tariff refunds boosted margins in the last quarter and led management to raise full-year guidance. Strong demand for Garmin's fitness products also contributed to the positive results, highlighting the company's strong earnings power beyond just unit growth. The company's high-end fenix series watches continue to keep the brand visible, while investors focus on the earnings update to justify a potentially higher stock range.

    AD HOC NEWS•8/31/26•
    Bullish

    Garmin Ltd. stock underperforms Friday when compared to competitors

    Garmin Ltd. (GRMN) stock fell 1.61% on Friday, closing at $285.19, underperforming the broader market. This drop ended a two-day winning streak for the company's shares. The S&P 500 Index and Dow Jones Industrial Average also experienced declines on the same day.

    MarketWatch•8/28/26•
    Somewhat-Bearish

    Garmin stock steadies after Q2 2026 earnings beat and insider sale

    Garmin stock is consolidating in the low $300s after the company reported strong Q2 2026 earnings, beating Wall Street estimates with $2.81 EPS and $2.02 billion in revenue, representing 11.4% year-over-year growth. Despite this performance, a $3.0 million insider stock sale and DCF-based valuations suggest the stock may be modestly overvalued, trading above intrinsic value estimates. The company's fitness and marine segments, particularly advanced wearables and new sonar technology, are highlighted as key growth drivers.

    Ad-hoc-news.de•8/26/26•
    Somewhat-Bullish

    3 Electronics Stocks Set to Benefit From a Prospering Industry

    The Zacks Electronics – Miscellaneous Products industry is poised for growth due to increasing spending on AI infrastructure, data centers, and cloud computing. This demand drives the need for advanced semiconductors, networking equipment, and precision electronic components. The article highlights three companies, Teradyne (TER), Garmin (GRMN), and KLA (KLAC), as strong buy candidates benefiting from these industry trends.

    TradingView•8/25/26•
    Bullish

    Garmin Fenix 9 Debut Comes Amid 2% Drop in Outdoor Sales

    Garmin has launched its new fēnix 9 and fēnix 9 Pro smartwatches, priced from $999.99, targeting its Outdoor segment which recently saw a 2% revenue decline despite high gross margins. The company aims for these premium products to reignite growth in the Outdoor category, which has a significant impact on overall revenue given its 69% gross margin. While analysts hold a mixed view on the stock, Garmin increased its 2026 outlook, banking on the new lineup to boost sales and maintain its strong financial position.

    TechStock²•8/25/26•
    Neutral

    Frequently Asked Questions About GRMN

    What is GRMN's current dividend yield?
    Garmin Ltd (GRMN) has a current dividend yield of 1.32%.
    Does GRMN pay dividends?
    Yes, Garmin Ltd pays dividends with a current yield of 1.32%.
    What is GRMN's P/E ratio?
    Garmin Ltd has a price-to-earnings (P/E) ratio of 29.38.
    What is GRMN's market cap?
    Garmin Ltd (GRMN) has a market capitalization of $55.00B with a current stock price of $284.07.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In