Revenue segments as reported by the company.

Fitness

Outdoor

Aviation

Marine

Auto

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Advertising expense

Selling, general and administrative expense

Research and development expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Garmin

Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. It operates through the following segments: Marine, Outdoor, Fitness, Auto OEM, Consumer Auto, and Aviation. The Marine segment manufactures and offers recreational marine electronics such as cartography, Sounders, Radar, Autopilot Systems and Sailing. The Outdoor segment offers products designed for use in outdoor activities such as Outdoor Handhelds, Adventure Watches, Golf Devices, Dog Tracking & Training Device, Garmin Connect & Garmin Connect Mobile, and Connect IQ. The Fitness segment refers to the products designed for use in fitness and activity tracking such as Running & Multi-Sport Watches, Cycling Computers, Power Meters, Safety & Awareness, and Activity Tracking Devices. The Auto OEM and Consumer Auto segments offer products designed for use in the auto market such as Personal Navigation Devices, Original Equipment Manufacturer (OEM) Solutions, and Cameras. The Aviation segment provides solutions to aircraft manufacturers, existing aircraft owners and operators, as well as government/defense customers. The company was founded in 1989 and is headquartered in Schaffhausen, Switzerland.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Garmin reports mixed 2022 results, eyes growth through innovation

Garmin faced challenges in 2022 due to currency impact and macroeconomic concerns, leading to a decrease in revenue.
Despite challenges, the company showed strengths in certain segments like Outdoor, Aviation, and Auto OEM with positive growth expectations.
Opportunities lie in new product introductions, focusing on specific segments for growth, and strategic partnerships for future revenue streams.
Overall, Garmin aims for revenue growth in 2023, with a focus on innovation and expanding its market presence.

Garmin reports mixed Q1 results with strong segment growth

Garmin's Q1 2023 performance showcased revenue declines in some segments but strong growth in fitness, aviation, and marine, underlining its diversified portfolio.
The company faces challenges in cost management, operational efficiency, and navigating regional issues in Europe, requiring strategic adjustments for sustained success.
Despite challenges, Garmin's strengths in product innovation, market leadership, and financial stability position it well to capitalize on growth opportunities and drive future profitability.
Overall, Garmin's Q1 results reflect a mix of performance, challenges, and opportunities, signaling a need for strategic focus and operational excellence to drive sustained growth and profitability.

Garmin reports strong Q2 earnings, eyes growth in Aviation and Auto OEM

Garmin delivered a solid performance in Q2 2023 with revenue growth, strong margins, and positive EPS growth.
While facing challenges in certain segments, the company's diversified portfolio and low tax rate are key strengths.
Opportunities lie in segments like Aviation and Auto OEM, supported by healthy cash reserves and free cash flow.
Garmin's updated full-year guidance reflects confidence in its ability to navigate challenges and capitalize on growth opportunities.

Garmin reports robust Q3 earnings, eyes growth amid segment diversity

Garmin's Q3 2023 earnings call reflects strong financial performance across key segments, underpinned by revenue growth and profitability.
While facing challenges in the Marine segment, Garmin's diversified product portfolio and strategic partnerships position it well for future growth.
The company's updated guidance, solid cash position, and growth opportunities signal a positive trajectory for Garmin in the coming quarters.

Garmin posts record revenue in 2023, eyes growth opportunities

Garmin's strong financial performance in Q4 2023 and full-year 2023 underscores its resilience and growth potential across key segments.
While facing challenges in certain segments and tax rate increases, Garmin's strategic initiatives and product launches position it well for future growth.
Investors can look forward to increased dividends, share repurchases, and segment-specific growth opportunities in 2024, supported by solid cash reserves.

Garmin excels in Q1 2024 with robust revenue growth and product launches

Garmin's Q1 2024 earnings call highlighted exceptional financial results, strong revenue growth, and successful product launches across all segments. While facing challenges with increased operating expenses and tax rates, the company remains well-positioned with a solid cash position and strong free cash flow generation. Opportunities lie in leveraging new products for continued growth and innovation.

Garmin excels in Q2 2024, eyes AI and segment growth

Garmin's Q2 2024 performance reflects solid revenue growth and operational efficiency, supported by a diverse product portfolio and global recognition as a top employer. While facing challenges in certain segments, the company's strengths in innovation and market leadership position it well for future growth. Leveraging AI and strategic capital allocation will be key to seizing opportunities and sustaining momentum.

Garmin reports stellar Q3 results, acquires Lumishore for marine expansion

Garmin's Q3 2024 earnings call showcased robust financial results, driven by revenue growth, margin expansion, and increased profitability.
The company's strategic acquisition and segment-wise revenue increases highlight its resilience and potential for sustained success.
While facing challenges in certain segments, Garmin's strong performance underscores its ability to capitalize on opportunities and navigate market dynamics effectively.

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Free cash flow

Stewart Information Services

Garmin Ltd ( GRMN , Financial) and Stewart Information Services Corp ( STC , Financial) announced their next dividends before regular trading on Wednesday, Dec. 1.

2 Long-Term Payers Announce Dividends

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that Popular Science, one of America's oldest and most trusted magazine brands with a legacy of reporting on groundbreaking innovations, recognized its Descent® Mk2i watch-style dive computer and Descent T1 transmitter with a 2021 Best of What's New Award in the Sports and Outdoor category. Developed by Garmin, SubWave sonar-based communication creates revolutionary air integration

Garmin Descent Mk2i dive computer and Descent T1 transmitter named one of 2021's greatest innovations by Popular Science

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--The Garmin Ltd. (NASDAQ: GRMN) board of directors has established December 31, 2021 as the payment date for the next dividend installment of $0.67 per share with a record date of December 15, 2021. At the 2021 annual shareholders' meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.68 per share (subject to adjustment in the event that the Swiss Franc weakens more than 35% relative to

Garmin® confirms December 31 dividend payment

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced a multiyear agreement to become the Official Equipment Supplier of the top-ranked University of New Mexico track and field and cross-country teams through the spring 2024 season. “The University of New Mexico is home to highly accomplished track and field and cross-country runners from around the world, and we are thrilled to welcome these college athletes to the Garmin family,” sai

Garmin named Official Equipment Supplier of University of New Mexico track and field and cross-country teams

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin® Ltd. (NASDAQ: GRMN) today announced that it will transfer the listing of its shares from the Nasdaq National Market to the New York Stock Exchange (“NYSE”). Garmin expects to commence trading as a NYSE-listed company at market open on December 7, 2021 under its ticker symbol “GRMN.” Garmin will continue to trade its shares on the Nasdaq until the market close on December 6, 2021. “Garmin is pleased to join the NYSE alongside many of the world'

Garmin announces transfer of listing to the New York Stock Exchange

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PulteGroup

The American Association of Individual Investors (AAII) publishes monthly tips for members on-line. Their November Journal featured these thirty Buffett-worthy candidates by one of Buffett's closest followers, Robert Hagstrom.

Tracking Warren Buffett's Future Dividend Picks: 21 From AAII's Hagstrom Screen

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced that its Surround View Camera System, the marine industry's first intelligent camera system to offer a live 360-degree birds-eye view of a vessel, was selected as a category winner in the 2021 DAME Design Awards. Surround View received top honors in the ‘Marine Electronics and Marine Related Software' category

Garmin Surround View Camera System wins 2021 DAME Design Award

Accenture Plc

Here is the short-term S&P projection and a pair of trading recommendations.

Stocks This Week: Buy Garmin And Accenture

The company just raised its full-year 2021 guidance for the second quarter in a row, but the market sent shares down anyway.

Is Garmin's Sell-Off After a "Beat and Raise" Quarter an Opportunity?

The tech giant just lifted its outlook again.

Time to Buy Garmin After Its Strong Q3 Report?

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced it has signed a two-year deal to become the title sponsor of the Garmin RunningLane Cross Country Championships, beginning with this year's event in Huntsville, Alabama, on December 4, 2021. The Garmin RunningLane Cross Country Championships is a premier running event that brings more than 1,500 high school athletes from across the United States together postseason to compete for in

Garmin signs multiyear deal to sponsor RunningLane Cross Country Championships

Earnings growth is slowing as costs soar.

Why Garmin Stock Is Falling 12% So Far This Week

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced winners of its 2021 Garmin Health Awards at the Garmin Health Summit in Lisbon. Three winners were presented with Garmin Health's “Most Innovative Solutions” award for successfully leveraging the power of Garmin wearable technology into health or wellness programs in the categories of Health Care, Insurance and Engagement. Winners received 50 Venu® Sq Garmin smartwatche

Garmin Health announces 2021 Garmin Health Awards winners

Garmin's (GRMN) third-quarter sales reflect strong momentum across marine, aviation, auto and fitness segments.

Garmin (GRMN) Q3 Earnings Beat Estimates, Sales Rise Y/Y

Garmin Ltd. (GRMN) CEO Cliff Pemble on Q3 2021 Results - Earnings Call Transcript

Garmin Ltd (NASDAQ: GRMN) reported third-quarter FY21 revenue growth of 7% year-on-year to $1.19 billion, beating the consensus of $1.15 billion. Revenue from Fitness rose 4% Y/Y to $342.3 million, Outdoor declined 3% Y/Y to $323.9 million, Aviation improved 19% Y/Y to $180.2 million, Marine jumped 25% Y/Y to $207.5 million, and Auto sales grew 7% Y/Y to $138.1 million.

Garmin Clocks 7% Revenue Growth In Q3, Cuts FY21 Gross Margin Outlook

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin® Ltd. (NASDAQ: GRMN), today announced results for the third quarter ended September 25, 2021. Highlights for third quarter 2021 include: Total revenue of $1.19 billion, a 7% increase over the prior year quarter Gross and operating margin were 58.4% and 23.7%, respectively Operating income of $283 million, an 11% decrease compared to the prior year quarter GAAP EPS was $1.34 and pro forma EPS(1) was $1.41 Named Manufacturer of the Year by the Na

Garmin announces third quarter results

Garmin has been incredibly resilient in the face of market turmoil and has been seeing new contracts as well as renewals over the past few months.

Garmin Stock: Hidden Buyback Potential And Economic Resiliency

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced the GPSMAP® 79 marine handheld series designed to equip mariners with a suite of essential, easy-to-use onboard navigation tools from the palm of their hand. Building on the legacy of the GPSMAP 78 series, the GPSMAP 79 series introduces an all-new design with modern display features and optional built-in Blue

Cast off confidently with the new Garmin GPSMAP 79 marine handheld series

Garmin's (GRMN) third-quarter 2021 results are likely to reflect strength across fitness, marine, auto and outdoor segments along with recovery in the aviation business.

Garmin (GRMN) to Report Q3 Earnings: What's in the Cards?

Align Technology

Investors might want to consider buying a few strong tech-focused names still trading at solid discounts to their records ahead of earnings.

2 Great Stocks to Buy Now on the Dip Ahead of Q3 Earnings

Garmin (GRMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Garmin (GRMN) Q3 Earnings Expected to Decline

The company is set to report third-quarter earnings on Oct. 30

Garmin Earnings: What to Watch

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Garmin DriveSmart™ 66, 76, and 86 series – a fresh lineup of portable car GPS navigators designed to bring a new level of simplicity and freedom to drivers. The Garmin DriveSmart series revs onto the scene with crisp 6, 7 or 8-inch high-definition displays allowing drivers to clearly find the best route. What's more, the 8-inch display model can be easily mounted in both landscap

New Garmin DriveSmart GPS navigators bring simplicity to the open road with larger displays

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today introduced the Dexcom Connect IQ apps, providing people with Type 1 and Type 2 diabetes who use the Dexcom® G6 Continuous Glucose Monitor (CGM) System1 with a way to quickly see their glucose levels and trends – even while working out – right on their compatible Garmin smartwatch or cycling computer.2 The apps can be downloaded now from the Connect IQ™ store. “Dexcom's CGM systems have revolu

News for Garmin Stock (GRMN)