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

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

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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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OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), today announced it has received Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) approval for the GFC™ 600 digital autopilot in select Cessna CitationJet 525 models1, the first jet certification for this popular autopilot solution. The GFC 600 digital autopilot delivers superior in-flight characteristics and new operational capabilities such as autopilot-coupled Vertical Nav

Garmin announces first turbofan certification for GFC 600 digital autopilot

NEW YORK--(BUSINESS WIRE)-- #Garmin--Lumen, creators of the world's first metabolism measurement device through the breath, and Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), have launched the second phase of integrating health and activity data from Garmin alongside metabolic data from the Lumen device and app. According to the research team at Lumen, the trend is clear: Garmin users are now optimizing their fitness routine by training their metabolism. “Proper nutrition is just as e

Lumen Launches Second Phase of Garmin Integration With New Data Demonstrating Impact of Fitness on Metabolism

Ally Financial

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Cummins

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Infosys

KLA-Tencor

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NetEase

Taiwan Semiconductor Manufacturing

United Microelectronics

Releasing two top May stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from prior portfolios. Long-term dividend portfolios have been released every month with average weighted gains of +35.9% and the S&P 500 +11.8% YTD.

V&M Breakouts: Top Growth And Dividend Stocks For May 2021

Big 5 Sporting Goods

Nautilus

Planet Fitness

Peloton

Weightwatchers International Inc.

Town Sports International Holdings

With summer aligning with rising demand for social normalization, fitness stocks could enjoy a significant rebound. The post 7 Fitness Stocks to Buy Before We Enter Beach Season appeared first on InvestorPlace.

7 Fitness Stocks to Buy Before We Enter Beach Season

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the dēzl OTR500 in a new 5.5” size with a crisp, HD resolution touchscreen display that is easy to see and operate on the road. This addition to the popular dēzl™ OTR lineup, which includes the dēzl OTR700/800/1000, gives truck drivers more options than ever when it comes to the size of their GPS truck navigator. The entire dēzl OTR family also introduces PrePass® weigh station bypa

Garmin announces the dēzl OTR500, a compact addition to the popular truck navigator lineup

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 MSC™ 10 marine satellite compass with multi-band GNSS and a fully integrated attitude and heading reference system for a smooth and accurate GPS-derived heading and position on the water. “Garmin was the first to deliver a marine positioning receiver and antenna utilizing multi-band GNSS support, and we're

Garmin announces MSC 10 marine satellite compass

Garmin management has executed well at diversifying its product range and achieving double-digit growth across its diverse market segments. The company has excellent financials with no long-term debt, large cash reserves, and a profitable bottom line.

Garmin: Excellent Execution But Weak Economic Moat

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced an increasing number of nominations, honors and accolades for Garmin Autoland, the world's first certified autonomous flight technology system of its kind. Garmin Autoland made history in 2020 when it achieved Federal Aviation Administration (FAA) certification, as well as certification from the European Union Aviation Safety Agency (EASA). Garmin Autoland was also recently selected

Garmin Autoland autonomous flight technology continues to capture international media and customer attention

Apple

Lululemon Athletica

NIKE

Under Armour

Let's look at a handful of fitness stocks, as companies adapt to the new world of working out due to the pandemic. Here are seven of them.

7 Fitness Stocks for the New Normal in Exercise

The GPS navigation giant is cruising toward another record sales year.

Why Garmin Stock Is a Buy After Q1 Earnings

For the second consecutive quarter, there was a surprise contributor to the company's accelerating growth.

1 Number You Missed From Garmin's Blowout Earnings

Garmin Ltd (GRMN) CEO Cliff Pemble on Q1 2021 Results - Earnings Call Transcript

Garmin (GRMN) delivered earnings and revenue surprises of 34.09% and 15.08%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Garmin (GRMN) Beats Q1 Earnings and Revenue Estimates

Shares of Garmin (NASDAQ:GRMN) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were up 29.67% year over year to $1.18, which beat the estimate of $0.89.

Garmin: Q1 Earnings Insights

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin® Ltd. (NASDAQ: GRMN), today announced results for the first quarter ended March 27, 2021. Highlights for first quarter 2021 include: Total revenue of $1.07 billion, a 25% increase over the prior year quarter led by double-digit growth in the fitness, outdoor, marine and auto segments Gross margin improved to 59.8% compared to 59.2% in the prior year quarter Operating margin improved to 23.3% compared to 20.7% in the prior year quarter Operating

Garmin announces first quarter results

VANCOUVER, British Columbia, April 27, 2021 (GLOBE NEWSWIRE) -- Wellteq Digital Health Inc. (CSE: WTEQ), (the “Company” or Wellteq”), is pleased to announce the Company has launched a comprehensive health and wellness solution in cooperation with Garmin International, Inc., a unit of Garmin (NASDAQ:GRMN) and Singapore health and fitness leader UFIT.

Wellteq Integrates With Garmin and UFIT for Hybrid Corporate Health & Wellness Solution

Garmin (GRMN) has climbed 20% in 2021 and the stock hit new highs on Monday ahead of its first quarter fiscal 2021 earnings release that's due out on Wednesday, April 28.

Buy Dividend Tech Stock Garmin Before Q1 Earnings?

Garmin's (GRMN) first-quarter 2021 results are likely to reflect strength across fitness, marine and outdoor segments.

Garmin (GRMN) to Report Q1 Earnings: What's in the Offing?

OLATHE, Kan.--(BUSINESS WIRE)--Garmin today announced the Venu® 2 and Venu 2S GPS fitness smartwatches aimed at helping customers live a better, healthier life.

Double down on health and fitness with Garmin's Venu 2 Series GPS smartwatch

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the GWX™ 8000 StormOptix weather radar that delivers an extensive weather threat analysis and depiction to the cockpit. The system reduces pilot workload by providing an automated clear representation of weather by using an enhanced color palette now offering 16 colors, 3D volumetric scanning, hail and lightning prediction, advanced ground clutter suppression, and optional predictiv

Garmin announces GWX 8000 StormOptix weather radar with automated weather threat analysis technology

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) Q1 Earnings Expected to Decline

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 it has added support for Mercury Marine® VesselView engine data across its ECHOMAP™ Ultra, ECHOMAP UHD* and GPSMAP® series multi-function displays (MFDs). “We're pleased to work with Mercury to offer engine data features that our customers and OEMs have been asking for,” said Dan Bartel, Garmin vice president o

Garmin announces support for Mercury Marine SmartCraft engines

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced European Union Aviation Safety Agency (EASA) approval of an Automatic Dependent Surveillance-Broadcast (ADS-B) solution for the ATR 42 and ATR 72 turboprop aircraft. To achieve this certification, Garmin worked closely with Scandinavian Avionics, who developed and certified a Supplemental Type Certificate (STC) that provides operators an economical solution with efficient installati

Garmin announces retrofit ADS-B solution for ATR 42 and ATR 72 aircraft

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin® Ltd. (Nasdaq: GRMN) invites shareholders and investors to join Garmin executives for its first quarter 2021 earnings conference call that will be livestreamed on Wed., April 28, 2021 at 10:30 a.m. ET. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on April 28, 2021. What: Garmin Ltd. First Quarter 2021 Earnings Call When: Wednesday, April 28, 2021 at 10:30 a.m. ET Where:

Garmin Ltd. schedules its first quarter 2021 earnings call

Garmin (GRMN) rolls out the latest models of its GSB 15, which are comprised of two 27W USB charging ports.

News for Garmin Stock (GRMN)