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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OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the world’s leading marine electronics manufacturer1, today announced that it was named Manufacturer of the Year for the sixth consecutive year by members of the National Marine Electronics Association (NMEA) at its annual business meeting and awards presentation held virtually on Sept. 26. The coveted Manufacturer of the Year honor is given to the most recognized company in the marine electronics in

Garmin again named Manufacturer of the Year by the National Marine Electronics Association

Garmin (GRMN) rolls out GPSMAP 66sr and GPSMAP 65 Series handheld devices, which are likely to aid its momentum among adventurers and outdoor explorers.

Garmin Expands Outdoor Portfolio With New Handheld Devices

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the GPSMAP® 66sr and GPSMAP 65 Series handheld devices—the latest additions to its popular lineup of premium outdoor navigation units. These rugged GPS handhelds are Garmin’s most accurate in positioning and tracking with multi-band technology and expanded global navigation satellite systems (GNSS) support, giving outdoor explorers optimal accuracy wherever their adventures lead, fr

Adventurers Trek With Enhanced Accuracy With Garmin GPSMAP 66sr and 65 Series Handhelds

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the world’s leading marine electronics manufacturer1, today announced that Manitou Pontoon Boats will install marine audio packages from Fusion® Entertainment, a Garmin Brand, as the standard-fit for select model year 2021 pontoon boats. Manitou exclusively offers the Garmin ECHOMAP™ UHD 73sv and GPSMAP® chartplotters for its entire lineup and will add a range of Fusion Entertainment stereos, speak

Manitou Pontoon Boats Selects Fusion Entertainment for Onboard Marine Audio

Garmin (GRMN) unveils Performance Edition MARQ watches by adding silicon rubber straps and other features to MARQ Athlete, MARQ Adventurer, MARQ Aviator and MARQ Driver.

Garmin Strengthens MARQ Family, Bolsters Smartwatch Portfolio

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Venu® Sq and the Venu Sq Music Edition, its latest GPS smartwatches that combine daily style with the industry-leading health monitoring and fitness features users have come to expect from Garmin – starting at just $199.99. For customers seeking a playlist to take them from one activity to the next, the Venu Sq Music Edition features on-device music storage for phone-free listen

Now Is the Perfect Time to Move With the New Venu Sq GPS Smartwatch From Garmin

Garmin (GRMN) recently unveils a new fitness GPS smartwatch for athletes, the Forerunner 745, which in turn is likely to help it develop a solid product line.

Garmin Unveils Forerunner 745, Expands Wearable Portfolio

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc.

Garmin inReach Aids in 5,000th Rescue Thanks to Two-Way Communication and SOS Functionality

PHG vs. GRMN: Which Stock Is the Better Value Option?

PHG or GRMN: Which Is the Better Value Stock Right Now?

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc.

Boaters benefit from peace of mind on land and sea with Garmin OnDeck Remote Connectivity Solution

Garmin (GRMN) launches new ice fishing bundles, ECHOMAP UHD 93sv, ECHOMAP UHD 73cv, ECHOMAP UHD 63cv and STRIKER Plus 4, which are likely to drive growth in marine segment.

Garmin's New Ice Fishing Bundles Bolster Marine Offerings

Garmin (GRMN) unveils new open-array marine radars to expand its share in the marine market.

Garmin Expands Marine Portfolio With Solid-State Radars

Drill fewer holes and catch more fish with Garmin’s new ice fishing bundles

Garmin (GRMN) reinforces presence in the motorsports industry on the back of Garmin Catalyst.

Garmin Boosts Portfolio Strength With Garmin Catalyst Launch

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc.

Latest Garmin® Fantom Series Boosts Its Market-Leading Power for Solid-State Marine Radars

Garmin today is announcing a $999 GPS unit designed specifically for motorsports. Called the Garmin Catalyst the unit aims to be a motorsports coach of sorts, helping drivers improve lap times, and more.

This Garmin GPS aims to improve motorsport’s lap times and more

Garmin® shifts gears with the Garmin Catalyst driving performance optimizer

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Releasing two top mega-cap stocks from the MDA Growth and Dividend Breakout portfolio for long-term gain potential into 2020.

V&M Breakouts: Top Growth And Dividend Mega-Cap Stocks For September 2020

Garmin's (GRMN) emergency Autoland technology backed Cirrus Vision Jet Safe Return system receives certification from Federal Aviation Administration.

Garmin's Autoland Gains Steam With Safe Return Certification

Is  (GRMN) Outperforming Other Computer and Technology Stocks This Year?

Is Garmin (GRMN) Outperforming Other Computer and Technology Stocks This Year?

Garmin (GRMN) reported earnings 30 days ago. What's next for the stock?

Why Is Garmin (GRMN) Up 2.6% Since Last Earnings Report?

Apple

Amazon

Fitbit

Amazon.com, Inc. (NASDAQ: AMZN) announced this week the Amazon Halo, a wearable fitness and health device.

Amazon Takes On Apple, Fitbit And Garmin With New Halo Fitness Band

Garmin (GRMN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Garmin (GRMN) Run Higher on Rising Earnings Estimates?

Carrier Global

Intel

Electronics-Misc Products Industry Prospects Look Encouraging

Broadcom

Home Depot

Lowe's

Skyworks Solutions

Given strong dividend growth and big money signals, these stocks could be worth a spot in a yield-oriented portfolio.

News for Garmin Stock (GRMN)