About Garmin Ltd.
https://www.garmin.comGarmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories.

CEO
Clifton Albert Pemble
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2006-08-16 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 697
Ratings Snapshot
Rating : A-
Most Recent Analyst Grades

Tigress Financial
Strong Buy

Longbow Research
Buy

JP Morgan
Neutral

Barclays
Underweight

Morgan Stanley
Underweight
Grade Summary
Showing Top 5 of 5
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:20.2M
Value:$4.27B

BLACKROCK, INC.
Shares:16.36M
Value:$3.46B

BLACKROCK INC.
Shares:14.11M
Value:$2.98B
Summary
Showing Top 3 of 1,198
About Garmin Ltd.
https://www.garmin.comGarmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.77B ▼ | $589.68M ▼ | $401.62M ▲ | 22.68% ▲ | $2.09 ▲ | $558.92M ▲ |
| Q2-2025 | $1.81B ▲ | $594.72M ▲ | $400.82M ▲ | 22.09% ▲ | $2.08 ▲ | $519.4M ▲ |
| Q1-2025 | $1.54B ▼ | $551.72M ▼ | $332.77M ▼ | 21.68% ▼ | $1.73 ▼ | $379.12M ▼ |
| Q4-2024 | $1.82B ▲ | $563.84M ▲ | $435.73M ▲ | 23.91% ▼ | $2.27 ▲ | $562.62M ▲ |
| Q3-2024 | $1.59B | $514.12M | $399.11M | 25.16% | $2.08 | $481.73M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $2.54B ▼ | $10.52B ▲ | $2.04B ▼ | $8.48B ▲ |
| Q2-2025 | $2.59B ▼ | $10.32B ▲ | $2.2B ▲ | $8.13B ▼ |
| Q1-2025 | $2.67B ▲ | $9.79B ▲ | $1.61B ▼ | $8.18B ▲ |
| Q4-2024 | $2.5B ▲ | $9.63B ▲ | $1.78B ▼ | $7.85B ▲ |
| Q3-2024 | $2.42B | $9.35B | $1.84B | $7.51B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $401.62M ▲ | $485.62M ▲ | $-267.72M ▼ | $-209.73M ▲ | $637K ▲ | $425.08M ▲ |
| Q2-2025 | $400.82M ▲ | $173.17M ▼ | $-113.51M ▲ | $-210.94M ▼ | $-103.3M ▼ | $127.5M ▼ |
| Q1-2025 | $332.77M ▼ | $420.79M ▼ | $-132.6M ▲ | $-204.81M ▼ | $96.05M ▲ | $380.73M ▼ |
| Q4-2024 | $435.73M ▲ | $483.89M ▲ | $-202.57M ▼ | $-177.42M ▼ | $70.08M ▼ | $399.19M ▲ |
| Q3-2024 | $399.11M | $257.95M | $-47.61M | $-163.74M | $71.9M | $219.41M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Automotive Mobile | $170.00M ▲ | $170.00M ▲ | $170.00M ▲ | $160.00M ▼ |
Aviation | $240.00M ▲ | $220.00M ▼ | $250.00M ▲ | $240.00M ▼ |
Fitness | $540.00M ▲ | $380.00M ▼ | $610.00M ▲ | $600.00M ▼ |
Marine Segment | $250.00M ▲ | $320.00M ▲ | $300.00M ▼ | $270.00M ▼ |
Outdoor | $630.00M ▲ | $440.00M ▼ | $490.00M ▲ | $500.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q1-2025 | Q3-2025 | Q2-2025 |
|---|---|---|---|---|
Americas | $850.00M ▲ | $750.00M ▼ | $800.00M ▲ | $880.00M ▲ |
Asia Pacific | $270.00M ▲ | $220.00M ▼ | $280.00M ▲ | $260.00M ▼ |
EMEA | $700.00M ▲ | $570.00M ▼ | $690.00M ▲ | $680.00M ▼ |

CEO
Clifton Albert Pemble
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2006-08-16 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 697
Ratings Snapshot
Rating : A-
Most Recent Analyst Grades

Tigress Financial
Strong Buy

Longbow Research
Buy

JP Morgan
Neutral

Barclays
Underweight

Morgan Stanley
Underweight
Grade Summary
Showing Top 5 of 5
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:20.2M
Value:$4.27B

BLACKROCK, INC.
Shares:16.36M
Value:$3.46B

BLACKROCK INC.
Shares:14.11M
Value:$2.98B
Summary
Showing Top 3 of 1,198




