AI brief of an SEC Form 8-K · Garmin (GRMN)

Garmin Q3 revenue rises 24% to $1.59 billion and full-year guidance is raised

Positive Impact 4 of 5 earnings Written later

Garmin reported fiscal third-quarter 2024 revenue of $1.59 billion, up 24% from a year earlier, with GAAP diluted EPS of $2.07 and pro forma diluted EPS of $1.99, up 41%. The company raised its full-year 2024 outlook to approximately $6.12 billion in revenue and $6.85 in pro forma EPS, which matters to shareholders because it signals stronger expected earnings for the year.

Key points

  • Third-quarter operating income was $437 million, up 62% from the prior year quarter
  • Full-year 2024 guidance: revenue of approximately $6.12 billion and pro forma EPS of $6.85
  • Next dividend of $0.75 per share has a record date of December 13, 2024 and a payment date of December 27, 2024

The filing

CompanyGarmin (GRMN)
Form8-K, current report
Filed with the SECOct 30, 2024, 7:00 AM ET
Accession number0000950170-24-118579

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.