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

Garmin Q1 2025 revenue rises 11% to $1.54 billion; pro forma EPS up 13%

Positive Impact 3 of 5 earnings Written later

Garmin reported record first-quarter 2025 revenue of $1.54 billion, up 11% from a year earlier, with GAAP diluted EPS of $1.72 (up 20%) and pro forma diluted EPS of $1.61 (up 13%). The company updated its full-year 2025 revenue expectation to approximately $6.85 billion and maintained its pro forma EPS guidance of $7.80, citing the global trade environment.

Key points

  • Q1 2025 net sales of $1,535,099 thousand, up 11%; operating income of $333 million, up 12%
  • GAAP diluted EPS of $1.72 versus $1.43; pro forma diluted EPS of $1.61 versus $1.42
  • Full-year 2025 revenue expectation updated to approximately $6.85 billion; pro forma EPS of $7.80 maintained
  • Gross margin 57.6% versus 58.1% a year earlier; operating margin 21.7% versus 21.6%

The filing

CompanyGarmin (GRMN)
Form8-K, current report
Filed with the SECApr 30, 2025, 7:00 AM ET
Accession number0000950170-25-060551

Items reported: 2.01 Acquisition or Disposition Completed

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 April 30, 2025.

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.