Garmin Q2 net sales rise 20% to $1.81 billion; company raises 2025 guidance
Garmin reported second-quarter 2025 results for the quarter ended June 28, 2025, with net sales of $1.81 billion, up 20% from a year earlier, and pro forma diluted EPS of $2.17, up 37%. The company raised its full-year 2025 guidance to revenue of about $7.1 billion and pro forma EPS of $8.00, which matters to shareholders because the headline revenue, profit and guidance measures all improved.
Key points
- Net sales of $1.81 billion, up 20%; GAAP diluted EPS of $2.07, up 33%; pro forma diluted EPS of $2.17, up 37%.
- Operating income of $472 million, up 38%; operating margin of 26.0% versus 22.7% a year earlier.
- Full-year 2025 guidance raised to revenue of about $7.1 billion and pro forma EPS of $8.00.
- Next dividend installment of $0.90 per share, record date September 12, 2025, payment date September 26, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits 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 July 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.