Garmin Q4 revenue rises 17% to $2.12 billion; 2026 revenue guided to $7.9 billion
Garmin reported record fourth-quarter and full-year 2025 revenue and profit, with fourth-quarter revenue up 17% to $2.12 billion and pro forma EPS up 16% to $2.79. It guided 2026 revenue to $7.9 billion and pro forma EPS to $9.35, and announced a new $500 million share repurchase program and a proposed $4.20 per share annual dividend, which requires shareholder approval.
Key points
- Q4 2025 revenue of $2.12 billion, up 17%; GAAP EPS of $2.73, up 21%; pro forma EPS of $2.79, up 16%
- Fiscal 2025 revenue of $7.25 billion, up 15%; pro forma EPS of $8.56, up 16%
- 2026 guidance: revenue of $7.9 billion, up 9%; pro forma EPS of $9.35
- New $500 million share repurchase program through December 30, 2028; proposed $4.20 annual dividend for the June 5, 2026 annual meeting
The filing
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 February 18, 2026.
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.