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

Garmin Reports Third Quarter 2026 Results with $1.99 Billion in Revenue and Raised Guidance

Positive Impact 4 of 5 earnings

Garmin reported record third quarter 2026 financial results with consolidated revenue of $1.99 billion and GAAP diluted EPS of $2.80, driven by growth across multiple product categories. Based on strong performance and positive momentum, the company raised its full year 2026 guidance to anticipate approximately $8.15 billion in revenue and pro forma EPS of $10.80.

Key points

  • Consolidated revenue reached $1.99 billion for the third quarter ended September 26, 2026, representing a 12% increase year-over-year.
  • Operating income rose 34% to a record $612 million compared to the prior year quarter.
  • GAAP diluted EPS was $2.80, and pro forma EPS was $2.76 for the third quarter of 2026.
  • Full year 2026 guidance was raised to approximately $8.15 billion in revenue and pro forma EPS of $10.80.

The filing

CompanyGarmin (GRMN)
Form8-K, current report
Filed with the SECOct 28, 2026, 7:00 AM ET
Accession number0001193125-26-435066

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Oct 29, 2026, 6:36 AM ET, from this filing only.

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.