GRMN
GarminPrevious close
272.67
Change
−7.27 / −2.60%
P/E (TTM) ?
28.2
Market Cap
$53.1B
1M
−4.94%
S&P 500 −0.91% over same period
Volume / Avg Volume
948K / 901K
1.05× average
Latest earnings analysisFY2026 Q2Reported 2026-07-29
Garmin Q2 FY2026: revenue up 11.4%, guidance raised to $8.05 billion
Garmin beat and raised. Second-quarter revenue rose 11.4% year over year to $2.02 billion, gross margin jumped to 62.4%, and pro forma EPS of $2.81 beat the $2.2897 consensus by about 22.7%. Management lifted full-year revenue guidance to roughly $8.05 billion. The catch is the margin step-down baked into that full-year guide, so read this as a strong quarter, not a straight-line trend.
Read the full analysis →Revenue$2.02BYoY +11.40%
EPS (non-GAAP)$2.81Beatest. $2.29
Next-quarter revenue guidance$8.05BYoY +298.10%
Next-day move+0.92%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-29 | $2.0B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-29 | $1.8B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-18 | $7.2B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-29 | $1.8B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-30 | $1.8B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-30 | $1.5B | Pending |
| FY2024 Q4 Quarter ended 2024-12 | 2025-02-19 | $6.3B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 74 of its 5-year rangeExpensive
5-year range 20.3 – 31.8 · Median 25.6
Last 4 quarters: $0 in buybacks + $751M in dividends, 1.42% of market cap combined
P/E (TTM)
28.2
P/B
5.9
P/S
6.9
Dividend Yield
2.41%
Earnings Reaction
Over the last 7 reports, the stock moved ±1.6% on average on the first trading day after, rising 2 times
Most recent +0.92%
Volatility & Correlation
1-year beta 0.90 · Correlation with S&P 500 0.35Tracks the market
Annualized volatility 33% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $3.0MNet selling $3.0M
- 08-18Wang Cheng-WeiGeneral Manager - Garmin Corp.Sell$3.0M9,941 shares · 7 trades · Avg price 299.36
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 1.99 | +12.2% | 63.3% | 0.54 | 2.80 |
| FY2026 Q2 | 2.02 | +11.4% | 62.4% | 0.54 | 2.80 |
| FY2026 Q1 | 1.75 | +14.2% | 59.4% | 0.41 | 2.09 |
| FY2025 Q4 | 2.12 | +16.6% | 59.2% | 0.53 | 2.72 |
| FY2025 Q3 | 1.77 | +11.7% | 59.1% | 0.40 | 2.08 |
| FY2025 Q2 | 1.81 | +20.4% | 58.8% | 0.40 | 2.07 |
| FY2025 Q1 | 1.54 | +11.1% | 57.6% | 0.33 | 1.72 |
| FY2024 Q4 | 1.82 | +22.9% | 59.3% | 0.44 | 2.24 |
| FY2024 Q3 | 1.59 | +24.1% | 60.0% | 0.40 | 2.07 |
| FY2024 Q2 | 1.51 | +14.1% | 57.3% | 0.30 | 1.56 |
| FY2024 Q1 | 1.38 | +20.4% | 58.1% | 0.28 | 1.43 |
| FY2023 Q4 | 1.48 | +13.5% | 58.3% | 0.54 | 2.82 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| GRMN | 28.2 | +12.2% | 63.3% | −4.94% | Bullish |
| AMZN | 19.4 | +12.1% | 53.2% | −3.53% | Neutral |
| TSLA | 495.1 | −0.2% | 19.6% | +12.68% | Neutral |
| HD | 23.3 | +5.7% | 33.7% | +15.72% | Neutral |
| MCD | 21.1 | +3.7% | 90.4% | +11.77% | Neutral |
| TJX | 25.8 | +5.4% | 33.4% | +6.05% | Bullish |
| SBUX | 59.0 | −1.4% | — | +10.33% | Neutral |
| LOW | 17.6 | +8.3% | 33.0% | +13.45% | Neutral |
| BKNG | 15.7 | +8.1% | — | −9.07% | Bullish |