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Garmin Reports Q3 2026 Results, Raises Full-Year Guidance

Garmin reported third-quarter revenue of $1.99 billion and adjusted EPS of $2.76, above FactSet consensus of $2.41. It now expects 2026 revenue of approximately $8.15 billion and pro forma EPS of $10.80.

GRMN

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12:30:58 PM UTC
SquawkNews
OLATHE (dpa-AFX) - Garmin (GRMN) said, for fiscal 2026, the company now anticipates revenue of approximately $8.15 billion and pro forma EPS of $10.80. In July, the company projected revenue of approximately $8.05 billion and pro forma EPS of $10.00.For the third quarter, the company's bottom line…

Garmin Ltd. reported third-quarter 2026 revenue of $1.99 billion and an adjusted EPS of $2.76, surpassing the FactSet consensus estimate of $2.41. Driven by strong performance through the first three quarters, the company raised its full-year 2026 guidance, now anticipating revenue of approximately $8.15 billion and pro forma EPS of $10.80. Additionally, the Board of Directors declared a dividend installment of $1.05 per share, payable on December 24, 2026, to shareholders of record as of December 11, 2026.

The company scheduled an earnings call for October 28, 2026, to discuss these results and its updated financial outlook.