Garmin Ltd

GRMN: XNYS (USA)

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Garmin Earnings: Impressive Start to the Year, Though Valuation Remains Full

Eric Compton

Apr 30, 2026

Garmin reported a healthy first quarter, with sales rising 14% year over year to $1.75 billion. Pro forma EPS was $2.08, representing a solid 29% increase. The outdoor segment underperformed, offset by broad-based growth in other segments, leading to a reiterated 2026 guide.

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Garmin Ltd

Garmin Earnings: Impressive Start to the Year, Though Valuation Remains Full

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