Garmin Ltd

GRMN: XNYS (USA)

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Garmin Earnings: Relatively Healthy Performance Overshadowed by Outdoor Segment Softness

Eric Compton , Dhruv Kothari

Oct 30, 2025

Garmin posted decent third-quarter results, with revenue up 12% year on year and a slight beat on non-GAAP EPS of $1.99. Underneath the surface, the outdoor and automotive businesses both underperformed, while fitness, marine, and aviation outperformed.

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Garmin Ltd

Garmin Earnings: Relatively Healthy Performance Overshadowed by Outdoor Segment Softness

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