Garmin Stock Price, News & Analysis

Garmin (GRMN) announced the certification of its Autoland system for the new Cirrus SR Series G7+, marking the first implementation of this autonomous emergency landing system in piston-powered aircraft. The Safe Return™ Emergency Autoland system comes standard on all new SR20, SR22, and SR22T aircraft, capable of controlling and landing the aircraft autonomously during emergencies like pilot incapacitation.

The G7+ also features the GDL® 60 datalink system for automatic database updates and enhanced cockpit connectivity, along with Runway Occupancy Awareness (ROA) technology. Since Autoland's 2019 introduction, over 1,000 aircraft have been equipped with this system, including 450 Cirrus Vision Jets with Safe Return.

Garmin reported strong Q1 2025 financial results with record consolidated revenue of $1.54 billion, an 11% increase year-over-year. The company's operating income reached a record $333 million, up 12% from the previous year, with operating margin expanding to 21.7%.

Segment performance showed significant growth in multiple areas: Auto OEM led with 31% growth, Outdoor increased 20%, Fitness grew 12%, and Aviation rose 3%. Only the Marine segment saw a slight decline of 2%. The company maintained its full year 2025 EPS guidance of $7.80 and updated revenue expectations to $6.85 billion.

Notable achievements include recognition as one of the Top 10 Most Trustworthy Companies in America and multiple aviation and marine supplier awards. Key product launches included the vívoactive 6 smartwatch, Instinct 3, and Force Pro trolling motor. The company ended Q1 with approximately $3.9 billion in cash and marketable securities.