Garmin Stock Price, News & Analysis

Garmin (NYSE: GRMN) has achieved FAA certification for its Autoland and Autothrottle systems for select G1000 NXi-equipped Beechcraft King Air 350 aircraft. The Autothrottle system reduces cockpit workload by managing aircraft speed and power, while providing engine protection. The revolutionary Autoland system can autonomously control and land the aircraft in emergencies without human intervention.

The certification marks the largest aircraft to date equipped with Autoland, representing the eleventh aircraft model certified with this technology. The upgrade also includes enhanced features like Synthetic Vision Technology with 3D airport views, GWX 8000 StormOptix weather radar, and FAA Data Comm for text-based air traffic control communications.

Garmin (NYSE: GRMN) has announced strategic collaborations with leading brands for its inaugural Garmin Marathon Series. The partnerships include Brooks, Dexcom, Maurten, Shokz, and Therabody, who will provide various activations and support during the events.

The series kicks off in Toledo, Ohio on September 21, 2025, followed by Tucson, Arizona. Each event will feature four race distances: a Boston Marathon qualifier full marathon, USATF-certified half marathon, 10K, and 5K. Participants will benefit from Brooks-branded running shirts, Maurten gels at aid stations, Therabody recovery zones, and dedicated cheer stations from various partners.

The marathon series represents Garmin's first wholly owned and produced running events, marking a significant expansion into event organization for the fitness technology company.

Garmin (NYSE:GRMN) reported exceptional Q2 2025 results with record revenue of $1.81 billion, up 20% year-over-year. The company achieved significant margin expansion with gross margin reaching 58.8% and operating margin increasing to 26.0%. Operating income grew 38% to a record $472 million, with GAAP EPS of $2.07 and pro forma EPS of $2.17.

All five segments delivered double-digit growth, led by Fitness (+41%), Auto OEM (+16%), Aviation (+14%), Outdoor (+11%), and Marine (+10%). The company maintains a strong financial position with $3.9 billion in cash and marketable securities. Based on strong H1 2025 performance, Garmin raised its full-year guidance, now expecting revenue of $7.1 billion and pro forma EPS of $8.00.

Garmin (NYSE: GRMN) has announced the acquisition of MYLAPS, a Dutch company specializing in sports timing and performance analysis technology. MYLAPS, founded in 1982 and headquartered in Haarlem, Netherlands, provides integrated timing, live tracking, and performance analysis solutions for running, cycling, motor sports, and equine competitions.

The acquisition brings over 200 full-time employees to Garmin and expands its presence across North America, Europe, Asia, and Australia. While financial terms were not disclosed, the strategic acquisition aims to enhance Garmin's performance-focused training and race-day technology offerings. MYLAPS serves elite brands and race management companies globally with data-driven technology solutions.

Garmin (NYSE: GRMN) has introduced two new distance measuring equipment (DME) solutions - the GDM 4500 and GDM 450R. These digital remote-mount DME radios enable pilots to track multiple DME stations simultaneously and provide slant-distance information on select Garmin flight decks.

The GDM 450R is designed for Part 23 general aviation aircraft, while the GDM 4500 features enhanced environmental hardening for turbine aircraft and helicopters. Both products offer cost-effective DME capability upgrades and support DME-DME Area Navigation. The solutions are expected to be available in Q3 2025.

Garmin (NYSE: GRMN) has unveiled the Descent S1 Buoy, a groundbreaking diving safety device priced at $2,499.99. This innovative buoy leverages Garmin's proprietary SubWave sonar networking to enable communication and tracking between surface crews and up to eight underwater divers within a 100-meter range.

The device integrates with compatible Garmin dive computers, allowing divers to navigate back to the buoy, exchange preset messages with the surface crew, and monitor vital data like tank pressure. The 2-pound waterproof buoy features a rechargeable battery lasting up to 15 hours and connects to the Garmin Dive app via Wi-Fi for comprehensive dive monitoring and post-dive analysis.

Garmin (NYSE: GRMN) has announced the integration of Google Maps into its smartwatch ecosystem through the Connect IQ Store. The free app provides turn-by-turn navigation for compatible Garmin devices, including select Venu, Forerunner, vívoactive, and fenix models.

The integration allows users to receive navigation notifications on their smartwatches after setting destinations on their Android smartphones. Key features include hands-free navigation with gentle vibration alerts, the ability to view upcoming turns, and simultaneous activity tracking. Users can also sync their fitness data from Garmin Connect to other Android health apps via Health Connect.

Garmin (NYSE: GRMN) has launched the Force Current, an innovative kayak trolling motor featuring the industry's first hands-free wireless throttle and steering control system. The motor delivers 50 pounds of thrust with 24V power or 30 pounds with 12V power, and will be available in July priced at $3,599.99 with foot pedals or $2,999.99 without.

The Force Current includes advanced features such as wireless chartplotter integration, smart anchor lock technology, and compatibility with Garmin smartwatches. The lightweight motor weighs less than 25 pounds and is designed for both saltwater and freshwater environments, featuring advanced corrosion protection and two prop options.

Garmin (NYSE: GRMN) has scheduled its second quarter 2025 earnings conference call for Wednesday, July 30, 2025, at 10:30 a.m. EDT. The company will release its earnings report before the market opens on the same day.

Shareholders and investors can access the live webcast through Garmin's investor relations website. U.S. and Canadian participants and analysts who wish to participate in the Q&A session can dial 1.888.500.3691. The webcast archive will remain available until July 29, 2026.