Optimize time on the track with the cutting-edge Garmin Catalyst 2

Rhea-AI Summary

Garmin (NYSE: GRMN) unveiled the Garmin Catalyst 2 on Feb. 17, 2026, a compact racetrack performance optimizer available Feb. 20, 2026 with a suggested retail price of $1,199.99. The device offers True Optimal Lap video, real-time audio coaching, 25 Hz multi-GNSS positioning and Vault cloud storage.

Features include a built-in camera, 3-inch display, drag-timer, 1440p video with data overlays, post-session analysis via the Garmin Catalyst app and leaderboards for driver comparison.

Positive

• Available Feb 20, 2026 at a set retail price of $1,199.99
• True Optimal Lap splices best achievable lines into one composite lap video
• Enhanced accuracy via 25 Hz multi-GNSS plus inertial sensors and image processing
• Drag timer records 0-60, 1/8-mile and 1/4-mile times
• Vault cloud storage for automatic save and easy sharing with an active plan

Negative

• Premium price of $1,199.99 may be costly for casual drivers
• Subscription dependency — Vault requires an active plan to retain videos
• Connectivity requirement — some features need an active internet connection
• Use restrictions — device intended for circuit use only; not for public roads

News Market Reaction

+1.04%

26 alerts

+1.04% News Effect

+12.3% Peak in 2 hr 33 min

+$508M Valuation Impact

$49.31B Market Cap

0.2x Rel. Volume

On the day this news was published, GRMN gained 1.04%, reflecting a mild positive market reaction. Argus tracked a peak move of +12.3% during that session. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $508M to the company's valuation, bringing the market cap to $49.31B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Retail price: $1,199.99 Availability date: Feb. 20, 2026 Display size: 3-inch +5 more

8 metrics

Retail price $1,199.99 Garmin Catalyst 2 suggested retail price

Availability date Feb. 20, 2026 Garmin Catalyst 2 online availability on garmin.com

Display size 3-inch Garmin Catalyst 2 bright display size

Video resolution 1440p High-definition video with data overlays

GNSS frequency 25 Hz Multi-GNSS positioning update rate for track recording

Drag metrics 0–60 mph, 1/8 & 1/4 mile Drag racing timer distance and speed milestones tracked

Stock price move 5.67% GRMN 24h price change around Catalyst 2 announcement

Market cap $41,301,976,240 Market capitalization prior to news reaction completing

Market Reality Check

Price: $237.46 Vol: Volume 1,556,567 is about...

high vol

$237.46 Last Close

Volume Volume 1,556,567 is about 1.56x the 20-day average 997,251, indicating elevated interest ahead of/around this product news. high

Technical Shares at $214.74 trade slightly below the 200-day MA at $216.65 and about 17.94% under the $261.69 52-week high, while sitting roughly 26.87% above the $169.26 52-week low.

Peers on Argus

GRMN’s +5.67% move stands out versus peers, which show modest mixed action: KEYS...

1 Down

GRMN’s +5.67% move stands out versus peers, which show modest mixed action: KEYS +1.53%, TDY +2.05%, FTV +1.43%, TRMB +0.23%, while COHR is down 2.15%. Momentum data flags only COHR with downside activity, reinforcing a stock-specific reaction for GRMN tied to its own news.

Historical Context

5 past events · Latest: Feb 10 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 10	Aviation expansion	Positive	+1.2%	Acquisition of Mesa aviation facility to support certification and flight testing.
Feb 03	Cycling product launch	Positive	-2.8%	Launch of brighter, longer-range Varia RearVue 820 radar tail light.
Jan 20	Golf watch launch	Positive	-5.2%	Introduction of Approach J1 GPS watch targeted at junior golfers.
Jan 20	Golf handheld launch	Positive	-5.2%	Rollout of Approach G82 golf handheld with launch monitor and putting metrics.
Jan 20	Rangefinder launch	Positive	-5.2%	Debut of Xero L60i laser rangefinder with long-range GNSS-enabled optics.

Pattern Detected

Recent product and expansion announcements often drew muted or negative next-day moves, making today’s strong positive reaction a break from the prevailing pattern of divergence on generally positive news.

Recent Company History

Over the past months, Garmin has focused on expanding its product portfolio and infrastructure. On Jan 20, it launched multiple golf and outdoor devices at price points from $599.99 to $2,499.99, which were followed by -5.23% next-day moves. A new cycling radar tail light on Feb 3 saw a -2.75% reaction. By contrast, the Feb 10 aviation facility expansion in Mesa correlated with a +1.16% move. Today’s motorsports-focused Catalyst 2 launch fits this ongoing innovation theme but with a stronger positive price response.

Market Pulse Summary

This announcement highlights Garmin’s continued push into performance-oriented niche electronics wit...

Analysis

This announcement highlights Garmin’s continued push into performance-oriented niche electronics with the Catalyst 2, combining on-track coaching, 1440p video overlays and 25 Hz multi-GNSS data for motorsports drivers. It follows recent launches in golf and cycling, underscoring a steady innovation cadence. Investors may focus on how this higher-end product at $1,199.99 expands Garmin’s addressable market, adoption among track enthusiasts, and how such devices contribute to broader segment growth alongside recent aviation facility expansion.

Key Terms

multi-gnss, accelerometers, gyroscopes, drag racing timer, +2 more

6 terms

multi-gnss technical

"image processing and 25 Hz multi-GNSS positioning for recording the most precise..."

Multi-GNSS describes devices or systems that use signals from more than one global navigation satellite system (for example GPS, Galileo, GLONASS or BeiDou) to determine location and time. Like consulting several clocks or maps at once to get a more reliable reading, combining multiple satellite constellations improves positioning accuracy, coverage and resistance to signal loss or interference — qualities that matter to investors because they can make products and services more competitive, dependable and marketable.

accelerometers technical

"Refined True Track Positioning™ uses built-in accelerometers, gyroscopes, image..."

Accelerometers are small sensors that detect motion, tilt, and vibration by measuring changes in speed or orientation, like a tiny digital spirit level inside a device. They matter to investors because these sensors enable key features in smartphones, wearables, medical monitors, automotive safety systems and industrial equipment, so their performance, cost and supply affect product capabilities, market demand and a company’s competitive edge.

gyroscopes technical

"Refined True Track Positioning™ uses built-in accelerometers, gyroscopes, image..."

Gyroscopes are devices that use a rapidly spinning mass or precise motion sensors to detect and maintain orientation and stability, like a spinning top that resists tipping. Investors watch gyroscope technology because it is a core component in products that require accurate navigation and motion control—drones, smartphones, vehicles and satellites—so advances or supply disruptions can affect product performance, market demand, manufacturing costs and competitive advantage.

drag racing timer technical

"With the new drag racing timer, race enthusiasts can record drag racing times..."

A drag racing timer is an electronic device that precisely records a car’s elapsed time, reaction time and trap speed over a short, straight acceleration run—think of it as a high-precision stopwatch and speedometer combined for drag races. Investors care because such timers are a commercial product and service: they drive sales to teams and events, create recurring revenue for event operators and service providers, and signal a company’s reputation for accuracy and reliability, which affects customer trust and competitive advantage.

vault storage technical

"Vault storage: With an active Vault plan, optimal and best lap videos are..."

A secure place where valuable assets are kept under tight physical or electronic protection — for physical items, a highly fortified, insured facility like a bank safe-deposit or vault; for digital assets, offline or air-gapped systems that store encryption keys and cryptocurrencies. Investors care because where and how assets are stored affects the risk of theft, loss, regulatory compliance, insurance costs and a company’s ability to access or move those assets, similar to choosing a safe in your home versus a bank vault.

wi-fi technical

"Requires an active internet connection; Wi-Fi recommended."

Wireless networking technology that lets devices connect to the internet and each other without cables, acting like an invisible bridge between phones, computers, sensors and routers. Investors care because Wi‑Fi influences how products and services are used, how much equipment and infrastructure companies must build or upgrade, and where revenue or costs may shift — stronger or wider Wi‑Fi can boost customer engagement, enable new services, and create security and regulatory risks that affect valuations.

AI-generated analysis. Not financial advice.

All-in-one racetrack driving performance optimizer provides on-track coaching and off-track analysis to help drivers reach their pinnacle

OLATHE, Kan., Feb. 17, 2026 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the Garmin Catalyst^™ 2, a compact motorsports device that helps high-performance drivers find faster times on the track¹. Designed with a bright 3-inch display and a built-in camera, Garmin Catalyst 2 easily mounts on the windshield and brings on-track coaching features to the cockpit, including Garmin's unique True Optimal Lap^™, which shows drivers their best achievable time with a composite video of lines they drove. It also features real-time audio cues and post-session comparison of performance data to help drivers see where they can gain time.

"We're excited to continue to serve the motorsports community with Catalyst 2 — a powerful, feature-packed performance optimizer that helps drivers realize their potential. Drivers can learn new insights every time they hit the track. It removes the guesswork and identifies their top areas to focus on for improvement." –Susan Lyman, Garmin Vice President Consumer Sales and Marketing

Ready to race

Garmin Catalyst 2 includes unique motorsports coaching features that can help drivers improve on the track. After a track session, drivers can open the Garmin Catalyst app on a compatible smartphone or tablet to review detailed performance analysis, driver comparison data and more.

• True Optimal Lap: Patented Garmin technology splices together a driver's best achievable time into a single video based on lines driven if all best lines had been driven on the same lap.
• On-track coaching: Receive real-time coaching with audio cues for speed, braking and more – heard through connected earbuds or the car stereo.
• Automatic data interpretation: See the top three opportunities for improvement after every session, allowing drivers to spend less time analyzing previous laps and more time on the track.
• Leaderboards: Drivers can see how they stack up against other drivers with best lap times sortable by session, day, year, car make or model.
• Video with data overlays: View graphic overlays on 1440p high-definition videos, which include track map, speed, delta time, G-G traction circle diagrams and more².
• Detailed performance data: See animated graphs², comprehensive driving information and friend comparisons.
• Enhanced data accuracy: Refined True Track Positioning^™ uses built-in accelerometers, gyroscopes, image processing and 25 Hz multi-GNSS positioning for recording the most precise racing line on the track.
• Vault storage: With an active Vault plan, optimal and best lap videos are automatically saved and accessible through the Garmin Catalyst app. This makes it easy for users to view and share videos and allows them to manually store laps or sessions for as long as their plan is active.

"As drivers, we want to know what to focus our attention on each time we go on track and how to execute it. That's one of Catalyst 2's superpowers. I also love that I always have my data with me, practically, because it's on my phone. I don't need to carry the Catalyst 2 device or laptop with me. It's all about making your data and video easy to access and easy to use – to make you an even better driver." — Ross Bentley, Pro Driver Coach

From road course to drag racing strip

With the new drag racing timer, race enthusiasts can record drag racing times and distance milestones. Participants can see their 0-60 mph time as well as 1/8-mile and 1/4-mile times.

Available to purchase on www.garmin.com starting Feb. 20, 2026, the Garmin Catalyst 2 driving performance optimizer has a suggested retail price of $1,199.99. Visit our website to learn more.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for adventurers, athletes, off-road explorers, road warriors and outdoor enthusiasts everywhere. Committed to developing products that enhance experiences, enrich lives and help provide peace of mind, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroom, email our media team, connect with @garminoutdoor on social, or follow our blog.

¹WARNING: This device is intended only for recreational use in a circuit environment. Never use this device on public roadways. Failure to follow this warning may result in accident, causing property damage, serious personal injury, or death. You are responsible for using this device in a safe and prudent manner.
²Requires an active internet connection; Wi-Fi recommended.

About Garmin: Garmin Ltd. (NYSE: GRMN) is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademarks and Garmin Catalyst, True Optimal Lap, True Track Positioning and Garmin Clarity are trademarks of Garmin Ltd. or its subsidiaries. Wi-Fi is a registered trademark of the Wi-Fi Alliance.

All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 28, 2024, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983), and the Quarterly Report on Form 10-Q for the quarter ended Sept. 26, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 001-41118). Copies of such Form 10-K and Form 10-Q are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

MEDIA CONTACTS:
Mike Cummings and Connor Hoffman
913-397-8200
media.relations@garmin.com

 

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SOURCE Garmin International, Inc.

FAQ

When can investors expect Garmin (GRMN) to start selling the Catalyst 2 and at what price?

Sales begin on Feb. 20, 2026 with a suggested retail price of $1,199.99. According to the company, the device will be purchasable on the Garmin website starting that date, positioning it as a premium motorsports accessory.

What is Garmin Catalyst 2's True Optimal Lap feature and how does it help drivers?

True Optimal Lap composes a driver's best achievable lap into one composite video. According to the company, it splices together the fastest lines driven into a single lap video so drivers can see ideal lines and targeted improvement areas.

Does the Garmin Catalyst 2 offer connectivity and cloud storage options for users?

Yes — Catalyst 2 supports Vault cloud storage and app-based review via internet connectivity. According to the company, optimal and best lap videos auto-save with an active Vault plan and are accessible through the Garmin Catalyst app.

What gameplay and timing features does the Garmin Catalyst 2 include for racers?

Catalyst 2 includes a drag racing timer plus 0-60, 1/8-mile and 1/4-mile time recording. According to the company, it also offers leaderboards, 1440p video overlays and real-time audio coaching for performance gains on track.

How does Garmin Catalyst 2 improve positional accuracy for lap recording (GRMN)?

Catalyst 2 uses 25 Hz multi-GNSS plus accelerometers, gyroscopes and image processing for refined track positioning. According to the company, this combination records a more precise racing line and enhances data overlays and analysis.

Are there usage limits or safety warnings investors should note about Garmin Catalyst 2?

The device is intended solely for recreational use in circuit environments and not for public roads. According to the company, misuse on public roadways may cause accidents and the product includes a specific safety warning about circuit-only use.