Every 10-Q that Garmin (GRMN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GRMN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GRMN filings page.
Garmin Ltd. reported Q2 2026 net sales of $2,022,092, up 11% year over year, and net income of $541.9 million, with diluted EPS of $2.80. Gross profit increased to $1,262,022 and consolidated gross margin improved to 62% as all segments expanded margins.
Fitness led with 37% of revenue and 25% sales growth; marine grew 14%, aviation 8%, auto OEM 1%, while outdoor declined 2%. Operating income rose 30% to $615,508. First‑half operating cash flow reached $939,544, supporting a fiscal 2026 dividend of $4.20 per share and a $500,000 share repurchase program. About $21 million of tariff refunds added roughly 100 basis points to gross margin, and Garmin later acquired TrainingPeaks and TrainHeroic with immaterial impact.
Garmin Ltd. reported solid growth for the quarter ended March 28, 2026. Net sales rose 14% to $1.75 billion, driven mainly by a 42% increase in fitness revenue, 18% growth in aviation and 11% in marine, partially offset by a 5% decline in outdoor.
Gross profit increased 18% to $1.04 billion, and gross margin improved to 59%, helped by favorable foreign currency impacts. Operating income grew 30% to $431.7 million as higher sales outpaced 11% growth in operating expenses.
Net income reached $405.1 million, with diluted earnings per share of $2.09. Operating cash flow strengthened to $536.0 million, supporting ongoing quarterly dividends of $0.90 per share and a new share repurchase program authorizing up to $500 million of buybacks through 2028.
Garmin Ltd. filed its Q3 2025 report, showing higher sales and steady earnings. Net sales were $1.77 billion, up 12% year over year, with net income of $401.6 million and diluted EPS of $2.08. Operating income was $456.8 million and gross margin was 59%.
Fitness led segment sales at $601.0 million, followed by Outdoor $497.6 million, Marine $267.0 million, Aviation $240.4 million, and Auto OEM $164.8 million. The effective tax rate rose to 21.2% due to U.S. legislation affecting R&D cost capitalization. Year to date, net sales reached $5.12 billion and operating cash flow was $1.08 billion.
Cash, cash equivalents and marketable securities totaled approximately $3.9 billion. Inventories increased to $1.89 billion, reflecting strategic positioning. Shareholders approved a dividend of $0.90 per share per quarter in fiscal 2025 ($3.60 total). Under its 2024 repurchase program, the company bought 985 shares for $193.1 million, with $106.9 million remaining authorized.