Garmin Ltd. filings document financial-result releases, proxy governance and capital actions for a Swiss-incorporated maker of GPS-enabled hardware and software. Form 8-K reports furnish quarterly and annual operating results with exhibit press releases covering revenue, margins, earnings per share, product highlights, dividends and share repurchase authorizations.
The company’s definitive proxy statement covers annual meeting matters, board and governance disclosures, shareholder voting mechanics and related proxy solicitation information. These filings also identify Garmin’s registrant status, exchange listing record and corporate domicile.
Garmin Ltd. director, President and CEO Clifton A. Pemble reported selling 4,029 registered shares of Garmin on July 29, 2026 at $300.00 per share in a sale described as an open market or private transaction, carried out pursuant to a Rule 10b5-1 trading plan adopted on March 3, 2026.
Following this transaction, Pemble directly holds 120,127 Garmin shares, which include 62,180 unvested shares from previously granted restricted stock unit awards and 81 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan. He also notes no longer having a reportable beneficial interest in 255 shares owned by his child that were included in prior reports.
A holder of GRMN common stock filed a notice of proposed sale, indicating plans to sell shares through UBS Financial Services, Inc. on the NYSE with an anticipated sale date of 07/29/2026. The shares were originally acquired from the issuer via a mix of RSU vesting and Employee Stock Purchase Plan (ESPP) purchases between 2017 and 2024, including 2,912 shares from an RSU vest on 12/15/2017 and multiple smaller ESPP acquisitions such as 191 shares on 06/25/2020 and 169 shares on 06/29/2023.
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 record second-quarter 2026 net sales of $2,022,092,000, up 11% year over year. Gross margin expanded to 62.4% and operating margin to 30.4%, driving operating income of $615,508,000, up 30%. Net income was $541,920,000, with GAAP diluted EPS of $2.80 and pro forma diluted EPS of $2.81, a 29% increase in pro forma EPS.
Fitness revenue grew 25%, Marine 14%, Aviation 8%, and Auto OEM 1% with a return to segment profitability; Outdoor declined 2%. Consolidated gross margin benefited from mix and about $21 million of tariff refunds. For the first half, operating cash flow was $939,544,000 and free cash flow $745,149,000. Cash and marketable securities totaled approximately $4.4 billion. The company paid $202 million in quarterly dividends and repurchased $43 million of shares.
Garmin raised full-year 2026 guidance to revenue of approximately $8.05 billion and pro forma EPS of $10.00, based on expected gross margin of 59.7%, operating margin of 27.0%, and a full-year tax rate of 16.5%. The company also highlighted the acquisition of TrainingPeaks and TrainHeroic and new product launches across Fitness, Outdoor, Aviation, and Marine.
Garmin Ltd: Min H. Kao and Yu‑Fan C. Kao report shared beneficial ownership of 18,667,740 Registered Shares, representing 9.68% of the class. The holdings are held through the M&F Trust (6,226,093 shares), revocable trusts for their children (11,927,217 shares) and the Kao Family Foundation (514,430 shares). Both report shared voting and dispositive power over all 18,667,740 shares and disclaim beneficial ownership of the Foundation’s shares.
Garmin Ltd. Schedule 13G/A: Jonathan Burrell reports beneficial ownership of 9,355,009 Registered Shares, representing 4.85% of the class.
The filing states large portions of the reported shares are held in trusts and related entities: 4,269,752 shares in grantor retained annuity trusts established by his mother (over which he asserts sole voting and dispositive power), 322,000 in The Judith M. Burrell Revocable Trust (shared power), and other trusts and LLCs. The statement discloses his voting and dispositive breakdown and that 9,136 shares are directly owned.
Garmin Ltd.'s Executive Chairman Min H. Kao reported charitable gifts of Garmin registered shares held indirectly. On June 11, 2026, entities associated with him made three bona fide gift transfers totaling 11,005 registered shares, including 4,235 shares held by the M&F Trust and two gifts of 3,385 shares each held "By Children." These shares were gifted to a charitable organization and involved no sale proceeds, with a reported transaction price of $0.00 per share. After the gifts, the filing shows indirect holdings of 6,226,093 registered shares for the M&F Trust and 11,927,217 and 11,930,602 registered shares in the two Children accounts, indicating substantial remaining positions.
Garmin Ltd. director Jonathan Burrell reported non-market transfers involving entities he helps oversee. On June 11, 2026, trusts and grantor retained annuity trusts associated with him made bona fide gifts totaling 644,000 Registered Shares, split into two gifts of 322,000 shares each.
These securities are held indirectly through multiple family trusts, GRATs, and LLCs where Burrell is a trustee or manager and often disclaims beneficial ownership beyond his pecuniary interest. He also reports direct ownership of 9,889 Registered Shares and unvested RSUs that can settle only in Registered Shares.