Form 8-K · Current report
Garmin 8-K, filed Jul 29, 2026
- Filed
- CIK
- 0001121788
- Accession no.
- 0001193125-26-322113
Summary
Garmin reported record second-quarter 2026 results for the period ended June 27, 2026, with revenue of about $2.02 billion (up 11% year over year) and record operating income of $616 million (up 30%), and raised its full-year 2026 guidance to roughly $8.05 billion in revenue and $10.00 in pro forma EPS. CEO Cliff Pemble said every business segment contributed to the results and that a strong first half gave the company confidence to raise guidance.
Key points
- Fitness segment revenue rose 25% to $756.8 million while outdoor segment revenue fell 2% to $482.7 million; aviation, marine and auto OEM revenue rose 8%, 14% and 1% respectively.
- Consolidated gross margin expanded 360 basis points to 62.4%, helped by approximately $21 million in refunds of previously paid tariffs.
- Garmin recently completed the acquisitions of TrainingPeaks and TrainHeroic and unveiled the CIRQA Smart Band and the AXIS family of flight displays.
- The board set September 25, 2026 as the payment date for the next $1.05 per-share dividend installment, with a September 11, 2026 record date.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition On July 29, 2026, Garmin Ltd. (“the Company”) issued a press release announcing its financial results for the fiscal second quarter ended June 27, 2026. A copy of the press release is attached as Exhibit 99.1. The information in Item 2.02 and Exhibit 99.1 to this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for the purposes of or otherwise subject to the liabilities under Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Unless expressly incorporated into a filing of Garmin Ltd. …
An excerpt of the text as filed with the SEC, cut for length.
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