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GRMN Earnings

Garmin Ltd
$
226.150
-1.74(-0.764%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings

Earning Analysis

Welcome to our in-depth analysis of Garmin Ltd(GRMN) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Garmin Ltd earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.

Earnings Forecast

Revenue
EPS
Currency: USD
Actual
Estimate

Surprise Analysis

Name
EPS
Revenue
Price Reaction
Fiscal QuarterEarning DateTimeEstimateActualSurprise%EstimateActualSurprise%1D5D
FY2025Q22025-07-30Pre-Market1.95--1.68B----
FY2025Q12025-04-30Pre-Market1.651.61-2.421.53B1.54B+0.42-8.44-6.83
FY2024Q42025-02-19Pre-Market1.942.41+24.231.69B1.82B+7.61+12.64+5.24
FY2024Q32024-10-30Pre-Market1.461.99+36.301.44B1.59B+9.84+23.25+22.83
FY2024Q22024-07-31-1.401.58+12.861.43B1.51B+5.10-4.51-8.16
FY2024Q12024-05-01-1.001.42+42.001.25B1.38B+10.18+13.12+17.64
FY2023Q42024-02-21-1.401.72+22.861.42B1.48B+4.54+8.82+9.73
FY2023Q32023-11-01-1.291.41+9.301.21B1.28B+5.39+10.73+11.87
FY2023Q22023-08-02-1.431.45+1.401.26B1.32B+4.57+1.30-1.34
-2023-05-03-1.001.02+2.00---+2.99+6.99

GRMN Earnings Analysis

Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Garmin Ltd reported performance for FY2025Q2, announced on 2025-07-30. The company achieved an EPS of , compared to analyst estimates of 1.95 by % . Revenue for the quarter reached 0.00 compared to expectations of 1.68B by % .
The stock price reacted with a % one-day change and a % five-day change following the earnings release. These movements reflect market reaction in Garmin Ltd growth trajectory and strategic initiatives.

GRMN Earnings Forecast

Looking ahead, Garmin Ltd(GRMN) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q2 project quarter revenue of 1.68B and an EPS of 1.86.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 0.48%, while EPS estimates have been Revise Upward by 0.35%. For the upcoming Q2 2025, revenue estimates have been adjusted Revise Upward by 0.35% . These revisions correlate with a 21.05% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Garmin Ltd long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.

Estimate Revision

The chart shows the correlation between GRMN's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward
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+0.48%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
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+0.35%
In Past 3 Month
Revenue Estimates for Q2 2025
Revise Upward
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+0.35%
In Past 3 Month
Stock Price
Go Up
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+21.05%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
--
Revenue Estimate-Annual FY 2025:6.86B
--
EPS Estimate-Annual FY 2025:7.95
Stock Price226.15

GRMN Revenue and EPS Performance: A Historical Perspective

Garmin Ltd revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q2 (2025-07-30,Pre-Market):
EPS: (Actual) vs.1.95 (Estimate) (%)
Revenue: 0.00 (Actual) vs. 1.68B (Estimate) (%)
Price Reaction: %(1-Day), %(5-Day)
FY2025Q1 (2025-04-30,Pre-Market):
EPS: 1.61 (Actual) vs.1.65 (Estimate) (-2.42%)
Revenue: 1.54B (Actual) vs. 1.53B (Estimate) (0.42%)
Price Reaction: -8.44%(1-Day), -6.83%(5-Day)
FY2024Q4 (2025-02-19,Pre-Market):
EPS: 2.41 (Actual) vs.1.94 (Estimate) (24.23%)
Revenue: 1.82B (Actual) vs. 1.69B (Estimate) (7.61%)
Price Reaction: 12.64%(1-Day), 5.24%(5-Day)
Earnings Reaction
The chart below shows how GRMN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GRMN sees a -6.25% change in stock price 10 days leading up to the earnings, and a +1.68% change 10 days following the report. On the earnings day itself, the stock moves by +6.66%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in MAR/2025, the stock changed -0.05% on the day following the earnings release and then changed by 7.34% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.

Transcript Summary

Garmin Ltd (GRMN) Q1 2025 Earnings Call Summary
Positive
2025-04-30
The earnings report shows strong financial performance with revenue growth across most segments, despite a slight decline in gross margin. The Q&A indicates no major demand weakness, and positive sentiment towards new product launches. The share repurchase program and dividend payments are favorable for shareholders. The overall sentiment remains positive, with potential for stock price increase due to optimistic guidance and strong earnings, despite some concerns about tariffs and marine segment performance.
Garmin Ltd. (GRMN) Q3 2024 Earnings Call Summary
Positive
2024-10-30
The earnings call summary reflects strong financial performance, with increased revenue and margins across segments, and improved guidance. The Q&A section reinforces confidence, with management addressing key growth drivers and market strategies. Despite some uncertainties in auto OEM and vague responses, the overall sentiment is positive, supported by optimistic guidance and strong segment growth. Additionally, the company has a solid liquidity position and is expanding its market share, particularly in marine and wearables.
Garmin Ltd (GRMN) Q2 2024 Earnings Call Summary
Positive
2024-07-31
The earnings call summary highlights strong financial performance with record revenue and operating income, alongside increased guidance. The Q&A section reveals optimism in fitness and marine segments, with new product categories like trolling motors contributing to growth. Despite some unclear management responses, the overall sentiment is positive due to strong demand, strategic acquisitions, and robust product lines. The announcement of reliable dividends and share buybacks further supports a positive outlook. Given these factors, a positive stock price movement of 2% to 8% is expected in the short term.

FAQ

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What were the key highlights of GRMN’s latest earnings report for FY2025Q2?

GRMN reported its FY2025Q2 earnings on 2025-07-30, showcasing a revenue of 0.00 against an estimate of 1.68B, resulting in a 0% surprise. The EPS was 0, surpassing the expected 1.95 by 0% . The stock experienced a 0% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.
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How did GRMN’s stock price react after the FY2025Q2 earnings release?

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What are the revenue and EPS estimates for GRMN for 2025/Q2?

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How does GRMN’s stock price correlate with earnings forecast revisions?

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What should investors expect from GRMN’s next earnings report?

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What is the sentiment in Garmin Ltd (GRMN) Q1 2025 Earnings Call Summary?