GARMIN LTD 8K

Garmin Ltd. announced record Q2 2026 results with double-digit revenue and EPS growth, completed strategic acquisitions, raised full-year 2026 guidance, and updated its dividend payment schedule.

On July 29, 2026, Garmin Ltd. reported record second quarter 2026 financial results, highlighted by 11% year-over-year revenue growth to approximately $2.02 billion, significant gross and operating margin expansion to 62.4% and 30.4% respectively, and a 29% increase in pro forma diluted EPS to $2.81, driven by strong performance across all segments, particularly fitness. The company also disclosed completion of its strategic acquisitions of TrainingPeaks and TrainHeroic, the launches of several new products including the AXIS flight display family and CIRQA Smart Band, and raised its full-year 2026 guidance to approximately $8.05 billion in revenue and $10.00 in pro forma EPS. Garmin generated robust operating and free cash flow, continued returning capital via dividends and share repurchases under its $500 million buyback program, and provided an updated schedule for future dividend installments approved by shareholders, confirming the next $1.05 per share payment on September 25, 2026, with additional payments anticipated in December 2026 and March 2027.

Filing Facts

CIK

1121788

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-322113

Alert Tier

7