GRMN
Garmin Ltd
NYSE: GRMN · TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS
$251.14
-0.77% today
Updated 2026-04-30
Market cap
$48.43B
P/E ratio
28.00
P/S ratio
6.68x
EPS (TTM)
$8.97
Dividend yield
—
52W range
$181 – $273
Volume
0.9M
Garmin Ltd (GRMN) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
8 of 8
Last 8 quarters
Avg EPS surprise
+8.8%
Last 4 quarters
Revenue YoY growth
+16.6%
Most recent quarter
EPS YoY growth
+15.8%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
-3.0%
Last 3 reports
Positive reaction rate
33%
1 of 3 quarters
Largest single-day move
-13.3%
2025-10-29
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-18 | $2.79 | +16.3% | $216.98 | $239.80 | +10.5% |
| 2025-10-29 | $1.99 | +0.5% | $248.09 | $214.97 | -13.3% |
| 2025-07-29 | $2.17 | +16.7% | $236.36 | $221.49 | -6.3% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $2.40 | $2.79 | +16.3% | $2.12B | +16.6% |
| 2025-09-30 | $1.98 | $1.99 | +0.5% | $1.77B | +11.7% |
| 2025-06-30 | $1.86 | $2.17 | +16.7% | $1.81B | +20.4% |
| 2025-03-31 | $1.58 | $1.61 | +1.9% | $1.54B | +11.1% |
| 2024-12-31 | $2.02 | $2.41 | +19.2% | $1.82B | +22.9% |
| 2024-09-30 | $1.44 | $1.99 | +38.2% | $1.59B | +24.1% |
| 2024-06-30 | $1.44 | $1.58 | +9.7% | $1.51B | +14.1% |
| 2024-03-31 | $1.01 | $1.42 | +40.6% | $1.38B | — |
| 2023-12-31 | $1.40 | $1.72 | +22.9% | $1.48B | — |
| 2023-09-30 | $1.29 | $1.41 | +9.3% | $1.28B | — |
| 2023-06-30 | $1.41 | $1.45 | +2.8% | $1.32B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $9.57 | $8.1B | +12.2% | 6 | high |
| 2027 (E) | $10.37 | $8.8B | +8.8% | 6 | high |
| 2028 (E) | $11.40 | $9.7B | +9.5% | 6 | medium |
| 2029 (E) | $12.55 | $10.7B | +10.0% | 6 | medium |
| 2030 (E) | $13.80 | $11.7B | +10.0% | 6 | medium |
Frequently asked questions
Has Garmin Ltd beaten earnings estimates?
Garmin Ltd has beaten Wall Street EPS estimates in 8 of its last 8 quarterly reports, with an average EPS surprise of +8.8% over the last 4 quarters.
How does GRMN stock react to earnings?
GRMN stock has moved an average of -3.0% in the trading day following earnings over its last 3 reports, with positive reactions in 33% of those quarters.
What is Garmin Ltd's revenue growth rate?
Garmin Ltd reported year-over-year revenue growth of +16.6% in its most recent quarter, with EPS growing +15.8% year-over-year.
What is the expected EPS for GRMN in 2026?
Analysts expect Garmin Ltd to report EPS of $9.57 for fiscal year 2026, on revenue of $8.1B, based on estimates from 6 analysts.