GRMN Q2 2025 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$46B

Q2 2025 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$1.8B+20.4% YoY

Gross Profit

$1.1B58.8% margin

Operating Income

$472M26.0% margin

Net Income

$401M22.1% margin

EPS (Diluted)

$2.07

QoQ Revenue Growth

+18.2%

Cash Flow

Operating Cash Flow

$173M

Free Cash Flow

$127M

Stock-Based Comp.

$45M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$2.2B

Stockholders' Equity

$8.1B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.5B	+20.4%
Gross Profit	$1.1B	$863M	+23.7%
Operating Income	$472M	$342M	+38.1%
Net Income	$401M	$301M	+33.3%

Revenue Segments

Fitness

$605M33%

Outdoor

$490M27%

Marine Segment

$299M16%

Aviation

$249M14%

Automotive Mobile

$170M9%

Geographic Segments

Americas

$878M48%

EMEA

$677M37%

Asia Pacific

$259M14%