GRMN Q4 2025 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$46B

Q4 2025 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2.1B+16.6% YoY

Gross Profit

$1.3B59.2% margin

Operating Income

$614M28.9% margin

Net Income

$529M24.9% margin

EPS (Diluted)

$2.73

QoQ Revenue Growth

+20.0%

Cash Flow

Operating Cash Flow

$554M

Free Cash Flow

$430M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$11.0B

Total Liabilities

$2.0B

Stockholders' Equity

$9.0B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.8B	+16.6%
Gross Profit	$1.3B	$1.1B	+16.5%
Operating Income	$614M	$516M	+19.0%
Net Income	$529M	$436M	+21.3%

Revenue Segments

Fitness

$766M36%

Outdoor

$628M30%

Marine Segment

$297M14%

Aviation

$274M13%

Automotive Mobile

$160M8%

Geographic Segments

Americas

$1.0B49%

EMEA

$803M38%

Asia Pacific

$288M14%