Garmin Reports Strong Q1 2026 Earnings with Revenue Growth and Margin Improvements

Garmin (GRMN) reported Q1 2026 earnings with consolidated revenue of $1.75 billion, up 14%, and pro forma EPS of $2.08, up 29% year over year. The company saw significant margin improvements, with gross margin rising to 59.4% and operating margin increasing to 24.6%. The Fitness segment experienced strong growth, while the Outdoor segment faced a slight decline.

By Motley Fool Transcribing · Motley Fool · April 29, 2026, 17:43 UTC

Tickers: $GRMN

Topics: earnings financial performance profit revenue segments

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