$GRMN

Garmin 3Q 2026: Revenue $1.99B, EPS $2.8— 10-Q Summary

Garmin reported Q3 2026 revenue of $1.99B, up 12% YoY, with net income increasing 34.9% to $541.7M and EPS rising 34.6% to $2.8. Fitness led segment growth, while marine and auto OEM showed mixed results. Gross margins improved, but management cautioned about future memory-chip constraints.

Original reporting
Published Oct 28, 2026, 11:11 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 28, 2026, 11:22 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Garmin 3Q 2026: Revenue $1.99B, EPS $2.8— 10-Q Summary — source image
Decision brief

The 30-second read

$GRMNBullishHigh
01

Why it matters

Strong revenue and EPS growth suggest bullish sentiment for the stock.

02

Market read

First report of Garmin's quarterly results, offering fresh data for traders.

03

What to watch

Marine segment decline and auto OEM weakness may offset growth.

Relevance 8/10Novelty 9/10Timing: pre‑market today

Background

Garmin's Q3 2026 earnings release provides the latest financial performance.

Company-level read

Ticker impact

$GRMNBullishHigh confidence
Context

Garmin reported Q3 2026 revenue of $1.99B (+12% YoY) and EPS of $2.80, beating prior quarter.

Expected impact

likely upward pressure as the market prices in the earnings beat

Evidence & confidence

Revenue and EPS both rose sharply year‑over‑year, indicating improved performance and may trigger buying.

Market effects

Positive earnings may lift the consumer electronics and wearable tech sector.

U.S. market may see modest gains in related hardware stocks.

Limited to Garmin and its peers; no broad global effect.

Counterpoint

Margin pressure from memory‑chip constraints could temper upside.

Key entities

  • Garmin Ltd.

    U.S.-listed maker of GPS and wearable devices.

Related articles

$GRMNHighAI 8/10

Why is Garmin stock climbing today?

Garmin (GRMN) stock rose 2.0% in pre-market trading after reporting Q3 adjusted EPS of $2.76, beating estimates, and revenue of $1.99B in line with expectations. Gross margin expanded to 63.3% and operating income rose 34% YoY. The company raised FY2026 guidance to $8.15B revenue and $10.80 EPS, above consensus. Analyst Arete Research initiated coverage with a Buy rating and $335 target. Auto OEM segment revenue declined 20%, but other divisions offset the loss.

$GRMNHighAI 9/10

Garmin beats third quarter profit expectations, raises guidance

Garmin Ltd. (GRMN) reported Q3 adjusted EPS of $2.76, beating estimates by $0.37, with revenue of $1.99B meeting expectations. The company raised full-year guidance to $8.15B in revenue and $10.80 in adjusted EPS, exceeding analyst forecasts. Shares rose 2.99% in pre-market trading. Revenue grew 12% YoY, with fitness and outdoor segments leading growth.

$GRMNHighAI 8/10

Garmin announces third quarter 2026 results

GARMIN LTD (GRMN) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 Garmin announces third quarter 2026 results Company reports record third quarter operating results and raises full year guidance Schaffhausen, Switzerland / October 28, 2026 / PR Newswire – Garmin ® Ltd. (NYSE: GRMN), today announced results for the third quarter end