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Garmin reports record Q2 revenue of $2.02 billion and raises full-year guidance

GRMNGarmin Ltd

Garmin Ltd. reported fiscal second quarter results ending June 27, 2026, with consolidated revenue reaching a record $2.02 billion, an 11% increase year-over-year. Operating income rose 30% to $616 million, and GAAP diluted EPS increased 35% to $2.80. The company raised its full-year 2026 guidance, now anticipating revenue of approximately $8.05 billion and pro forma EPS of $10.00. Garmin also announced the completion of strategic acquisitions for TrainingPeaks and TrainHeroic, alongside new product launches including the AXIS flight display family and CIRQA Smart Band.

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