Garmin Ltd. reported fiscal third-quarter results ending September 26, 2026, with consolidated revenue reaching a record $1.99 billion, up 12% year-over-year. Operating income surged 34% to $612 million, driven by expanded gross and operating margins of 63.3% and 30.8%, respectively. GAAP diluted earnings per share were $2.80, a 35% increase from the prior year period. The company raised its full-year 2026 revenue guidance to approximately $8.15 billion and pro forma EPS to $10.80. Garmin also announced the payment of a quarterly dividend installment of $1.05 per share with a record date of December 11, 2026. The company designs and manufactures GPS-enabled devices for fitness, outdoor, aviation, marine, and automotive markets.
