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Garmin (GRMN)
NYSE:GRMN
US Market
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Garmin (GRMN) Revenue by Segment

1,688 Followers

Revenue by Segment

Analyzes revenue from different business segments, highlighting which areas drive growth and profitability, and where strategic focus may be needed.
Revenue mix is shifting toward Fitness as the primary growth engine, driving the company’s margin expansion and underpinning guidance; Outdoor remains lumpy and product‑cycle dependent with a tough comp delaying a rebound until H2, while Aviation and Marine provide steady contributions but Marine’s margin is being squeezed by tariffs. Auto OEM is a smaller, loss‑making contributor expected to decline near term. Strong cash and buybacks blunt near‑term risks, but rising component costs and elevated inventory are the main 2027 margin concerns.
Date
Auto
Fitness
Outdoor
Aviation
Marine
Jun 30, 2026
$172.41M$756.82M$482.74M$268.75M$341.37M
Mar 31, 2026
$170.28M$546.82M$417.53M$263.84M$355.02M
Dec 31, 2025
$160.36M$765.84M$627.61M$274.24M$296.91M
Sep 30, 2025
$164.84M$601.01M$497.60M$240.44M$267.00M
Jun 30, 2025
$170.15M$605.42M$490.36M$249.37M$299.26M
Mar 31, 2025
$169.33M$384.72M$438.50M$223.11M$319.44M
Dec 31, 2024
$165.75M$539.30M$629.37M$236.88M$251.26M
Sep 30, 2024
$168.71M$463.89M$526.55M$204.63M$222.24M
Jun 30, 2024
$147.19M$428.40M$439.87M$218.25M$272.95M
Mar 31, 2024
$128.97M$342.89M$366.19M$216.85M$326.74M