Guidance Update

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Garmin's Q2 Earnings Beat Expectations, Revenues Increase Y/Y
ZACKS· 2025-08-01 00:36
Key Takeaways Garmin Q2 revenues rose 20% Y/Y to $1.81B, beating estimates on strength across Outdoor, Fitness and Aviation.Fitness revenues jumped 41% Y/Y to $605.4M, while gross margin expanded 150 bps to 58.8%.GRMN raised 2025 revenue guidance to $7.1B and EPS to $8.00, citing strong demand across product lines.Garmin Ltd. (GRMN) reported second-quarter 2025 pro forma earnings of $2.17 per share, which beat the Zacks Consensus Estimate by 10.7%. Moreover, the bottom line improved 37% on a year-over-year ...