Garmin schedules Q3 results: Garmin stock yields 1.58 percent
Published on 10/07/2026 at 09:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Garmin Ltd. (CH0114405324) was trading at EUR 248.60 at Lang & Schwarz on October 7, 2026 at 9:21 a.m. CEST, plus 0.24 percent versus the prior close of EUR 248.00. The company has scheduled its third-quarter 2026 earnings release and conference call for October 28, 2026, while its forward dividend yield stands at 1.58 percent.
October results date is set
According to Garmin on September 23, 2026, the company will distribute its third-quarter results before the market opens on October 28, 2026. The conference call is scheduled for 10:30 a.m. EDT on the same date.
The October release will test whether the second-quarter combination of stronger wearable demand and wider margins continued into the second half of 2026. Garmin's product portfolio spans fitness, outdoor, aviation, marine and automotive original-equipment markets, giving the results several operating drivers beyond smartwatches.
Q2 growth outpaced sales
Garmin generated USD 2.02 billion of revenue in the second quarter of 2026, up 11.40 percent year over year, while diluted earnings per share rose 35.30 percent to USD 2.80. Operating margin reached 30.40 percent, compared with 26.00 percent in the second quarter of 2025.
Financial Report Insights reports that second-quarter operating income rose 30.30 percent to USD 615.50 million and net income increased 35.20 percent to USD 541.90 million. The comparison matters because profit growth was more than three times the pace of revenue growth, pointing to product mix and cost leverage as the main earnings factors.
Garmin also raised its fiscal 2026 guidance to USD 8.05 billion of revenue and USD 10.00 of pro forma earnings per share, from USD 7.90 billion and USD 9.35, respectively. The same report puts second-quarter Fitness revenue at USD 756.80 million, up 25.00 percent year over year, making that segment a central indicator for the October update.
Valuation leaves less room for misses
Garmin's US listing is the NYSE, where the finance quote showed USD 279.21 on October 6, 2026 at 8:02 p.m. UTC, down 2.21 percent from USD 285.52. The 52-week range was USD 186.67 to USD 314.28, and market capitalization stood at USD 53.8 billion.
MarketScreener says Garmin's second-quarter operating margin reached 30.40 percent and that management raised fiscal 2026 revenue guidance to USD 8.05 billion. It also identifies memory costs, tariffs, currency movements and competition in premium wearables as risks to the margin outlook.
For investors, the key question is the quality of the guidance increase rather than revenue growth alone. A repeat of the second quarter's 35.20 percent net-income growth would support the premium valuation, while weaker margins or slower Fitness demand would put the USD 10.00 pro forma earnings target under greater scrutiny.
Stock trades near its yearly range
At Lang & Schwarz, Garmin stock was trading at EUR 248.60 on October 7, 2026 at 9:21 a.m. CEST, up EUR 0.60 or 0.24 percent versus the prior close of EUR 248.00. The further course of trading is shown by the continuously updated real-time quote of Garmin stock.
Garmin Ltd. stock facts
- Company: Garmin Ltd.
- ISIN: CH0114405324
- WKN: A1C06B
- Ticker: GRMN
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 7, 2026, 9:21 a.m. CEST: EUR 248.60
- Change versus prior close: plus 0.24 percent
- Prior close Lang & Schwarz October 6, 2026: EUR 248.00
- Market capitalization: USD 53.8 billion as of October 6, 2026
- 52-week range: USD 186.67-314.28 as of October 6, 2026
- Sector / Industry: Information Technology / Electronic Equipment, Instruments & Components
- Next earnings date: October 28, 2026
