GRMN
Garmin LtdNYSE
Technology • Scientific & Technical Instruments
Factor tilt: Large-Cap Defensive
$285.57-0.29%
Close Nov 6, 2026
- Market cap
- $55.07B
- 1 month
- +6.4%
- 3 months
- -8.8%
- 1 year
- +39.0%
- 52-week range
- $187.10$313.16
- Dividend, last 12 mo
- $3.90 · 1.37% yield
- Last ex-date
- Sep 11, 2026 · $1.05
- Dividend growth
- 2 years in a row
- Short interest
- 2.0% of float3.3M shares · settled Oct 15, 2026 · +1.2% since Sep 30, 2026 · FINRA
Fundamentals · trailing 12 months to Sep 30, 2026
- Revenue
- $7.89B
- Net income
- $2.02B
- Free cash flow
- $1.4B
- Book value
- $9.55B
- Total debt
- $173.49M
- P/E
- 27.3×
- Price / sales
- 7×
- Price / book
- 5.8×
- FCF yield
- +2.5%
- Net margin
- +25.6%
EODHD (TTM) · as of Nov 6, 2026
End-of-day close from stored market data, not a live quote.
About Garmin Ltd
Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide.
Read more
It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Garmin Response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
- Website
- garmin.com
- Headquarters
- Schaffhausen, Switzerland
- Employees
- 23,000
- Listed
- Dec 12, 2000
- Fiscal year ends
- December
Company profile from EODHD, stored Oct 30, 2026.
Quarterly results
The last 8 fiscal quarters as reported (EODHD). Year over year compares the same quarter a year earlier.
| Quarter | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Sep 2026filed Oct 28, 2026 | $2.0B | +12.2% | 63.3% | $611.6M | $541.7M |
| Jun 2026filed Jul 29, 2026 | $2.0B | +11.4% | 62.4% | $615.5M | $541.9M |
| Mar 2026filed Apr 29, 2026 | $1.8B | +14.2% | 59.4% | $431.7M | $405.1M |
| Dec 2025filed Feb 18, 2026 | $2.1B | +16.6% | 59.2% | $614.2M | $528.7M |
| Sep 2025filed Oct 29, 2025 | $1.8B | +11.7% | 59.1% | $456.8M | $401.6M |
| Jun 2025filed Jul 30, 2025 | $1.8B | +20.4% | 58.8% | $472.3M | $400.8M |
| Mar 2025filed Apr 30, 2025 | $1.5B | +11.1% | 57.6% | $332.8M | $332.8M |
| Dec 2024filed Feb 19, 2025 | $1.8B | +22.9% | 59.3% | $516.1M | $435.7M |
Fiscal years · last 6
| Fiscal year | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Dec 2025filed Feb 18, 2026 | $7.2B | +15.1% | 58.7% | $1.9B | $1.7B |
| Dec 2024filed Feb 19, 2025 | $6.3B | +20.4% | 58.7% | $1.6B | $1.4B |
| Dec 2023filed Feb 21, 2024 | $5.2B | +7.6% | 57.5% | $1.1B | $1.3B |
| Dec 2022filed Feb 22, 2023 | $4.9B | -2.5% | 57.7% | $1.0B | $973.6M |
| Dec 2021filed Feb 16, 2022 | $5.0B | +19.0% | 58.0% | $1.2B | $1.1B |
| Dec 2020filed Feb 17, 2021 | $4.2B | +11.4% | 59.3% | $1.1B | $992.3M |
Short-interest history
FINRA reports open short positions for a settlement date. The publication date is later. These are reported positions, with a separate date for each observation.
Compare the reported short exposure around the dates you bought, sold or watched GRMN. A long position benefits from price rises; a short position benefits from falls. A change in these counts does not predict either move.
Settlement Oct 15, 2026
3,306,670 shares short
+39,473 shares (+1.2%) vs Sep 30, 2026
2% of the stored float. Published Oct 26, 2026.
Settlement Sep 30, 2026
3,267,197 shares short
+176,823 shares (+5.7%) vs Sep 15, 2026
2% of the stored float. Published Oct 9, 2026.
Settlement Sep 15, 2026
3,090,374 shares short
-62,009 shares (-2%) vs Aug 31, 2026
Share of float unavailable. Published Sep 24, 2026.
Settlement Aug 31, 2026
3,152,383 shares short
-209,629 shares (-6.2%) vs Aug 14, 2026
1.9% of the stored float. Published Sep 10, 2026.
Settlement Aug 14, 2026
3,362,012 shares short
-247,358 shares (-6.9%) vs Jul 31, 2026
2% of the stored float. Published Aug 25, 2026.
Settlement Jul 31, 2026
3,609,370 shares short
-312,512 shares (-8%) vs Jul 15, 2026
2.2% of the stored float. Published Aug 11, 2026.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records, up to six settlements from the last 240 days. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
See the recorded cash amounts and dates behind GRMN’s income, and the splits that change its share count. Dates below are stored event records, not confirmation of a payment to your account.
Cash-dividend records
USD 1.05 per share
Ex-dividend date: Dec 11, 2026 (future recorded date)
Recorded pay date: Dec 24, 2026 (pending)
Cash dividend · Polygon event record
USD 1.05 per share
Ex-dividend date: Sep 11, 2026
Recorded pay date: Sep 25, 2026 (past date)
Cash dividend · Polygon event record
USD 1.05 per share
Ex-dividend date: Jun 15, 2026
Recorded pay date: Jun 26, 2026 (past date)
Cash dividend · Polygon event record
USD 0.9 per share
Ex-dividend date: Mar 13, 2026
Recorded pay date: Mar 27, 2026 (past date)
Cash dividend · Polygon event record
USD 0.9 per share
Ex-dividend date: Dec 12, 2025
Recorded pay date: Dec 26, 2025 (past date)
Cash dividend · Polygon event record
USD 0.9 per share
Ex-dividend date: Sep 12, 2025
Recorded pay date: Sep 26, 2025 (past date)
Cash dividend · Polygon event record
Up to six Polygon cash-dividend events, including recorded ex-dates within the next 120 days. Amounts retain their recorded currency and decimal precision. Historical amounts are not restated to a common split basis, annualized, or converted to dollars.
For a long holding, compare the ex-date with when you held the shares and check the pay date against your broker’s cash history. Owning the stock today does not establish past entitlement. For a short holding, a dividend can create a payment obligation to the share lender.
Ex-dates and special dividend rules · Short-sale dividend obligations · Dividend data definitions
Split history
2 for 1 · forward split
Effective Aug 16, 2006
Each 1 pre-split share becomes 2 post-split shares.
Source: EODHD
Up to six stored split dates through Nov 7, 2026. Equivalent vendor ratios are combined; conflicting ratios are left out. This history may be incomplete.
A split changes the share count and per-share price basis; it does not by itself add investment value. Put your holding’s earlier and later share counts on the same basis before comparing them. This applies to both long shares and shares owed on a short position.
How stock splits workPortfolio context
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Smart money context
Holder IQ: MEDIUM
112 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Nov 3, 2026
Smart-money 13F trend: accumulating (heavy)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: bearish
Last trade: sell 79 days ago
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What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: bearish. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 0
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: bearish. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Largest 13-F holders · Q2 2026
1,016 filers reported a long position in GRMN for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
54.7%
of the 110M shares 13-F filers reported
Moves vs Q1 2026
6 added3 trimmed
1 not comparable
Net shares held
+2.8%
across the 9 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | $3.5B · 14.8M shares | 14.8M | -4% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | $2.5B · 10.7M shares | 10.7M | +0.8% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | $1.9B · 8.1M shares | 8.1M | +2.5% |
| 4 | STATE STREET CORP | $1.7B · 7.1M shares | 7.1M | +3.1% |
| 5 | Artisan Partners Limited Partnership | $1.3B · 5.3M shares | 5.3M | -4.1% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | $1.2B · 5M shares | 5M | +13.8% |
| 7 | FMR LLC | $805.9M · 3.4M shares | 3.4M | +57.7% |
| 8 | NORGES BANK | $471.9M · 2M shares | 2M | — |
| 9 | MORGAN STANLEY | $451.1M · 1.9M shares | 1.9M | +6.8% |
| 10 | ALLIANCEBERNSTEIN L.P. | $441.1M · 1.9M shares | 1.9M | -1.6% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign in5% holder filings (13D / 13G)
Holders of more than 5% of GRMN file with the SEC within days. A 13D holder may seek to influence the company; a 13G holder is passive. Each holder’s latest filing from the last three years.
| Filed | Holder | % of class |
|---|---|---|
| Oct 13, 2026 | KAO MIN H13G · passive · amended | 9.7% |
| Jul 9, 2026 | BURRELL JONATHAN13G · passive · amended | 4.85%under 5% |
| Apr 28, 2026 | VANGUARD CAPITAL MANAGEMENT LLC13G · passive | 6.36% |
| Mar 26, 2026 | VANGUARD GROUP INC13G · passive · amended | 0%under 5% |
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