Founded in 1989 and headquartered in Schaffhausen, Switzerland, Garmin designs, develops, manufactures, and distributes GPS-enabled devices and navigation systems across consumer and professional markets. The company operates through four primary business segments: fitness, outdoor, aviation, and marine. Its fitness division encompasses smartwatches, running and cycling computers, sports monitors, and connected wellness platforms including Garmin Connect, a web and mobile ecosystem for tracking fitness data. The outdoor segment includes adventure watches, handheld GPS devices, satellite communicators, golf watches, dog tracking devices, and dive computers.
Garmin's aviation business manufactures integrated avionics solutions for general aviation aircraft, including flight displays, autopilot systems, traffic awareness systems, and navigational equipment. The marine segment produces chartplotters, fishfinders, sonar systems, autopilot solutions, radar systems, and communication radios for recreational boating. The company also develops automotive infotainment solutions, domain controllers, and related software and mapping databases across its portfolio.
With approximately 23,000 full-time employees, Garmin distributes its products globally through independent retailers, dealers, distributors, OEM partners, and direct online sales channels. The company maintains significant scale across consumer wearables, aviation aftermarket equipment, and marine electronics, serving end users in North America, Europe, Asia-Pacific, and other international markets.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $8.59 | $8.65 | +17.7% | |
| 2024 | $7.30 | $7.35 | +8.8% | |
| 2023 | $6.71 | $6.74 | +33.1% | |
| 2022 | $5.04 | $5.06 | -10.2% | |
| 2021 | $5.61 | $5.63 | +224.3% | |
| 2020 | $1.73 | $1.73 | -8.5% | |
| 2019 | $1.89 | $1.90 | +89.0% | |
| 2018 | $1.00 | $1.01 | +37.0% | |
| 2017 | $0.73 | $0.74 | -73.0% | |
| 2016 | $2.70 | $0.73 | +13.0% | |
| 2015 | $2.39 | $0.70 | +27.1% | |
| 2014 | $1.88 | $1.10 | -39.7% | |
| 2013 | $3.12 | $0.84 | +13.0% | |
| 2012 | $2.76 | $0.66 | +3.4% | |
| 2011 | $2.67 | $0.86 | -9.5% | |
| 2010 | $2.95 | $2.97 | -15.7% | |
| 2009 | $3.50 | $3.51 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-27 | 2026-02-18 | 0001193125-26-056028 | SEC ↗ |
| 2024-12-28 | 2025-02-19 | 0000950170-25-022760 | SEC ↗ |
| 2023-12-30 | 2024-02-21 | 0000950170-24-017559 | SEC ↗ |
| 2022-12-31 | 2023-02-22 | 0000950170-23-003566 | SEC ↗ |
| 2021-12-25 | 2022-02-16 | 0000950170-22-001303 | SEC ↗ |
| 2020-12-26 | 2021-02-17 | 0001564590-21-006192 | SEC ↗ |
| 2019-12-28 | 2020-02-19 | 0001564590-20-005133 | SEC ↗ |
| 2018-12-29 | 2019-02-20 | 0001615774-19-002739 | SEC ↗ |
| 2017-12-30 | 2018-02-21 | 0001615774-18-001344 | SEC ↗ |
| 2016-12-31 | 2017-02-22 | 0001615774-17-000765 | SEC ↗ |
| 2015-12-26 | 2016-02-17 | 0001615774-16-004243 | SEC ↗ |