Garmin Ltd.

Garmin Sets Oct. 28 Date for Q3 2026 Earnings Call

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Garmin Sets Oct. 28 Date for Q3 2026 Earnings Call

Schaffhausen, Switzerland – – September 23, 2026 -- Garmin Ltd. (NYSE: GRMN) will hold its third quarter 2026 earnings conference call on Wednesday, October 29, 2026, at 10:30 a.m. EDT, the company confirmed.

Garmin to release Q3 2026 results before market open on October 28

The earnings release will be distributed prior to the opening bell on the same day, ahead of the scheduled call with company executives.

Investors must register online to access dial-in details

Shareholders and investors seeking to join the call are required to register via the GRMN Q3 2026 Earnings Call Webcast page, after which they will receive dial-in information and a conference ID.

Live webcast will remain archived for one year

A live webcast of the call will be available through Garmin's investor relations website on the News & Events page, with an archived version accessible for twelve months following the event.

Garmin Q3 Operating Income Jumps 34% to $612M, Raises 2026 Outlook

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Garmin Q3 Operating Income Jumps 34% to $612M, Raises 2026 Outlook

Schaffhausen – October 29, 2026 -- Garmin Ltd. (NYSE: GRMN) posted record third-quarter operating income of $612 million, up 34% year on year, and raised its full-year 2026 guidance after revenue rose 12% to a record $1.99 billion.

Margins expand 420 basis points as tariff refunds add $33 million

Consolidated gross margin reached 63.3%, up 420 basis points, with higher margins in every segment. Garmin attributed the gain to favorable segment mix, lower product costs and about $33 million in refunds of previously paid tariffs. Operating margin was 30.8%. Pro forma EPS rose 39% to $2.76, while GAAP EPS was $2.80.

Operating expenses grew 10% to $646 million. R&D rose 9% on personnel costs, and SG&A rose 10% on personnel and advertising. The effective tax rate fell to 18.1% from 21.2%, which Garmin linked to higher expected U.S. deductions under tax legislation enacted in 2025 that took effect in 2026.