The company projects record revenue and earnings per share for 2026, driven by recent acquisitions and strong Q2 performance.
Garmin Ltd. (GRMN) announced a 2026 revenue forecast of $8.05 billion and pro forma earnings per share of $10. The outlook follows a record Q2 2026, where consolidated revenue rose 11% to $2.02 billion and operating income surged 30% to $616 million.
Pro forma EPS climbed 29% to $2.81 in the quarter, reflecting strong demand across segments. The company attributed growth to its TrainingPeaks and TrainHeroic acquisitions, which expanded its fitness and training ecosystem.
Management highlighted consistent execution and innovation as key drivers behind the optimistic long-term targets.