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Garmin Ltd. (GRMN) is a technology company in the satellite navigation equipment production industry, based in Schaffhausen, Switzerland, with about 23,000 full-time employees.
It reported revenue of $7.25 billion for fiscal year 2025, up 15.1% from fiscal year 2024, and net income of $1.66 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $2.02 billion, up 11.4% from a year before. Its largest business segment, Fitness, brought in 33% of segment revenue in fiscal year 2025; Americas was the largest region with 48%. Its market capitalization was $51.75 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
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.
Garmin reported $7.25 billion in revenue for fiscal year 2025, up 15.1% from $6.30 billion in fiscal year 2024. In Q2 2026 revenue was $2.02 billion.
Fitness, with $2.36 billion or 33% of segment revenue in fiscal year 2025. Next: Outdoor (28%) and Marine (16%).
Americas: 48% of revenue by region in fiscal year 2025, followed by Europe, The Middle East and Africa (38%).
$51.75 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (satellite navigation equipment production) include Track Group, Inc. (TRCK), MetAlert, Inc. (MLRT).