Garmin Ltd. (GRMN) Revenue by Segment

Executive TeamFinancialsSegments
Shareholders

Garmin revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 27, 2026), Garmin's largest business segment was Fitness, with $756.82 million or 37% of revenue, up 25.0% from a year earlier. Next: Outdoor (24%), Marine (17%) and Aviation (13%).

By region, Americas brought in 48%, EMEA brought in 38% and Asia Pacific brought in 14% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Fitness (+25.0%).

From company filings, in USD; latest quarter ended June 27, 2026; quarterly data from Q3 fiscal 2017.

GRMN logo

Garmin Ltd.

GRMNSwitzerland
Technology

Revenue breakdown

Fiscal quarters, from company filings

Garmin revenue by business segment, last 4 quarters

Business segmentQ2 FY26Q1 FY26Q3 FY25Q2 FY25Share
Fitness$756.8M$546.8M$601.0M$605.4M37%
Outdoor$482.7M$417.5M$497.6M$490.4M24%
Marine$341.4M$355.0M$267.0M$299.3M17%
Aviation$268.7M$263.8M$240.4M$249.4M13%
Auto OEM$172.4M$170.3M$164.8M$170.2M9%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Garmin revenue by region, last 4 quarters

RegionQ2 FY26Q1 FY26Q3 FY25Q2 FY25Share
Americas$979.4M$821.6M$795.6M$878.0M48%
EMEA$766.1M$656.8M$692.6M$677.4M38%
Asia Pacific$276.6M$275.0M$282.7M$259.1M14%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Garmin's business segments?

Fitness, Outdoor, Marine, Aviation and Auto OEM (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Garmin?

Fitness: $756.82 million, or 37% of revenue, in Q2 fiscal 2026.

Where does Garmin make its money?

By region in Q2 fiscal 2026: Americas (48%), EMEA (38%) and Asia Pacific (14%).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
LinkedInLinkedInXXYouTubeYouTube