
Garmin (GRMN) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Garmin (GRMN) last issued guidance on October 28, 2026 for fiscal year 2026. The company guided earnings per share in the range of $10.8 - $10.8, compared to a consensus EPS estimate of $10.12. Garmin also guided revenue in the range of $8.15B - $8.15B for the period.
Compared to prior guidance, Garmin raised its EPS outlook from a previous range of $10 - $10. On the revenue side, the company raised its revenue forecast from a prior range of $8.05B - $8.05B.
Garmin has issued 16 guidance updates between February 22, 2023 and October 28, 2026. During this period, the company raised its outlook 10 times, reflecting management's growing confidence in business performance.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.38 | $2.29 | $1.84 | $2.39 |
| Actual | $2.76 | $2.81 | $2.08 | $2.79 |
| Surprise | +16.0% | +22.7% | +13.0% | +16.7% |
| Revenue | ||||
| Estimate | $1.98B | $1.94B | $1.71B | $2.01B |
| Actual | $1.99B | $2.02B | $1.75B | $2.13B |
| Surprise | +0.17% | +4.49% | +2.28% | +5.76% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $3.09 | $2.24 | $2.67 | $2.75 |
| Revenue | ||||
| Consensus | $2.37B | $2.00B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 28, 2026 | $2.76 | $2.38 | 16.0 % |
| Q2 | Jul 29, 2026 | $2.81 | $2.29 | 22.7 % |
| Q1 | Apr 29, 2026 | $2.08 | $1.84 | 13.0 % |
| Q4 | Feb 18, 2026 | $2.79 | $2.39 | 16.7 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 28, 2026 | $1.99B | $1.98B | 0.17 % |
| Q2 | Jul 29, 2026 | $2.02B | $1.94B | 4.49 % |
| Q1 | Apr 29, 2026 | $1.75B | $1.71B | 2.28 % |
| Q4 | Feb 18, 2026 | $2.13B | $2.01B | 5.76 % |