← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Garmin converted broad product demand into 15% growth, higher profit, a 26% margin and strong free cash flow.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 15.1%OK
- Profitability — Net income grew 17.9% to $1.664B from $1.411BOK
- Cash flow — Free cash flow grew 10.0% to $1.363B from $1.239BOK
- Margins — Operating margin expanded 58 bps to 25.89%OK
- Accounting — Broad high-margin technology growthNote
- Insiders — 0 purchases and 18 salesWatch
Business
Garmin designs navigation, communications and sensor products for fitness, outdoor, aviation, marine and automotive markets.
Where the revenue comes from
Fiscal 2025, as GARMIN LTD reports it. History and quarterly detail are in the app.
- Fitness$2.4B
- Outdoor$2.1B
- Marine$1.2B
- Aviation$987.2M
- Auto Oem$664.7M
Leadership changes
From GARMIN LTD's own filings, the day they're filed.
- Patrick G. Desbois · co-Chief Operating Officers · appointmenteff. 2024-07-01
- Bradley C. Trenkle · co-Chief Operating Officers · appointmenteff. 2024-07-01
- Andrew R. Etkind · General Counsel · departureeff. 2024-07-01
Latest filings
- 8-K · Company announcement2026-07-29
- 10-Q · Quarterly report2026-07-29
- 8-K · Company announcement2026-06-08
- 8-K · Company announcement2026-04-29
- 10-Q · Quarterly report2026-04-29
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about GARMIN LTD, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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