Garmin Q3 GAAP diluted EPS jumps 35% to $2.80; Q3 revenue rises 12% to $1.99 billion
GRMN•Garmin’s third-quarter 2026 revenue rose 12% year over year to $1.99 billion, and GAAP diluted EPS increased 35% to $2.80. The company raised its FY26 revenue guidance to approximately $8.15 billion.
1. Quarterly results
Garmin reported third-quarter 2026 GAAP diluted earnings of $2.80 per share, up 35% year over year. Revenue climbed 12% to $1.99 billion, while operating income rose 34% to $611.65 million.
2. Guidance and products
The company raised its full-year FY26 revenue guidance to approximately $8.15 billion, citing performance through three quarters and a positive outlook for the remainder of the year. During the quarter, Garmin launched its fēnix 9 and fēnix 9 Pro adventure watch series.
