Craft

Garmin

Stock Price

$166.3

2024-10-29

Market Capitalization

$34.5 B

2024-08-26

Revenue

$7.2 B

FY, 2025

Garmin Summary

Company Summary

Overview
Garmin is a company that manufactures and distributes GPS-enabled products. Its business is divided into five segments: Fitness, Outdoor, Aviation, Marine, and Auto OEM. The Fitness segment offers running and multi-sport watches, cycling computers, power meters, bike radars, activity tracking devices, etc. The Outdoor segment provides adventure watches, dog tracking and training devices, outdoor handhelds, and golf devices. The Aviation segment includes integrated flight decks, electronic flight displays and instrumentation, audio control systems, and other products. The Marine segment offers chart plotters and multi-function displays, cartography, fishfinders, autopilot systems, etc. The Auto OEM segment consists of original equipment manufacturer solutions such as embedded computing models, infotainment systems, embedded navigation, etc.
Type
Public
Status
Active
Founded
1989
HQ
Olathe, KS, US | view all locations
Website
https://www.garmin.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Clifton Pemble

    Clifton Pemble, President and CEO, Director

  • Min Kao

    Min Kao, Executive Chairman

    • Douglas Boessen

      Douglas Boessen, Chief Financial Officer and Treasurer

    • Joshua Maxfield

      Joshua Maxfield, Vice President, General Counsel & Secretary

    Operating MetricsView all

    Trademarks

    1.2K
    7.4%

    FY, 2023

    Products Delivered

    282M
    6.0%

    FY, 2023

    Products Delivered per Year

    16M
    6.7%

    FY, 2023

    LocationsView all

    35 locations detected

    • Olathe, KS HQ

      United States

      1200 E 151st St

    • Salem, OR

      United States

      2345 Turner Rd SE

    • Marsden Park, NSW

      Australia

      19 Hawthorne Ave

    • Oberpremstätten, Steiermark

      Austria

      Seering 7

    • Brussels, Bruxelles

      Belgium

      Av. des Olympiades 2

    • Cochrane, AB

      Canada

      30 Bow St #124

    and 29 others

    Garmin Financials

    Summary Financials

    Revenue (Q1, 2026)
    $1.8B
    Gross profit (Q1, 2026)
    $1.0B
    Net income (Q1, 2026)
    $405.1M
    Cash (Q1, 2026)
    $2.3B
    EBIT (Q1, 2026)
    $431.7M
    Enterprise value
    $32.4B

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