Core Insights - Garmin, QuantumScape, and Synaptics are highlighted as three under-the-radar tech companies with significant growth potential and distinct market positions [1][2]. Garmin - Garmin achieved record FY2025 revenue of $7.245 billion, representing a 15% year-over-year increase, with all five business segments posting record results [1][2]. - The Fitness segment grew by 42% in Q4, and pro forma EPS for FY2025 was $8.56, exceeding estimates by 4.64% [2]. - The company has $4.10 billion in cash and marketable securities with zero debt, and it announced a 17% increase in its annual dividend to $4.20 per share, along with a new $500 million share repurchase program [2]. - FY2026 guidance anticipates revenue of $7.9 billion and pro forma EPS of $9.35 [2]. Synaptics - Synaptics reported Q2 FY2026 revenue of $302.5 million, up 13% year-over-year, marking five consecutive quarters of double-digit revenue growth [1][2]. - Core IoT product sales surged by 53% year-over-year, and non-GAAP EPS was $1.21, beating estimates of $1.17 [1]. - Operating cash flow increased by 163% year-over-year to $60 million in Q2, and the company repurchased $43.6 million of its own stock in the first half of FY2026 [1][2]. - Despite a recent stock pullback of 18.6% to $73.87, Synaptics continues to show strong fundamentals and direct exposure to the edge AI market [1]. QuantumScape - QuantumScape generated its first-ever customer billings of $19.5 million in FY2025 after opening its Eagle Line pilot production facility [1]. - The company expanded its PowerCo deal to 85 GWh of annual capacity and signed agreements with two additional major global automotive OEMs [1]. - Full-year 2025 net loss was $435 million, an improvement from $477.9 million in 2024, with total liquidity of $970.8 million and a cash runway extended through the end of the decade [1][2]. - CEO Siva Sivaram emphasized that the company is now in the commercialization phase, marking a significant inflection point in its journey [1].