Instinct 3 Tactical Edition

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Garmin(GRMN) - 2025 Q2 - Earnings Call Presentation
2025-07-30 14:30
Financial Performance - Consolidated revenue for Q2 2025 reached $181 billion, a 20% year-over-year increase[5] - Operating income for Q2 2025 was $472 million, a 38% year-over-year increase[7] - GAAP EPS for Q2 2025 was $207, a 33% year-over-year increase[18] - Pro Forma EPS for Q2 2025 was $217, a 37% year-over-year increase[18] Segment Performance - Fitness segment revenue for Q2 2025 was $605 million, a 41% year-over-year increase, with an operating income of $198 million[8] - Outdoor segment revenue for Q2 2025 was $490 million, an 11% year-over-year increase, with an operating income of $158 million[11] - Aviation segment revenue for Q2 2025 was $249 million, a 14% year-over-year increase, with an operating income of $63 million[12] - Marine segment revenue for Q2 2025 was $299 million, a 10% year-over-year increase, with an operating income of $63 million[14] - Auto OEM segment revenue for Q2 2025 was $170 million, a 16% year-over-year increase, with an operating income of -$10 million[16] Financial Position - Cash and marketable securities totaled $387 billion[23] Guidance - The company raised its 2025 revenue guidance to $71 billion[7,24]