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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]
Meet quatix 8: the most advanced purpose-built smartwatch for mariners from Garmin
Prnewswire· 2025-06-25 11:01
Core Insights - Garmin has launched the quatix® 8, a nautical smartwatch designed for mariners, featuring a built-in speaker and microphone for helm control and phone calls while on the water [1][6] - The smartwatch is available in two sizes, 47mm and 51mm, both equipped with a 1.4-inch AMOLED display and a durable design that includes a scratch-resistant sapphire lens and titanium bezel [1][4] - The quatix 8 boasts impressive battery life, lasting up to 16 days for the 47mm model and 29 days for the 51mm model [1] Product Features - The quatix 8 is designed to withstand tough conditions, meeting U.S. military standards for thermal and shock resistance, and includes an ambient light sensor for visibility in sunlight [4] - It is dive-rated up to 40 meters and features leakproof metal buttons and a sensor guard for protection during underwater activities [5] - The smartwatch allows users to navigate water, control Garmin chartplotter functions, and make calls via Bluetooth when paired with a compatible smartphone [6][10] Pricing and Availability - The quatix 8 is available now, with a suggested retail price of $1,199.99 for the 47mm model and $1,299.99 for the 51mm model [8] Company Background - Garmin is recognized as the world's largest marine electronics manufacturer and has been named Manufacturer of the Year by the National Marine Electronics Association for ten consecutive years [9]