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Garmin (GRMN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2025, Garmin (GRMN - Free Report) reported revenue of $1.81 billion, up 20.4% over the same period last year. EPS came in at $2.17, compared to $1.58 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.74 billion, representing a surprise of +4.41%. The company delivered an EPS surprise of +10.71%, with the consensus EPS estimate being $1.96.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Garmin performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Fitness: $605.43 million versus $513.54 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +41.3% change.
Net Sales- Outdoor: $490.36 million compared to the $519.45 million average estimate based on three analysts. The reported number represents a change of +11.5% year over year.
Net Sales- Auto OEM: $170.15 million versus $166.39 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +15.6% change.
Net Sales- Marine: $299.26 million compared to the $296.34 million average estimate based on three analysts. The reported number represents a change of +9.6% year over year.
Net Sales- Aviation: $249.37 million versus the three-analyst average estimate of $242.18 million. The reported number represents a year-over-year change of +14.3%.
Operating income (loss)- Fitness: $197.63 million versus $140.32 million estimated by three analysts on average.
Operating income (loss)- Outdoor: $157.88 million versus $185.99 million estimated by three analysts on average.
Operating income (loss)- Aviation: $63.38 million versus $55.4 million estimated by three analysts on average.
Operating income (loss)- Marine: $62.92 million versus the three-analyst average estimate of $58.3 million.
Gross profit- Auto OEM: $28.1 million versus the three-analyst average estimate of $35.62 million.
Gross profit- Fitness: $364.67 million versus the three-analyst average estimate of $298.72 million.
Gross profit- Outdoor: $324.43 million versus $332.14 million estimated by three analysts on average.
Shares of Garmin have returned +13.3% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Garmin (GRMN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2025, Garmin (GRMN - Free Report) reported revenue of $1.81 billion, up 20.4% over the same period last year. EPS came in at $2.17, compared to $1.58 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.74 billion, representing a surprise of +4.41%. The company delivered an EPS surprise of +10.71%, with the consensus EPS estimate being $1.96.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Garmin performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Garmin here>>>
Shares of Garmin have returned +13.3% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.