GRMN
NYSE · Technology · Hardware, Equipment & Parts · CH
Research · Oct 29, 2026
Hardware Procurement Shifts Toward Prepayment and Multiyear Supply Deals
Ericsson and five hardware peers are prepaying, stockpiling, signing multiyear supply deals, or repricing as AI demand tightens memory supply.
Research · Oct 29, 2026
Garmin (GRMN) Q3 2026 earnings: outdoor revenue up 20%, memory costs hit cash
Garmin Q3 2026 revenue rose 12% as fēnix 9 lifted outdoor sales 20% and gross margin hit 63.3%, but memory inventory cut its full-year free cash flow outlook to about $1.1 billion.
Research · Oct 19, 2026
[GRMN] Garmin: Q3 2026 earnings preview on fitness growth and memory costs
Garmin grew Q2 2026 revenue 11% to $2.02 billion at a 62.4% gross margin; Q3 tests whether Fitness growth can outrun rising memory chip costs.
Research · Sep 3, 2026
[GRMN] Garmin Thesis 2026: Fitness Surpasses Outdoor in Record Revenue Year
Garmin FY25 (Dec 31, 2025) at $7.25B revenue (+15%). NI $1.66B (+18%); EPS $8.59. Fitness $2.36B (+33%) now bigger than Outdoor $2.05B. Aviation $987M, Marine $1.18B, Auto OEM $665M (-$49M loss). FY26 guide $7.9B (+9%) and $2B+ OI; new $500M buyback + $4.20 dividend.