GARMIN LTD GRMN 76.44
Technology · NYSE · Data as of 2026-10-28
GARMIN LTD (GRMN) has delivered +10.2% annualized revenue growth, +11.9% earnings growth, and +6.5% dividend growth over 10 years of data. Ranked #163 of 1968 stocks overall and #19 of 362 in the Technology sector by Steady Score.
About GARMIN LTD
Company Overview
Garmin designs, develops and manufactures navigation, communication, sensor and information products for active and mobile users. Its devices and software serve five markets: fitness, outdoor, aviation, marine and automotive original equipment. The portfolio includes smartwatches, cycling computers, handheld navigators, avionics, marine electronics and systems integrated into vehicles. Consumers, aircraft owners, boaters and manufacturers use Garmin products worldwide.
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Business Model & Revenue
Garmin earns most revenue from hardware sold through retailers, distributors, dealers, direct online channels and original-equipment manufacturers. Product lines combine devices with embedded software, maps, sensors and companion applications; selected offerings also generate service or subscription revenue. The five operating segments address different replacement cycles and customers, reducing reliance on a single end market while making product launches and seasonal consumer demand important.
Key Facts & Market Position
Garmin controls much of its product process, including design, software development, manufacturing and distribution. Its technology base spans satellite positioning, sensors, wireless communication and specialized user interfaces, reused across consumer and professional markets. Aviation products face extensive certification requirements, while fitness and outdoor devices compete in faster-moving consumer categories with shorter product cycles.