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Garmin GRMN Americas — Revenue

Other geography segments

EMEA
$656.84M+15.4%
Asia Pacific
$275.02M+24.8%

Similar metrics at other companies

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ILMNAmericas — Revenue (Gross)
$473M+7.5%
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$969M+9.0%
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PTCAmericas — Revenue
$375.59M+28.3%
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MTDAmericas — Revenue from Contract with Customer, Excluding Assessed Tax
$389.34M+3.0%
Lattice Semiconductor logo
LSCCAmericas — Revenue
$18.79M-37.4%
IR
IROther Americas — Revenue
$141.6M-0.1%

Other financials

Income statement

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Revenue$1.8B+14.2%
Gross profit$1.0B+17.8%
Operating income$431.7M+29.7%
Net income$405.1M+21.7%
EPS (diluted)$2.09+21.5%

Balance sheet

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Cash & equivalents$2.3B+5.3%
Total debt$167.6M+19.5%
Total equity$9.3B+13.3%
Total assets$11.0B+11.9%

Cash flow

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Operating cash flow$536.0M+27.4%
CapEx$66.6M+66.3%
Free cash flow$469.4M+23.3%

Valuation

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Market cap$45.17B+6.9%
Enterprise value$43.04B+7.0%
P/E26×-2.8×
P/S6.1×-0.5×

Profitability

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Gross margin59.1%+0.6pp
Operating margin26.5%+1.2pp
Net margin23.3%+0.5pp
FCF margin19.4%+0.6pp

Returns & leverage

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Return on equity19.9%+0.9pp
Debt / equity0×0.0×
Current ratio4.4×+0.3×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Garmin's americas — revenue?
Garmin (GRMN) reported americas — revenue of $821.63M in Q1 2026.
How has Garmin's americas — revenue changed year-over-year?
Garmin's americas — revenue increased by 10.2% year-over-year, from $745.73M to $821.63M.
What is the long-term trend for Garmin's americas — revenue?
Over 2 years (2021 to 2023), Garmin's americas — revenue has grown at a 5.5% compound annual growth rate (CAGR), from $2.35B to $2.61B.
What does americas — revenue mean?
The total revenue earned from customers in the Americas region, excluding sales taxes.
How do you interpret americas — revenue?
An increase indicates growing market penetration or higher demand for products in the Americas, while a decrease suggests slowing sales or competitive pressure.
How does americas — revenue compare across companies?
Comparable to regional net revenue metrics reported by global hardware and consumer electronics companies.