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Garmin GRMN EMEA — Revenue

Other geography segments

Americas
$821.63M+10.2%
Asia Pacific
$275.02M+24.8%

Similar metrics at other companies

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$698M+18.5%
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ILMNEurope Middle East And Africa — Revenue (Gross)
$210M+8.2%
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PLEMEA — Revenue
$35.05M+86.0%
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IPEMEA — Revenue (Gross)
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FFIVEMEA — Revenue (Gross)
$136.55M-0.3%
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FFIVEMEA — Revenue from contract with customer, excluding assessed tax
$260.86M+21.9%

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 EMEA — revenue?
Garmin (GRMN) reported EMEA — revenue of $656.84M in Q1 2026.
How has Garmin's EMEA — revenue changed year-over-year?
Garmin's EMEA — revenue increased by 15.4% year-over-year, from $568.95M to $656.84M.
What is the long-term trend for Garmin's EMEA — revenue?
Over 2 years (2021 to 2023), Garmin's EMEA — revenue has grown at a -2.3% compound annual growth rate (CAGR), from $1.86B to $1.78B.
What does EMEA — revenue mean?
The total sales revenue generated from customers in the EMEA region, excluding taxes.
How do you interpret EMEA — revenue?
An increase indicates growing market share or higher demand for products in the EMEA region, while a decrease suggests weakening regional economic conditions or increased competition.
How does EMEA — revenue compare across companies?
Comparable to regional net revenue figures reported by multinational hardware and consumer electronics companies.