What is Garmin's marine — revenue?

Garmin (GRMN) reported marine — revenue of $341.37M in Q2 2026.

How has Garmin's marine — revenue changed year-over-year?

Garmin's marine — revenue increased by 14.1% year-over-year, from $299.26M to $341.37M.

What is the long-term trend for Garmin's marine — revenue?

Over 4 years (2021 to 2025), Garmin's marine — revenue has grown at a 7.8% compound annual growth rate (CAGR), from $875.15M to $1.18B.

What does marine — revenue mean?

This represents the total gross income generated from the sale of marine-specific hardware, software, and mapping data services to customers. It reflects the market demand for the company's nautical navigation and communication products, excluding any collected sales taxes.

Garmin (GRMN) Marine — Revenue

Screener

Other segment segments

Fitness

$756.82M+25.0%

Outdoor

$482.74M-1.6%

Aviation

$268.75M+7.8%

Auto Oem

$172.41M+1.3%

Similar metrics at other companies

SEBMarine — Revenue

$429M+5.9%

CIXMarine Components — Revenue

$10.67M+6.3%

NLMarine Components — Revenue

$10.27M+6.0%

KEXMarine Transportation — Revenue

$536.97M+9.0%

GELMarine transportation — Revenue

$80.94M+1.7%

VHI

VHIMarine Components — Revenue

$10.3M+7.3%

Other financials

Income statement

See full

Revenue$2.0B+11.4%

Gross profit$1.3B+18.3%

Operating income$615.5M+30.3%

Net income$541.9M+35.2%

EPS (diluted)$2.80+35.3%

Balance sheet

See full

Cash & equivalents$2.3B+12.6%

Total debt$178.0M+19.7%

Total equity$9.0B+11.1%

Total assets$11.4B+10.7%

Cash flow

See full

Operating cash flow$403.6M+133%

CapEx$127.8M+180%

Free cash flow$275.8M+116%

Valuation

See full

Market cap$58.35B+31.7%

Enterprise value$56.19B+32.6%

P/E31.1×+2.8×

P/S7.6×+1.1×

Profitability

See full

Gross margin60.1%+1.1pp

Operating margin27.6%+1.6pp

Net margin24.5%+1.3pp

FCF margin20.9%+4.2pp

Returns & leverage

See full

Return on equity21.9%+1.2pp

Debt / equity0×0.0×

Current ratio3×0.0×

Where this comes from

Reported directly by Garmin in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Garmin’s 10-Q, filed July 29, 2026.

Filed: Jul 29, 2026, 7:00 AM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001193125-26-322114

13-Weeks Ended June 27, 2026	Fitness	Outdoor	Aviation	Marine	Auto OEM	Total
Net sales	$756,823	$482,740	$268,749	$341,369	$172,411	$2,022,092
Cost of goods sold	276,100	150,421	66,778	132,405	134,366	760,070
Gross profit	480,723	332,319	201,971	208,964	38,045	1,262,022
Research and development expense	64,361	74,198	91,290	51,089	23,002	303,940
Selling, general and administrative expenses	139,323	94,538	38,515	58,027	12,171	342,574
Operating income (loss)	$277,039	$163,583	$72,166	$99,848	$2,872	$615,508
13-Weeks Ended June 28, 2025
Net sales	$605,425	$490,357	$249,366	$299,262	$170,154	$1,814,564

Item 1 - Condensed Consolidated Financial Statements

FAQ

What is Garmin's marine — revenue?: Garmin (GRMN) reported marine — revenue of $341.37M in Q2 2026.
How has Garmin's marine — revenue changed year-over-year?: Garmin's marine — revenue increased by 14.1% year-over-year, from $299.26M to $341.37M.
What is the long-term trend for Garmin's marine — revenue?: Over 4 years (2021 to 2025), Garmin's marine — revenue has grown at a 7.8% compound annual growth rate (CAGR), from $875.15M to $1.18B.
What does marine — revenue mean?: This represents the total gross income generated from the sale of marine-specific hardware, software, and mapping data services to customers. It reflects the market demand for the company's nautical navigation and communication products, excluding any collected sales taxes.