Consumer products
Price
$240.02
+1.00%Market Cap
$46.29B
Day High
$241.54
Day Low
$237.85
Garmin delivered a strong Q1 2026 with revenue of $1.75B (+14.2% YoY), operating income surging 29.7% to $432M, and diluted EPS of $2.09 (+21.5%), reflecting broad-based demand growth and meaningful margin expansion.
Key risk: Foreign Currency Exposure
Garmin operates globally and generates a significant portion of revenue outside the United States, making earnings sensitive to fluctuations in foreign exchange rates. A strengthening U.S. dollar could reduce the reported value of international revenues and compress margins. This risk is particularly relevant given Garmin's manufacturing and sales presence across Europe and Asia.