The company said net sales for Q3 2025 (13 weeks ended September 27, 2025) rose 12% year over year to $1,770,901 thousand, and operating income increased 4% to $456,803 thousand.

1. 01

   The company said net sales for Q3 2025 (13 weeks ended September 27, 2025) rose 12% year over year to $1,770,901 thousand, and operating income increased 4% to $456,803 thousand.

2. 02

   The company said Fitness revenue rose 30%, Aviation rose 18% and Marine rose 20% in Q3, while Outdoor fell 5% and Auto OEM fell 2%. It cited consumer auto and adventure watch product categories as the factors behind the Outdoor decline.

3. 03

   Garmin said it generated operating cash flow of $486 million and free cash flow of $425 million in Q3 2025, paid a quarterly dividend of about $173 million and repurchased $36 million of its shares.

4. 04

   The company said it expects full-year 2025 revenue of about $7.10 billion and pro forma EPS of $8.15. The outlook assumes a gross margin of 58.5%, an operating margin of 25.2% and a pro forma effective tax rate of 17.5%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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