13F Pro Quality Score

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Pending next ranking run

This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.

Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.

GRMN Stock Analysis & AI Quality Score

AI stock analysis and institutional research for GARMIN LTD (GRMN), a Technology sector company. GRMN is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), GARMIN LTD reports quarterly revenue of $1.8B, net income of $405.1M, an operating margin of 24.6%. Top institutional holders of GRMN by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. GRMN trades on the NYSE exchange and files with the SEC under CIK 1121788. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate GRMN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for GARMIN LTD directly from SEC EDGAR.

Revenue

Q1 2026

$1.8B

Net Income

Q1 2026

$405.1M

Free Cash Flow

Q1 2026

$469.4M

Operating Margin

Q1 2026

24.6%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+20.4% YoY
$6.30BFY 2024
FY21 $4.98BFY22 $4.86BFY23 $5.23BFY24 $6.30B

Net Income

+9.4% YoY
$1.41BFY 2024
FY21 $1.08BFY22 $973.6MFY23 $1.29BFY24 $1.41B

Operating Income

+45.9% YoY
$1.59BFY 2024
FY21 $1.22BFY22 $1.03BFY23 $1.09BFY24 $1.59B

EPS (Diluted)

+8.8% YoY
$7.30FY 2024
FY21 $5.61FY22 $5.04FY23 $6.71FY24 $7.30

Total Assets

+11.9% YoY
$9.63BFY 2024
FY21 $7.85BFY22 $7.73BFY23 $8.60BFY24 $9.63B

Op. Cash Flow

+4.1% YoY
$1.43BFY 2024
FY21 $1.01BFY22 $788.3MFY23 $1.38BFY24 $1.43B

AI Insight: GRMN Financial Trends

GRMN delivered record Q4 2025 revenue and operating income, but Q1 2026 shows seasonal normalization with margin stability.

Q4 2025 revenue reached $2,125M and operating income $614M, both all-time highs; Q1 2026 revenue $1,753M reflects typical seasonal decline.

Operating margin remained robust: 26.8% in Q4 2025 and 24.6% in Q1 2026, compared to 22.7% in Q1 2025.

Operating cash flow averaged $437M over eight quarters with strong conversion; Q1 2026 reached $536M despite seasonal revenue trough.

Equity expanded 32% from $7,005M (Q2 2024) to $9,271M (Q1 2026) with no debt disclosure; capital allocation efficiency unclear.

Q2 2025 operating cash flow dropped to $173M, lowest in the period; retest needed to confirm outlier versus trend deterioration.

AI Insight: GRMN Ratio Trends

Garmin's profitability metrics remain healthy but face seasonal Q1 2026 softness after strong Q4 2025 close.

Operating margin held 24.6% in Q1 2026 vs. 28.9% in Q4 2025, typical seasonal decline. TTM OpMargin of 26.5% outpaces Q2 2024 baseline of 22.7%.

ROIC recovered to 18.6% in Q1 2026 from Q1 2025 trough of 16.3%, signaling sustained capital efficiency improvement.

Net profit margin expanded to 23.1% (TTM) from 20.0% in Q2 2024, reflecting operational leverage.

Q1 2026 ROE declined to 17.5% from Q4 2025's 23.6%—largest sequential drop in the dataset. Monitor Q2 recovery.

ROA and ROIC both dipped in Q1 2026 vs. Q4 2025, consistent with seasonal softness but worth tracking against prior-year Q1.

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Available Research

13F Pro tracks comprehensive data for GARMIN LTD including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

Top Institutional Holders of GRMN

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Is GRMN a good stock to buy?

13F Pro's AI-powered analysis of GARMIN LTD (GRMN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for GRMN are available on the GRMN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own GRMN?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling GRMN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of GARMIN LTD's investment landscape.