Short answer
Garmin (GRMN) filed its Q2 2025 10-Q quarterly report on Jul 30, 2025 for the quarter ended Jun 28, 2025. Quarterly revenue was $1.8B (up 20.4% year over year) with net income of $401M.
Q2 2025 key financials · XBRL
- Revenue
- $1.8B
- +20.4% YoY · +18.2% QoQ
- Net income
- $401M
- +33.3% YoY · +20.5% QoQ
- Operating margin
- 26.0%
- Gross margin
- 58.8%
- EPS (diluted)
- $2.07
- +32.7% YoY · +20.3% QoQ
Source: XBRL data from the Garmin (GRMN) Q2 2025 10-Q on SEC EDGAR. USD.
Garmin Q2 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- Newly added risk: Increased tariffs, duties, or trade restrictions on imports from Taiwan, China, and others impacting operational costs and financial results
- Most materially updated risk: Economic and operational uncertainties from rapidly evolving international trade environment affecting business adversely
- Most impactful regulatory risk: Customs reclassification of imported goods could change tariffs/duties, raising import costs and compliance risks
- Operational risk: Potential inconsistent application of trade restrictions harming competitive position and results of operations
- Financial risk: Exposure to tariffs and duties on imported products increasing risk to profitability and financial condition
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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