Garmin posts earnings beat, shares climb to 52‑week high

Garmin Ltd. reported second‑quarter 2026 earnings that topped analysts’ expectations. Net earnings were $2.81 per share, exceeding the consensus estimate of $2.30, and revenue reached $2.02 billion, up 11.4% year‑over‑year. The results lifted the stock to a new 52‑week high, trading as high as $293.64 and closing near $295.

The company reaffirmed its fiscal‑2026 guidance and indicated continued share‑repurchase activity and an increase to its dividend, underscoring confidence in its growth trajectory. The earnings call featured remarks from President and CEO Clifton Pemble, CFO Douglas Boessen, and investor‑relations director Teri Seck.