Garmin anticipates $8.15B 2026 revenue and $10.80 pro forma EPS as higher memory costs loom

What happened: Garmin reported record quarterly results and guided to $8.15B in 2026 revenue and $10.80 pro forma EPS, while flagging higher memory costs ahead. Key numbers: Q3 2026 consolidated revenue rose 12% to nearly $2 billion. Gross margin was 63.3%. 2026 guidance: $8.15B revenue, $10.80 pro forma EPS. Why it matters: Management attributed margin expansion primarily to favorable segment mix, and the outlook comes as higher memory costs loom. Coverage: 3 outlets in 24h

Garmin reported record quarterly results and guided to $8.15B in 2026 revenue and $10.80 pro forma EPS, while flagging higher memory costs ahead.

Management attributed margin expansion primarily to favorable segment mix, and the outlook comes as higher memory costs loom.