**Garmin Ltd. (GRMN)** reported strong financial results for the fiscal year 2025, achieving a **16% increase in adjusted EPS** and a **15% revenue growth**, following a **20% growth in fiscal 2024**. The company, which specializes in GPS technology across various markets, raised its dividend by **17%** and announced a **$500 million share repurchase program**. In 2025, Garmin’s fitness segment contributed roughly **33% to total revenue**, with a **42% growth in Q4**.
Garmin shipped over **20 million units** in the last year, a new record, and its upward earnings revisions have earned it a **Zacks Rank #1 (Strong Buy).** Projections indicate that Garmin’s revenue is expected to increase by **10% in 2026** and **7% in 2027**, potentially reaching **$8.52 billion**, more than doubling its 2020 total. The company boasts a solid balance sheet with **$2.7 billion in cash** and no debt, positioning it well amid growing competition from tech giants like Apple.
