---
title: "Garmin | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 1.815 B"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/250767359.md"
published_at: "2025-07-30T11:02:49.000Z"
---

# Garmin | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 1.815 B

Revenue: As of FY2025 Q2, the actual value is USD 1.815 B, beating the estimate of USD 1.705 B.

EPS: As of FY2025 Q2, the actual value is USD 2.07, beating the estimate of USD 1.8595.

EBIT: As of FY2025 Q2, the actual value is USD 480.25 M, beating the estimate of USD 410.43 M.

### Fitness Segment

-   **Net Sales**: $605.4 million for the 13-weeks ended June 28, 2025, a 41% increase YoY.
-   **Gross Profit**: $364.7 million, representing 60% of segment net sales, a 49% increase YoY.
-   **Operating Income**: $197.6 million, representing 33% of segment net sales, an 84% increase YoY.

### Outdoor Segment

-   **Net Sales**: $490.4 million for the 13-weeks ended June 28, 2025, an 11% increase YoY.
-   **Gross Profit**: $324.4 million, representing 66% of segment net sales, a 14% increase YoY.
-   **Operating Income**: $157.9 million, representing 32% of segment net sales, a 16% increase YoY.

### Aviation Segment

-   **Net Sales**: $249.4 million for the 13-weeks ended June 28, 2025, a 14% increase YoY.
-   **Gross Profit**: $185.5 million, representing 74% of segment net sales, a 15% increase YoY.
-   **Operating Income**: $63.4 million, representing 25% of segment net sales, a 26% increase YoY.

### Marine Segment

-   **Net Sales**: $299.3 million for the 13-weeks ended June 28, 2025, a 10% increase YoY.
-   **Gross Profit**: $164.3 million, representing 55% of segment net sales, an 11% increase YoY.
-   **Operating Income**: $62.9 million, representing 21% of segment net sales, a 5% increase YoY.

### Auto OEM Segment

-   **Net Sales**: $170.2 million for the 13-weeks ended June 28, 2025, a 16% increase YoY.
-   **Gross Profit**: $28.1 million, representing 17% of segment net sales, a 16% increase YoY.
-   **Operating Loss**: -$9.5 million, representing -6% of segment net sales, compared to -$11.6 million YoY.

### Cash Flow

-   **Operating Cash Flow**: $594.0 million for the first half of 2025, compared to $690.6 million for the first half of 2024.
-   **Free Cash Flow**: Not explicitly stated, but cash used in investing activities totaled -$246.1 million for the first half of 2025.

### Future Outlook and Strategy

-   **Core Business Focus**: Garmin Ltd. anticipates a decrease in cash outlays for income taxes in 2025 due to new U.S. tax legislation, with an estimated increase in the full-year effective tax rate by approximately 100 basis points.
-   **Non-Core Business**: The acquisition of MYLAPS, a company providing technology solutions for sports timing and performance analysis, was completed on July 15, 2025, but was not material.

### Related Stocks

- [GRMN.US - Garmin](https://longbridge.com/en/quote/GRMN.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.