Garmin is a Publicly Owned company headquartered in the United States. Founded in 1989, it employs approximately 8,210 individuals. The company reported $7.2B in revenue as of 2025. The company specializes in consumer electronics, manufacturing hand-held, portable, and fixed-mount global positioning system (GPS)-enabled products. It also offers navigation, communications, and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets.

2025 Revenue

Founded

1989

Headcount

23,000

Headquarters

United States

Primary Segment

Consumer Electronics

Ownership

Publicly Owned

News Summary:

Garmin recently delivered almost two dozen improvements to its high-end Fenix 8 series, Forerunner 70, and Forerunner 170 smartwatches. Earlier on the same day, Garmin launched its CIRQA Smart Band, a new screen-free health and fitness tracker designed for continuous monitoring without a display or mandatory subscription fees, integrating with the Garmin Connect app. Concurrently, Garmin acquired TrainingPeaks and TrainHeroic, described as leading endurance and strength training platforms for athletes and coaches. Garmin Co-Chief Operating Officer Brad Trenkle stated this acquisition aims to expand access to professional coaching experiences within the Garmin ecosystem. The introduction of Cirqa and the TrainingPeaks acquisition collectively signal Garmin's strategic focus on its Connect+ premium tier. Previously, an update to the Garmin Connect app introduced user-facing features, including an "Essentials" view designed to streamline the app's dashboard by highlighting relevant data.

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Garmin offers 2 products in the media tech industry. Garmin's product portfolio comprises of connectivity infrastructure.
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