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.
Garmin continued the rollout of stable software updates on September 11, 2026, though it has not yet completed the deployment of System Software 23.31 to eligible smartwatches, with the Fenix 8 Pro notably remaining on System Software 22.44. This follows a new major stable software update released on September 10 for its Fenix 8, Fenix E, and Quatix 8 smartwatches, marking the first significant release for that branch in over three months. Separately, a report on September 11 indicated Garmin may be developing a Cirqa smart band, with references in the latest Garmin Connect app pointing to features like two physical buttons, alarms, and audio feedback, in addition to earlier rumors of a Cirqa smart ring. Earlier the same day, Garmin announced a total dividend of $1.05 per share, including a cash dividend payable on September 25, 2026, with an ex-dividend date of September 11, 2026.
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