Garmin Fiscal Q3 Non-GAAP Earnings, Net Sales Rise; 2026 Outlook Raised

07:51 AM EDT, 10/28/2026 (MT Newswires) -- Garmin (GRMN) reported fiscal Q3 non-GAAP earnings Wednesday of $2.76 per diluted share, up from $1.99 a year earlier. Analysts surveyed by FactSet expected $2.41. Net sales for the quarter ended Sept. 26 were $1.99 billion, up from $1.77 billion a year earlier. Analysts expected $1.99 billion. The company raised its 2026 guidance and now projects non-GAAP EPS at $10.80, compared with previous outlook of $10. Analysts expect $10.19. Full-year revenue is now expected to be about $8.15 billion, from $8.05 billion previously. Analysts expect $8.10 billion. Shares of the company were up 2.7% in Wednesday premarket activity.