Garmin Ltd. (GRMN) This fall 2025 Earnings Name Transcript

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Garmin Ltd. (GRMN) This fall 2025 Earnings Name February 18, 2026 10:30 AM EST

Firm Individuals

Teri Seck – Director of Investor Relations
Clifton Pemble – President, CEO & Director
Douglas Boessen – CFO & Treasurer

Convention Name Individuals

Joseph Cardoso – JPMorgan Chase & Co, Analysis Division
Erik Woodring – Morgan Stanley, Analysis Division
Alyssa Shreves – Barclays Financial institution PLC, Analysis Division
Benjamin Bollin – Cleveland Analysis Firm LLC
David S. MacGregor – Longbow Analysis LLC
Ivan Feinseth – Tigress Monetary Companions LLC, Analysis Division
Noah Zatzkin – KeyBanc Capital Markets Inc., Analysis Division
Ronald Epstein – BofA Securities, Analysis Division

Presentation

Operator

Howdy, everybody. Thanks for becoming a member of us, and welcome to the Garmin Ltd. Fourth Quarter and Full 12 months 2025 Earnings Convention Name. [Operator Instructions] I’ll now hand the decision over to Teri Seck, Director of Investor Relations. Please go forward.

Teri Seck
Director of Investor Relations

Good morning. We wish to welcome you to Garmin Ltd.’s Fourth Quarter and Full 12 months 2025 Earnings Name. Please notice that the earnings press launch and associated slides can be found at Garmin’s Investor Relations website on the Web at www.garmin.com/inventory. An archive of the webcast and associated transcript may also be out there on our web site. This morning’s earnings name contains projections and different forward-looking statements relating to Garmin Ltd. and its enterprise. Any statements relating to our future monetary place, revenues, phase development charges, earnings, gross margins, working margins, future dividends or share repurchases, market shares, product introductions, international forex, tariff impacts, future demand for our merchandise and plans and goals are forward-looking statements.

The forward-looking occasions and circumstances mentioned on this earnings name might not happen, and precise outcomes may differ materially because of threat components affecting Garmin. Info regarding these threat components is contained in our Type 10-Ok filed with the Securities and Alternate Fee. Presenting on

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