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Garmin10-K: Recurring revenue shift

Garmin launches Garmin Connect+ subscription service to monetize premium features

Read at SEC EDGAR

What happened

Garmin is shifting towards a recurring revenue model by launching Garmin Connect+, a subscription service offering premium features like personalized insights and performance dashboards.

Source

SEC EDGARFeb 18, 2026

Annual report (Form 10-K)

Garmin 10-K for FY2025

Filing excerpt

Garmin Connect+ offers premium features, including personalized insights and performance dashboards, to users on a subscription basis.

sec.gov/Archives/edgar/data/1121788/000119312526056028/grmn-20251227.htmRead the full source

Other signals in this filing (9)

Extracted by Autobound

From the Signal API record
Signal
10-K: Recurring revenue shift

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/27
Filed
Feb 18, 2026

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The full record

From the Signal API record

Details

CIK
1121788
Accession number
0001193125-26-056028
Timeframe
Current year
Filing year
2026
Why it matters
Billing/subscription tools

Topics and mentions

Technologies

  • Garmin Connect+

Extraction

Confidence
High
Relevance
80%
Sentiment
Positive
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
recurringRevenueShift

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
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Show the full JSONThe record on this page and the API request

GET /v1/signals/49a63ba8-9750-4b26-a732-e92ed32fab28 returns this record as JSON. POST /v1/companies/enrich returns every signal for garmin.com.

{
  "signal_id": "49a63ba8-9750-4b26-a732-e92ed32fab28",
  "signal_type": "sec-10k",
  "signal_subtype": "recurringRevenueShift",
  "detected_at": "2026-02-24T09:23:47.345+00:00",
  "company": {
    "name": "Garmin",
    "domain": "garmin.com"
  },
  "data": {
    "detail": "Garmin is shifting towards a recurring revenue model by launching Garmin Connect+, a subscription service offering premium features like personalized insights and performance dashboards. This initiative creates an opportunity for vendors specializing in subscription billing, customer data platforms (CDP), and analytics to support this new business model.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "Garmin launches Garmin Connect+ subscription service to monetize premium features",
    "excerpts": "Garmin Connect+ offers premium features, including personalized insights and performance dashboards, to users on a subscription basis.",
    "relevance": 0.8,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1121788/000119312526056028/grmn-20251227.htm",
    "filing_date": "2026-02-18",
    "filing_year": 2026,
    "fiscal_year_end": "12/27",
    "sales_relevance": "Billing/subscription tools",
    "signal_category": "revenue",
    "technologies_mentioned": [
      "Garmin Connect+"
    ]
  }
}

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