Garmin Q3 2026 results: fitness up 16%, guidance raised

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  "signal_type": "news",
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  "detected_at": "2026-11-01T09:36:00+00:00",
  "company": {
    "name": "Garmin",
    "domain": "garmin.com"
  },
  "data": {
    "url": "https://www.velodisco.com/en/garmin-third-quarter-2026-results/",
    "title": "Garmin Q3 2026 results: fitness up 16%, guidance raised - www.velodisco.com",
    "excerpt": "Garmin reports a record quarter at $1.99 billion and raises its 2026 guidance; the fitness segment, home to the Edge cycling computers, grew 16%. Garmin reports record revenue of $1.99 billion for the third quarter of 2026, up 12%. The fitness segment, home to the Edge cycling computers, grew 16%, driven mainly by wearables. The group is raising its full-year guidance to revenue of approximately $8.15 billion, compared with approximately $8.05 billion previously. The quarter ended on 26 September. Garmin enters the holiday selling season with approximately $4.1 billion in cash and marketable securities. In the third quarter, fitness segment revenue grew 16%, growth that Garmin attributes primarily to strong demand for wearables. The segment posted a gross margin of 63% and an operating margin of 33%, resulting in $231 million of operating income. On the cycling side, the press release highlights the recently announced next generation of Edge computers: the Edge 1060, featuring a built-in microphone and speaker for hands-free voice control, and the Edge Explore 3 series, an easy-to-use bike computer for riders of all levels. During the quarter Garmin also launched the CIRQA Smart Band, a screenless wearable focused on wellness and fitness. Cliff Pemble, President and Chief Executive Officer of Garmin, commented on the quarter: “We achieved another quarter of record operating...",
    "product": "CIRQA Smart Band",
    "summary": "Garmin launched the CIRQA Smart Band, a screenless wearable focused on wellness and fitness.",
    "planning": false,
    "image_url": "https://www.velodisco.com/wp-content/uploads/2026/10/Garmin_hq-1536x1152.webp",
    "confidence": 0.9,
    "product_data": {
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      "full_text": "CIRQA Smart Band, a screenless wearable focused on wellness and fitness",
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    "product_tags": [
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      "mobile"
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    "published_at": "2026-11-01T09:36:00Z",
    "article_sentence": "During the quarter Garmin also launched the CIRQA Smart Band, a screenless wearable focused on wellness and fitness."
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  -d '{"domain":"garmin.com","limit":20}'