Garmin

Garmin Ltd. is incorporated in Switzerland and runs its main operations from Olathe, Kansas. It makes GPS running and multisport watches (Forerunner, fēnix, Enduro, Instinct, MARQ), smartwatches and bands (Venu, vívoactive, vívosmart, Lily, CIRQA), health devices (Index sleep monitor, scales and blood pressure monitors) and cycling products. Most of the money comes from selling hardware: the Fitness segment had $2,357.0M of net sales in 2025 and the Outdoor segment had $2,054.1M. Garmin Connect stays free. Garmin Connect+ ($6.99 a month or $69.99 a year) is optional, and so are paid inReach satellite plans.

8 devices · 1 clearance on file · researched 2026-11-08

Headquarters
Schaffhausen, Switzerland
Founded
1989
Ownership
Public · NYSE: GRMN
Website
garmin.com
Focus
fitness, sports performance, outdoor/navigation, sleep, recovery, heart health, women's health
Membership
Garmin Connect+ · $6.99/mo · $69.99/yr · optional ↗Launched 2025-03-27 with a 30-day free trial. Garmin said all existing Garmin Connect features and data stay free. Connect+ adds premium features such as personalized insights and performance dashboards, AI 'Active Intelligence' insights and nutrition tracking (added 2026-01-05). inReach satellite service plans and Outdoor Maps+ are separate subscriptions. The 10-K describes Connect+ only as offered 'on a subscription basis'; prices are from the March 2025 release and were not re-checked against the 2026 price list.
Leadership
Clifton A. Pemble President and CEO (since January 2013) ↗
Dr. Min H. Kao Executive Chairman; co-founder ↗
Douglas G. Boessen CFO and Treasurer ↗
Patrick G. Desbois Co-COO ↗
Bradley C. Trenkle Co-COO ↗
Employees
23,000 (2025, Garmin Ltd., all segments: approximately 23,000 full and part-time employees as of Dec 27, 2025 (8,100 Americas, 11,400 APAC, 3,500 EMEA)) ↗
Revenue
USD 2,357,000,000 (2025, Fitness segment only (FY2025, up 33%; operating income $725.9M). Outdoor segment, which includes the fēnix, Instinct, Enduro and MARQ adventure watches, had $2,054,061K (up 5%). Garmin's total was $7,245,519K. Fitness in Q3 2026: $694.3M, up 16%, operating income $230.6M. Fitness for the first nine months of 2026: $1,998.0M against $1,591.2M a year earlier, operating income $665.3M.) ↗
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Devices

Each device as the maker lists it; a dash means no source states the figure.

DeviceFormStatusSensorsBatteryPrice
Enduro 4 ↗2026-10Longest-lasting Garmin GPS watch with solar charging: up to 320 h GPS activity mode, 90 days smartwatch mode; 66 g watchOn sale GPS 90 d $899.99suggested retail US$899.99 (US press release dated Oct. 6, 2026)
fēnix 9 Pro ↗2026-08First fēnix with a titanium case; up to 3,000-nit AMOLED; built-in satellite and LTE voice, text and SOS watchOn sale GPS, satellite + LTE connectivity 31 d $1,099.99starts at US$1,099.99 (US press release, 2026-08-25); solar models up to 57 days battery
fēnix 9 ↗2026-0843/47/51 mm; AMOLED twice as bright as fēnix 8; 64 GB for maps and music; Garmin Epic multi-activity stories watchOn sale GPS 29 d $999.99starts at US$999.99 (US press release, 2026-08-25); 29 days in smartwatch mode on the largest size
CIRQA Smart Band ↗2026-07Garmin's first screen-free band; wrist or upper arm; phone-connected GPS; syncs skin temperature to Natural Cycles bandOn sale optical HR, SpO2, skin temperature 10 d $199.99suggested retail US$199.99 (US press release, 2026-07-21); no subscription required (Canadian list price C$279.99)
Forerunner 170 / Forerunner 70 ↗2026-05Entry-level running watches with 1.2-inch AMOLED touchscreens and five buttons; FR170 adds Garmin Pay watchOn sale GPS, optical HR, SpO2 10 d $299.99Forerunner 170 US$299.99, 170 Music US$349.99, Forerunner 70 US$249.99 (US press release, 2026-05-12); FR70 gets up to 13 days
Venu 4 ↗2025-09Health Status flags overnight metrics off their usual range; metal design, LED flashlight, speaker and mic; Garmin ECG App watchOn sale optical HR, SpO2, skin temperature, ECG 12 d $549.99suggested retail from US$549.99, on sale 2025-09-22 (US press release)
Index Sleep Monitor ↗2025-06Upper-arm sleep band tracking sleep stages, HRV status, breathing variations and skin temperature bandOn sale optical HR, SpO2, skin temperature 7 d $169.99suggested retail US$169.99 (US press release, 2025-06-18); battery stated as up to 7 nights with continuous Pulse Ox
Forerunner 970 ↗2025-05Flagship running/triathlon watch; sapphire lens, titanium bezel, LED flashlight; running tolerance and economy metrics (HRM 600 needed for some) watchOn sale GPS (multi-band), optical HR, SpO2, skin temperature, ECG 15 d $749.99US$749.99; Forerunner 570 US$549.99 with up to 11 days (US press release, 2025-05-15)
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Regulatory clearances

Health features a regulator has cleared, with the decision number.

FeatureDeviceAgencyTypeNumberDate
ECG / atrial fibrillation classification (OTC ECG software, product code QDA) ↗Garmin ECG App (select smartwatches)FDA510(k)K2217742023-01
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Partnerships

Teams, leagues, insurers and health systems that use or resell the devices.

  • 2025-09Meta (Oakley Meta Vanguard AI glasses) — A Meta AI app in the Connect IQ Store sends live Garmin training data to the glasses, controlled by voice ↗
  • 2025-09King's College London (EMBRACE research programme) — Garmin is the exclusive smartwatch provider for a maternal and baby health study of up to 40,000 adult participants ↗
  • 2026-03Natural Cycles — Skin temperature from compatible Garmin watches feeds the FDA-cleared Natural Cycles birth-control app ↗
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Dated facts

Launches, lawsuits, acquisitions and filings, newest first.

  • 2026-10Q3 2026: Fitness net sales were $694,328K (up 16%, 35% of revenue) with $230,634K operating income. Outdoor was $597,301K (up 20%). Garmin said the fitness growth was 'driven primarily by strong demand for wearables'. ↗
  • 2026-09After the U.S. Supreme Court ruled on 2026-02-20 that the IEEPA tariffs were unauthorized, Garmin recognized about $54M of refunds of previously paid tariffs in the first nine months of 2026 ↗
  • 2026-07Garmin acquired the TrainingPeaks and TrainHeroic coaching platforms from Peaksware Holdings (Louisville, Colo.). About 120 associates joined Garmin, and the terms were not disclosed. ↗
  • 2026-07Garmin launched CIRQA, its first screen-free smart band (US$199.99, 'no subscription required') ↗
  • 2026-02FY2025: Fitness net sales were $2,357.0M (up 33%) and Outdoor $2,054.1M (up 5%), out of a $7,245.5M total. Garmin sold 20.7 million units across all segments. ↗
  • 2026-02The 10-K names its principal fitness competitors as Apple, Bryton, Coros, Elite, Google, Huawei, Oura, Polar, Samsung, SRAM, Suunto, Wahoo Fitness, Whoop, Xiaomi, Zepp Health and Zwift ↗
  • 2025-10Strava sued Garmin in Colorado federal court on 2025-09-30, alleging infringement of its Segments and heatmap patents. It voluntarily dismissed the case without prejudice on 2025-10-21. ↗
  • 2025-09fēnix 8 Pro was Garmin's first watch with inReach satellite and cellular connectivity. Its MicroLED version was billed as 'the brightest smartwatch ever made'; the AMOLED model started at US$1,199.99. ↗
  • 2025-03Garmin Connect+ paid tier launched at $6.99/month or $69.99/year; existing Connect features stayed free ↗
  • 2020-07A ransomware attack on 2020-07-23 shut down Garmin Connect, the website and the call centres. Services began returning on 2020-07-27. ↗
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Not yet confirmed

Claims seen in only one non-official place. Shown so they can be checked, not as findings.

  • Suunto filed its own patent suit against Garmin in October 2025. This was seen only in a web-search summary of press coverage; no article was opened.
  • FDA registration/listing shows 'INDEX BPM' (Garmin's upper-arm blood pressure monitor) listed by Ya Horng Electronic Co., Ltd. / Yahorng Dongguan Electronic Co. Ltd. with no 510(k) number attached. That points to a contract manufacturer, but no clearance was found under Garmin's name (openFDA registrationlisting query, 2026-11-08). The Canadian launch release (2026-03-17) lists C$199.99.
  • Founding as ProNav in October 1989 in Lenexa, Kansas, by Gary Burrell and Min Kao is from Wikipedia only. The 10-K confirms that Kao is a co-founder.
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Sources

Retrieved 2026-11-08.