Garmin Ltd's Suppliers recorded an increase in sales by 43.61 % year on year in Q1 2026, sequentially sales grew by 13.75 %, Garmin Ltd recorded an increase in cost of sales by 9.38 % year on year, relative to one quarter ago cost of sales fell by -18.09 % in Q1.
Garmin Ltd's Suppliers recorded an increase in sales by 43.61 % year on year in Q1 2026, sequentially sales grew by 13.75 %, Garmin Ltd recorded increase in cost of sales by 9.38 % year on year, compare to one quarter ago cost of sales fell by -18.09 % in Q1.
Lumishore supplies above-water and underwater lighting products for the marine and RV markets. Its product lines include single color, dual color, and full RGB lighting options with various power levels and installation configurations. Garmin integrates Lumishore lighting products with its multifunction display (MFD) and mobile app systems. Additionally, Garmin serves as a tier-one supplier of domain controllers and infotainment units to the global automotive market, providing hardware and software solutions to automobile manufacturers. Garmin's distribution network includes independent retailers, dealers, distributors, installation and repair shops, original equipment manufacturers (OEMs), its online webshop, subscription services, and retail stores.
Garmin Ltd's Comment on Supply Chain
Lumishore supplies above-water and underwater lighting products for the marine and RV markets. Its product lines include single color, dual color, and full RGB lighting options with various power levels and installation configurations. Garmin integrates Lumishore lighting products with its multifunction display (MFD) and mobile app systems. Additionally, Garmin serves as a tier-one supplier of domain controllers and infotainment units to the global automotive market, providing hardware and software solutions to automobile manufacturers. Garmin's distribution network includes independent retailers, dealers, distributors, installation and repair shops, original equipment manufacturers (OEMs), its online webshop, subscription services, and retail stores.
GRMN's Suppliers Net Income grew by
GRMN's Suppliers Net margin grew in Q1 to
216.57 %
37.57 %
GRMN's Suppliers Net Income grew by 216.57 %
GRMN's Suppliers Net margin grew in Q1 to 37.57 %
Garmin Ltd's Suppliers Sales Growth
in Q1 2026 by Industry
Sources:
Garmin Ltd's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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