Garmin Ltd reported its first-quarter 2025 financial results, posting a record consolidated revenue of $1.54 billion, an 11% increase compared to the same period last year. The company achieved a gross margin of 57.6%, slightly down from 58.1% in the prior year quarter. Garmin's GAAP earnings per share (EPS) stood at $1.72, while its pro forma EPS was $1.61, reflecting a 13% growth year-over-year. The strong revenue and operating income performance was primarily driven by the Outdoor and Auto OEM segments. Despite mixed quarterly results, Garmin maintained its full-year 2025 EPS guidance. The stock experienced a pre-market decline of 5.9% following the earnings release.