Did you analyze how Garmin (GRMN Quick QuoteGRMN - Free Report) fared in its international operations for the quarter ending June 2025? Given the widespread global presence of this maker of personal navigation devices, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.

In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on grasping the extent of a company's dependence on international markets, as it sheds light on the firm's earnings stability, its skill in leveraging various economic cycles and its broad growth potential.

Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.

In our recent assessment of GRMN's quarterly performance, we discovered notable trends in its overseas revenue sections, which are typically modeled and scrutinized by Wall Street analysts.

For the quarter, the company's total revenue amounted to $1.81 billion, experiencing an increase of 20.4% year over year. Next, we'll explore the breakdown of GRMN's international revenue to understand the importance of its overseas business operations.

Unveiling Trends in GRMN's International Revenues

During the quarter, EMEA contributed $677.4 million in revenue, making up 37.3% of the total revenue. When compared to the consensus estimate of $596.6 million, this meant a surprise of +13.54%. Looking back, EMEA contributed $568.95 million, or 37.1%, in the previous quarter, and $542.02 million, or 36%, in the same quarter of the previous year.

APAC generated $259.15 million in revenues for the company in the last quarter, constituting 14.3% of the total. This represented a surprise of -2.58% compared to the $266.01 million projected by Wall Street analysts. Comparatively, in the previous quarter, APAC accounted for $220.41 million (14.4%), and in the year-ago quarter, it contributed $224.08 million (14.9%) to the total revenue.

Projected Revenues in Foreign Markets

The current fiscal quarter's total revenue for Garmin, as projected by Wall Street analysts, is expected to reach $1.67 billion, reflecting an increase of 5% from the same quarter last year. The breakdown of this revenue by foreign region is as follows: EMEA is anticipated to contribute 35.1% or $584.42 million, and APAC 16.2% or $269.68 million.

For the entire year, the company's total revenue is forecasted to be $6.92 billion, which is an improvement of 9.9% from the previous year. The revenue contributions from different regions are expected as follows: EMEA will contribute 35.2% ($2.44 billion), and APAC 15.2% ($1.05 billion) to the total revenue.

The Bottom Line

Relying on international markets for revenues, Garmin faces both prospects and perils. Thus, tracking the company's international revenue trends is essential for accurately projecting its future trajectory.

In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.

At Zacks, a company's changing earnings outlook is given considerable attention due to its proven, strong influence on a stock's price performance in the near term. The connection here is straightforward and positive: when earnings estimates are revised upward, the stock price generally follows suit, increasing as well.

Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks.

Currently, Garmin holds a Zacks Rank #2 (Buy), signifying its potential to outperform the overall market's performance in the forthcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Assessing Garmin's Stock Price Movement in Recent Times

Over the past month, the stock has seen an increase of 1.8% in its value, whereas the Zacks S&P 500 composite has posted an increase of 0.6%. The Zacks Computer and Technology sector, Garmin's industry group, has ascended 3.4% over the identical span. In the past three months, there's been an increase of 14.3% in the company's stock price, against a rise of 11.7% in the S&P 500 index. The broader sector has increased by 20.2% during this interval.