Garmin shares jumped over 5% on the release of the Q2 earnings.
Of interest to me and maybe to you is the following:
- 13 million IQ downloads since the service started in early 2015. I’d be interested to know what percentage are actually used in anger.
- Fitness revenue grew “34% in the quarter driven by wearable devices” (sic) with gross margin constant at 56% and operating margin up from 21% to 25%
- Looking ahead there is “a stronger outlook for our outdoor and fitness segments”
Last Updated on 14 January 2026 by the5krunner
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tfk is the founder and author of the5krunner, an independent endurance sports technology publication. With 20 years of hands-on testing of GPS watches and wearables, and competing in triathlons at an international age-group level, tfk provides in-depth expert analysis of fitness technology for serious athletes and endurance sport competitors.
I’ve downloaded 10-20 IQ things and literally use none of them.
yep