Garmin Ltd. (GRMN) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.299 Hello, everyone. Thank you for joining us and welcome to the Garmin Limited fourth quarter 00:00:04.299 -- 00:00:07.866 and full year 2025 earnings conference call. 00:00:07.866 -- 00:00:11.913 After today's prepared remarks, we will host a question and answer session. 00:00:11.913 -- 00:00:15.841 If you'd like to ask a question, please press star one on your telephone keypad. 00:00:15.841 -- 00:00:17.764 To withdraw your question, press star one again. 00:00:17.764 -- 00:00:22.453 I will now hand the call over to Terry Sec, Director of Investor Relations. 00:00:22.453 -- 00:00:23.993 Please go ahead. 00:00:23.993 -- 00:00:27.699 Good morning. We would like to welcome you to Garmin Limited's fourth quarter full year 00:00:27.699 -- 00:00:32.187 2025 earnings call. Please note that the earnings press release and related slides are 00:00:32.187 -- 00:00:37.292 available at Garmin's investor relations site on the internet at www.garmin.com. 00:00:37.436 -- 00:00:43.045 An archive of the webcast and related transcript will also be available on our website. 00:00:43.045 -- 00:00:47.191 This morning's earnings call includes projections and other forward-looking statements 00:00:47.191 -- 00:00:49.614 regarding Garmin Limited and its business. 00:00:49.614 -- 00:00:54.220 Any statements regarding our future financial position, revenues, segment growth rates, 00:00:54.220 -- 00:00:58.886 earnings, gross margins, operating margins, future dividends or share purchases, market 00:00:58.886 -- 00:01:03.232 shares, product introductions, foreign currency, tariff impacts, future demand for our 00:01:03.232 -- 00:01:06.316 products and plans and objectives are forward-looking statements. 00:01:06.316 -- 00:01:10.200 The forward-looking events and...