Garmin (GRMN) achieved file FY2025 income of $7.245B, up 15% 12 months over 12 months, with all 5 segments posting file outcomes and professional forma EPS of $8.56, whereas the corporate licensed a brand new $500M share repurchase program and elevated its dividend 17% to $4.20 yearly. Synaptics (SYNA) reported Q2 FY2026 income of $302.5M, up 13% 12 months over 12 months, with core IoT product gross sales surging 53% and the corporate already sampling edge AI options for humanoid robots. QuantumScape (QS) generated its first-ever buyer billings of $19.5M in full-year 2025 after opening its Eagle Line pilot manufacturing facility, expanded its PowerCo deal to 85 GWh of annual capability, and prolonged its money runway by way of the top of the last decade.
Garmin, Synaptics, and QuantumScape symbolize three distinct tiers of alternative: Garmin is a diversified tech compounding machine with robust fundamentals, Synaptics is using the sting AI {hardware} wave with direct humanoid robotics publicity, and QuantumScape has crossed from pre-revenue into industrial manufacturing with actual buyer wins and expanded capability.
The analyst who referred to as NVIDIA in 2010 simply named his high 10 AI shares. Get them right here FREE.
Most traders chasing AI performs are staring on the identical handful of mega-caps. In the meantime, three corporations are quietly placing up outcomes price a more in-depth look: a GPS and wearables big printing file revenues, a semiconductor agency using the sting AI wave, and a pre-revenue battery startup that simply crossed its first industrial milestone. Ranked from most speculative to most established.
QuantumScape (NYSE:QS) is the highest-risk identify on this listing, and the worth motion displays it. The inventory is down 35.41% 12 months to this point, sitting at $6.73 as of March 13, 2026, nicely off its post-SPAC highs.
However the story beneath is extra fascinating than the chart suggests. QuantumScape is constructing solid-state lithium-metal batteries utilizing a proprietary ceramic separator, and it simply inaugurated its Eagle Line pilot manufacturing facility on February 4, 2026. Extra importantly, it generated $19.5 million in first-ever buyer billings for full-year 2025, a small however symbolically vital quantity for a corporation that has by no means had product income.
READ: The analyst who referred to as NVIDIA in 2010 simply named his high 10 AI shares
Cobra-based QSE-5 cells have been shipped to Volkswagen Group’s PowerCo, and the PowerCo deal was expanded to permit as much as 85 GWh of whole annual manufacturing, together with for non-Volkswagen clients. Two extra main international automotive OEMs signed on in 2025.
The losses stay vital. Full-year 2025 web loss got here in at $435 million, improved from $477.9 million in 2024. The corporate guided for an adjusted EBITDA lack of $250 million to $275 million in 2026, with whole liquidity of $970.8 million and money runway prolonged by way of the top of the last decade.
CEO Siva Sivaram framed it plainly: “This quarter is a serious inflection level in our journey, and we are actually firmly within the commercialization part of our firm.” Whether or not the know-how scales remains to be an open query, however the milestones are actual, although the trail to profitability stays lengthy.
Synaptics (NASDAQ:SYNA) would not get a lot consideration within the AI dialog, regardless of having direct publicity to one among its fastest-growing {hardware} themes. The corporate makes chips that carry AI inference to edge gadgets — IoT sensors, industrial gear, automotive programs, and more and more, humanoid robots.
In its most up-to-date quarter, Synaptics reported Q2 FY2026 income of $302.5 million, up 13% 12 months over 12 months, marking 5 consecutive quarters of double-digit income development. Core IoT product gross sales have been the standout, up 53% 12 months over 12 months. Non-GAAP EPS got here in at $1.21, beating the $1.17 estimate.
CEO Rahul Patel put the thesis plainly: “The accelerating shift towards bodily and edge AI aligns nicely with our differentiated portfolio…we’re sampling our options in humanoids.” Humanoid robotics is likely one of the fastest-growing {hardware} classes in tech, and Synaptics is already within the room.
The inventory has pulled again 18.6% over the previous month to $73.87 even because the enterprise continues to execute. Working money circulation jumped 163% 12 months over 12 months to $60 million in Q2. The corporate purchased again $43.6 million of its personal inventory within the first six months of FY2026, signaling administration conviction in their very own trajectory.
The danger is that Synaptics remains to be posting GAAP losses, and Q3 steerage of $290 million plus or minus $10 million in income suggests a slight sequential step-down. However Synaptics has direct publicity to the sting AI theme by way of its chip portfolio.
Garmin (NYSE:GRMN) is the uncommon tech firm that does not want a story. It simply wants you to take a look at the numbers.
Full-year FY2025 income hit a file $7.245 billion, up 15% 12 months over 12 months. All 5 enterprise segments delivered file income. The Health phase alone grew 42% in This autumn. Professional forma EPS for the complete 12 months got here in at $8.56, beating estimates by 4.64%. The corporate carries $4.10 billion in money and marketable securities with zero debt.
CEO Cliff Pemble stored it easy: “2025 was one other 12 months of outstanding development and achievement for Garmin with file consolidated income, file income in all 5 of our segments, and file consolidated working earnings.”
The capital return story is equally robust. The board proposed a 17% dividend improve to $4.20 per share yearly and licensed a brand new $500 million share repurchase program. FY2026 steerage requires $7.9 billion in income and $9.35 in professional forma EPS.
The inventory is up 15.56% 12 months to this point, but nonetheless trades at an affordable a number of for a corporation rising income at 15% with no debt. The Auto OEM phase is the one tender spot, with legacy applications winding down, however it’s a small piece of a really wholesome entire.
These three names sit at very totally different factors on the chance spectrum. Garmin is a compounding machine that not often will get the credit score it deserves. Synaptics is a semiconductor play on edge AI that pulled again regardless of robust fundamentals. QuantumScape is a long-duration guess on battery know-how that has cleared its first actual industrial hurdles. For a diversified watchlist of under-the-radar tech names, all three current distinct profiles price researching additional.
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