Garmin Acquires TrainingPeaks and TrainHeroic Amid 25% Fitness Revenue Surge in Q2 2026

Brickinfo News Agency – Garmin has officially announced the acquisition of training platforms TrainingPeaks and TrainHeroic from Peaksware Holdings to expand its connected training ecosystem for athletes and coaches. The strategic move coincides with a 25 percent year-on-year revenue increase in Garmin’s fitness segment, reaching 757 million USD in the second quarter of 2026, driven by strong global demand for its wearable devices including the Forerunner, Vívoactive, and Venu series.

The overall financial results for Garmin in Q2 2026 reached a record consolidated revenue of approximately 2.02 billion USD, marking an 11 percent increase compared to the same period in the previous year. Regional figures also indicated growth in Southeast Asia, with Garmin Thailand reporting a 30 percent year-on-year revenue increase in the second quarter and a 36 percent growth during the first half of 2026, primarily fueled by consumer interest in running and wellness products.

Addressing the regional business expansion, Missy Yang, Country Manager of Garmin Thailand, stated that the acquisition brings together training tools, performance metrics, and coaching services to deliver a comprehensive experience for users across all fitness levels. She added that consumers in Thailand are increasingly adopting data-driven technologies to monitor health parameters and structure training regimens, making the integration of the platforms a strategic fit for local market demands.

From the developer side, Andy Stephens, CEO of Peaksware Holdings, noted that the collaboration aligns both organizations toward structured, science-based training solutions. The joining of forces aims to scale digital performance insights, customized strength planning, and endurance tracking for millions of athletes and coaches globally within the unified Garmin ecosystem.