Mine does (a fenix 7). I think any model that has a heart rate sensor would probably work based on the wiki page. There are certain models that offload sleep tracking to the official app, and I don't think those support sleep tracking in gadgetbridge yet (last I checked this was the case), but the ones that handle it on the watch like mine fully support that too (and you can view stats and a graph in gadgetbridge).
Speaking of the wiki page: https://gadgetbridge.org/basics/topics/garmin/ - there's a lot to parse since so many models apply, but my fenix 7 has had full support aside from live cloud maps in the weather app, and I've been issue-free since last October aside from a couple things they quickly fixed for me after I opened them.
There are 2 main gotchyas:
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despite the weather sync not requiring the official app (gadgetbridge can sync with breezy weather), the watch stops trying to refresh it if it's been ~3 months since rotating the api key. In the advanced settings you can have gadgetbridge create a new api key for you, but that may break the ability to use the official app (I don't so I went with that).
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gadgetbridge can't update the firmware or maps, however you can update directly on the watch via wifi, or you can use the PC app (which works great in a libvirt windows vm).