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[ + ] [ 0 ] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 26 , 2020 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-31983 GARMIN LTD . ( Exact name of registrant as specified in its charter ) Switzerland ( State or other jurisdiction of incorporation or organization ) Mühlentalstrasse 2 8200 Schaffhausen Switzerland ( Address of principal executive offices ) Registered Shares , CHF 0.10 Per Share Par Value ( Title of each class ) Large Accelerated Filer Non - accelerated Filer GARMIN . Registrant's telephone number , including area code : +41 52 630 1600 Securities registered pursuant to Section 12 ( b ) of the Act : GRMN ( Trading Symbol ) Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . YES [ ] NO [ - ] Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . YES [ O ] NO [ ] Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . YES [ ] NO [ 0 ] [ 0 ] [ 0 ] 98-0229227 ( I.R.S. Employer Identification No. ) N / A ( Zip Code ) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulations S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . YES [ ] NO [ - ] Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer " , " accelerated filer " , " smaller reporting company " , and " emerging growth company " in Rule 12b - 2 of the Exchange Act . The Nasdaq Stock Market , LLC ( Name of each exchange on which registered ) Documents incorporated by reference : Portions of the following document are incorporated herein by reference into Part III of the Form 10 - K as indicated : Accelerated Filer Smaller reporting company Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . [ 0 ] Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . YES [ ] NO [ > ] Aggregate market value of the common shares held by non - affiliates of the registrant as of June 27 , 2020 ( based on the closing price of the registrant's common shares on the Nasdaq Stock Market for June 26 , 2020 ) was approximately $ 14,141,000,000 . Number of shares outstanding of the registrant's common shares as of February 12 , 2021 : Registered Shares , CHF 0.10 par value - 191,571,374 ( excluding treasury shares ) Document Company's Definitive Proxy Statement for the 2021 Annual Meeting of Shareholders which will be filed no later than 120 days after December 26 , 2020 . 0 Part of Form 10 - K into which Incorporated Part III