Revenue surged 175.3% to $20.25B in fiscal 2026, and the company swung to net income of $11.43B, which includes a gain on equity securities of $808.0M and legal settlements of $93.0M, from a net loss of $1.64B a year earlier.

Filed August 17, 2026 · Period ending July 3, 2026 · Compared to 10-K Aug 21, 2025 · ~1 min read

Key Changes

• high

  Gross profit rose 554.2% to $14.47B.

  view on EDGAR →
• high

  Operating income reached $12.39B, which includes a loss on debt extinguishment of $46.0M, compared with an operating loss of $1.38B in fiscal 2025.

  view on EDGAR →
• medium

  The company repurchased $4.52B of common stock under its share repurchase program, with $1.5 billion remained available for future repurchases.

  view on EDGAR →