9 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: On August 26, 2024, our Board of Directors approved an additional $50 billion to our share repurchase authorization, without expiration.
+Added: On August 26, 2025, our Board of Directors approved an additional $60.0 billion in share repurchase authorization, without expiration.
In fiscal year 2026, we repurchased 282 million shares of our common stock for $40.4 billion.
As of January 25, 2026, we were authorized, subject to certain specifications, to repurchase up to $58.5 billion of our common stock.
−Removed: The repurchases can be made in the open market, in privately negotiated transactions, pursuant to a Rule 10b5-1 trading plan or in structured share repurchase agreements in compliance with Rule 10b-18 of the Exchange Act, subject to
−Removed: market conditions, applicable legal requirements, and other factors.
+Added: The repurchases can be made in the open market, in privately negotiated transactions, pursuant to a Rule 10b5-1 trading plan or in structured share repurchase agreements in compliance with Rule 10b-18 of the Exchange Act, subject to market conditions, applicable legal requirements, and other factors.
Our share repurchase program may be suspended at any time at our discretion.
12 unchanged sentences
Restricted Stock Unit Share Withholding
−Removed: We withhold shares of our common stock associated with net share settlements to cover tax withholding obligations upon the vesting of RSU awards under our employee equity incentive program.
+Added: We withhold shares of our common stock associated with net share settlements to cover tax withholding obligations of awards under our employee equity incentive program.
During fiscal year 2026, we withheld approximately 51 million shares for a total value of $7.9 billion through net share settlements.
1 unchanged sentence
Recent Sales of Unregistered Securities and Use of Proceeds
−Removed: On December 6, 2024, we issued a total of 94,560 shares of our common stock, valued at approximately $13.5 million based on our closing stock price on the date of issuance, to key employees of a company we acquired.
−Removed: On December 29, 2024, we issued a total of 205,110 shares of our common stock, valued at approximately $28.1 million based on our closing stock price on December 27, 2024, to key employees of a company we acquired.
−Removed: The above securities were issued in transactions not involving a public offering pursuant to an exemption from registration set forth in Section 4(a)(2) of the Securities Act (and Regulation D or Regulation S promulgated thereunder).
+Added: On December 15, 2025, we acquired a company and issued to a key employee a total of 174,676 shares of our common stock, valued at approximately $31 million based on our closing stock price on the issuance date.
+Added: The above securities were issued in a transaction not involving a public offering pursuant to an exemption from registration set forth in Section 4(a)(2) of the Securities Act (and Regulation D or Regulation S promulgated thereunder).
Stock Performance Graphs
11 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.