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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 27, 2025
Dec. 28, 2024
Dec. 30, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)      
Revenue $ 1,894 $ 1,654 $ 2,079
Cost of revenue 990 913 1,032
Gross profit 904 741 1,047
Research and development, net 1,151 1,083 889
Sales and marketing 113 118 118
General and administrative 80 70 73
Goodwill impairment 0 2,695  
Total operating expenses 1,344 3,966 1,080
Operating income (loss) (440) (3,225) (33)
Financial income (expense), net 63 62 49
Income (loss) before income taxes (377) (3,163) 16
Benefit (provision) for income taxes (15) 73 (43)
Net income (loss) $ (392) $ (3,090) $ (27)
Earnings (loss) per share attributed to Class A and Class B stockholders:      
Basic $ (0.48) $ (3.82) $ (0.03)
Diluted $ (0.48) $ (3.82) $ (0.03)
Weighted-average number of shares used in computation of earnings (loss) per share attributed to Class A and Class B stockholders (in millions):      
Basic 813 809 805
Diluted 813 809 805
Other comprehensive income (loss), net of tax $ 15 $ 2 $ 9
TOTAL COMPREHENSIVE INCOME (LOSS) $ (377) $ (3,088) $ (18)