The ICANN Board Audit Committee met on 6 October 2026 to review the FY26 audited consolidated financial statements. The independent audit firm issued an unmodified opinion, confirming the statements are free from material misstatement and comply with U.S. Generally Accepted Accounting Principles. Staff reported FY26 funding of US$174 million and expenses of US$193 million, resulting in a net operating excess of US$18 million after investment gains. The committee discussed revenue recognition for the 2026 Round, noting that application fees are recorded as deferred revenue until evaluations are completed.
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