Valve has yet to release any CS2 operation since the game's 2023 launch, with the last full operation (Riptide) ending in early 2022 during the CS:GO era. Instead, Valve has leaned on Armory pass rotations for skins, charms, and stickers—most recently refreshed alongside the July 2026 Premier Season 5 update that returned Cache to the active map pool and reworked C4 mechanics. Smaller patches continue, including the September Rush 3v3 mode addition and October 2026 demo viewer and animation tweaks, but none carry the mission campaigns, seasonal structure, or branding of prior operations. Trader consensus on timing hinges on Valve's history of unannounced drops and deliberate pacing, where larger meta shifts or Major-adjacent content often arrive without warning rather than on predictable schedules.