Windows 11 Pro is stuck on 25H2 and does not offer 26H2, even with ‘Get the latest updates’ turned on

26H2 update is available. I have my laptop set to get the latest updates when available. This setting has been on for months now. Still, I’m on 25H2. I can click the update button repeatedly and then it says the system is up to date.

Why can’t Windows update properly?