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REVENUE FROM CONTRACTS WITH CUSTOMERS
12 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of Revenue
Timing of recognition
Net revenue recognized at a point in time is primarily comprised of the portion of revenue from software products that is recognized when the customer takes control of the product (i.e. upon delivery of the software product).
Net revenue recognized over time is primarily comprised of revenue from our software products that include game related services, separate virtual currency transactions, and in-game purchases, which are recognized over an estimated service period. Net revenue recognized over time also includes in-game advertising, which is recognized over a contractual term.
Net revenue by timing of recognition was as follows:
Fiscal Year Ended March 31,
202420232022
Net revenue recognized:
Over time$4,312.2 $4,208.0 $2,214.8 
Point in time1,037.4 1,141.9 1,290.0 
Total net revenue$5,349.6 $5,349.9 $3,504.8 

Content
    Recurrent consumer spending ("RCS") is generated from ongoing consumer engagement and includes revenue from virtual currency, add-on content, in-game purchases, and in-game advertising.
Full game and other revenue primarily includes the initial sale of full game software products, which may include offline and/or significant game related services.
Net revenue by content was as follows:
Fiscal Year Ended March 31,
202420232022
Net revenue recognized:
Recurrent consumer spending$4,213.5 $4,180.4 $2,271.2 
Full game and other1,136.1 1,169.5 1,233.6 
Total net revenue$5,349.6 $5,349.9 $3,504.8 

Geography
We attribute net revenue to geographic regions based on software product destination. Net revenue by geographic region was as follows:
Fiscal Year Ended March 31,
202420232022
Net revenue recognized:
United States$3,279.2 $3,360.0 $2,100.2 
International2,070.4 1,989.9 1,404.6 
Total net revenue$5,349.6 $5,349.9 $3,504.8 

Platform
Net revenue by platform was as follows:
Fiscal Year Ended March 31,
202420232022
Net revenue recognized:
Mobile$2,748.0 $2,538.6 $403.4 
Console2,167.3 2,303.8 2,528.9 
PC and other434.3 507.5 572.5 
Total net revenue$5,349.6 $5,349.9 $3,504.8 
Distribution Channel
    Our products are delivered through digital online services (digital download, online platforms, and cloud streaming) and physical retail and other. Net revenue by distribution channel was as follows:
Fiscal Year Ended March 31,
202420232022
Net revenue recognized:
Digital online$5,112.2 $5,085.7 $3,149.0 
Physical retail and other237.4 264.2 355.8 
Total net revenue$5,349.6 $5,349.9 $3,504.8 
Deferred Revenue
    We record deferred revenue when payments are due or received in advance of the fulfillment of our associated performance obligations. The balance of deferred revenue, including current and non-current balances as of March 31, 2024 and March 31, 2023 were $1,102.4 and $1,114.3, respectively. For the fiscal year ended March 31, 2024, the additions to our deferred revenue balance were due primarily to cash payments received or due in advance of satisfying our performance obligations, while the reductions to our deferred revenue balance were due primarily to the recognition of revenue upon fulfillment of our performance obligations, both of which were in the ordinary course of business.
    During the fiscal year ended March 31, 2024, $1,065.1 of revenue was recognized that was included in the deferred revenue balance at the beginning of the respective period. As of March 31, 2024, the aggregate amount of contract revenue allocated to unsatisfied performance obligations is $1,238.7, which includes our deferred revenue balances and amounts to be invoiced and recognized as revenue in future periods. We expect to recognize approximately $1,152.0 of this balance as revenue over the next 12 months, and the remainder thereafter. This balance does not include an estimate for variable consideration arising from sales-based royalty license revenue in excess of the contractual minimum guarantee.
    As of March 31, 2024 and March 31, 2023, our contract asset balances were $85.0 and $79.9, respectively.