v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Total net revenue $ 5,633.6 $ 5,349.6 $ 5,349.9
Cost of revenue 2,571.4 3,107.8 3,064.6
Gross profit 3,062.2 2,241.8 2,285.3
Selling and marketing 1,683.7 1,550.2 1,586.5
Research and development 1,005.2 948.2 887.6
General and administrative 883.3 716.1 839.5
Depreciation and amortization 229.4 171.2 122.3
Goodwill impairment 3,545.2 2,342.1 0.0
Business reorganization 106.5 104.6 14.6
Total operating expenses 7,453.3 5,832.4 3,450.5
Loss from operations (4,391.1) (3,590.6) (1,165.2)
Interest and other, net (93.3) (103.6) (141.9)
Loss on fair value adjustments, net (6.9) (8.6) (31.0)
Loss before income taxes (4,491.3) (3,702.8) (1,338.1)
(Benefit from) provision for income taxes (12.4) 41.4 (213.4)
Net loss $ (4,478.9) $ (3,744.2) $ (1,124.7)
Loss per share:      
Basic loss per share (in dollars per share) $ (25.58) $ (22.01) $ (7.03)
Diluted loss per share (in dollars per share) $ (25.58) $ (22.01) $ (7.03)
Game      
Total net revenue $ 5,167.5 $ 4,693.5 $ 4,735.6
Advertising      
Total net revenue $ 466.1 $ 656.1 $ 614.3