CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions |
12 Months Ended | ||
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Mar. 31, 2025 |
Mar. 31, 2024 |
Mar. 31, 2023 |
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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 |
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- Definition Interest Income (Expense), and Other Nonoperating Income (Expense) No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of realized and unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of impairment loss from asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Research and development expense during the period related to the costs of developing and achieving technological feasibility of a computer software product to be sold, leased, or otherwise marketed. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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