v3.26.1
Segment and Revenue Information (Tables)
12 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information about our single reportable segment net revenue, net income, and significant segment expenses for the fiscal years ended March 31, 2026, 2025, and 2024 is presented below (in millions):
Year Ended March 31,
202620252024
Net revenue$7,531 $7,463 $7,562 
Less:
Cost of revenue (1)
1,536 1,489 1,626 
Research and development (1)
2,361 2,112 2,002 
Marketing and sales (1)
1,071 906 967 
General and administrative (1)
614 625 583 
Acquisition-related expenses (2)
131 107 218 
Restructuring and related charges— 62 64 
Stock-based compensation656 642 584 
Interest and other (income) expenses, net(18)(85)(71)
Provision for income taxes293 484 316 
Net income$887 $1,121 $1,273 
(1) Excludes amounts related to acquisition-related expenses, restructuring and related charges, and stock-based compensation, which are presented separately in the table above.
(2) Includes (i) amortization and impairment of intangibles, and (ii) fees and other direct expenses related to the Merger described in Note 1, which are recorded within General and administrative expenses in the Consolidated Statements of Operations.
Disaggregation of Revenue
Information about our total net revenue by timing of recognition for the fiscal years ended March 31, 2026, 2025, and 2024 is presented below (in millions):
Year Ended March 31,
202620252024
Net revenue by timing of recognition
Revenue recognized at a point in time$2,473 $2,665 $2,563 
Revenue recognized over time5,058 4,798 4,999 
Net revenue$7,531 $7,463 $7,562 
Net Revenue By Revenue Composition
Information about our total net revenue by composition for the fiscal years ended March 31, 2026, 2025, and 2024 is presented below (in millions):
 Year Ended March 31,
 202620252024
Net revenue by composition
Full game downloads$1,708 $1,478 $1,343 
Packaged goods440 524 672 
Full game2,148 2,002 2,015 
Live services and other
5,383 5,461 5,547 
Net revenue$7,531 $7,463 $7,562 
Schedule of Net Revenue by Platform
Information about our total net revenue by platform for the fiscal years ended March 31, 2026, 2025, and 2024 is presented below (in millions):
Year Ended March 31,
 202620252024
Platform net revenue
Console$4,694 $4,776 $4,632 
PC and other1,746 1,547 1,717 
Mobile1,091 1,140 1,213 
Net revenue$7,531 $7,463 $7,562 
Net Revenue By Geographic Area
Information about our operations in North America and internationally for the fiscal years ended March 31, 2026, 2025, and 2024 is presented below (in millions):
 Year Ended March 31,
 202620252024
Net revenue from unaffiliated customers
North America$3,034 $3,078 $3,001 
International4,497 4,385 4,561 
Net revenue$7,531 $7,463 $7,562 
Long-Lived Assets By Geographic Area
 As of March 31,
 20262025
Long-lived assets
North America$463 $438 
International150 148 
Total$613 $586