v3.26.1
Revenue from Contracts with Customers
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
3. Revenue from Contracts with Customers
The following table summarizes revenue by region based on the billing country of users (in millions, except percentages):
 
Three Months Ended June 30,
 20262025
 AmountPercentage of RevenueAmountPercentage of Revenue
United States and Canada(1)
$846 57 %$670 62 %
Europe304 21 204 19 
Asia-Pacific, including Australia and New Zealand175 12 116 11 
Rest of world144 10 91 8 
Total$1,469 100 %$1,081 100 %
 
Six Months Ended June 30,
 20262025
 AmountPercentage of RevenueAmountPercentage of Revenue
United States and Canada(1)
$1,684 57 %$1,317 62 %
Europe599 21 398 19 
Asia-Pacific, including Australia and New Zealand344 12 225 11 
Rest of world284 10 176 8 
Total$2,911 100 %$2,116 100 %
The Company’s revenues in the United States were 54% of consolidated revenue for each of the three and six months ended June 30, 2026 and 58% for each of the three and six months ended June 30, 2025.
No individual country, other than the United States, exceeded 10% of the Company’s consolidated revenue for any period presented.
As a percentage of total virtual item-related revenue, durable and consumable revenues were as follows:
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Durable virtual item revenue91 %90 %90 %91 %
Consumable virtual item revenue9 %10 %10 %9 %
Deferred Revenue
The Company receives payments from its users based on the payment terms established in its contracts. Such payments are initially recorded to deferred revenue and are recognized into revenue as the Company satisfies its performance obligations. The aggregate amount of revenue allocated to unsatisfied performance obligations is included in the Company’s deferred revenue balances.
The increase in deferred revenue for the six months ended June 30, 2026 was driven by sales during the period exceeding revenue recognized from the satisfaction of the Company’s performance obligations, which includes the revenue recognized during the period that was included in the current portion of deferred revenue at the beginning of the period. During the six months ended June 30, 2026, we recognized $2.3 billion of revenue that was included in the current deferred revenue balance as of December 31, 2025.