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Segment Information (Tables) | 6 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table presents selected financial information with respect to the Company's single operating segment for the three and six months ended September 30, 2025 and 2024:
|  | Three Months Ended September 30, |  | Six Months Ended September 30,
(in millions) |  | 2025 |  | 2024 |  | 2025 |  | 2024
License and Other Revenue |  | $ | 515 |  |  | $ | 330 |  |  | $ | 983 |  |  | $ | 802 |
Royalty Revenue |  | 620 |  |  | 514 |  |  | 1,205 |  |  | 981 |
|  | 1,135 |  |  | 844 |  |  | 2,188 |  |  | 1,783 |
Less Operating Costs and Expenses: |  |  |  |  |  |  |  |
Staff costs: Salaries, bonuses and benefits |  | (409) |  |  | (327) |  |  | (798) |  |  | (631) |
Staff costs: Share-based compensation cost (equity settled) |  | (265) |  |  | (218) |  |  | (506) |  |  | (400) |
Staff costs: Employer taxes related to share-based compensation |  | (40) |  |  | (44) |  |  | (98) |  |  | (133) |
Non-staff costs: |  |  |  |  |  |  |  |
Project materials costs, third-party fees paid to consultants, information technology, research and development expenses (excluding employee-related expense), accounting and legal professional services fees, advertising expenses, and other corporate-related expenses |  | (203) |  |  | (148) |  |  | (395) |  |  | (293) |
Amortization |  | (24) |  |  | (21) |  |  | (48) |  |  | (44) |
Depreciation |  | (32) |  |  | (23) |  |  | (68) |  |  | (42) |
Other non-staff costs |  | 1 |  |  | 1 |  |  | 2 |  |  | 6 |
Operating income (loss) |  | 163 |  |  | 64 |  |  | 277 |  |  | 246 |
Operating margin |  | 14 | % |  | 8 | % |  | 13 | % |  | 14 | %
Income (loss) from equity investments, net |  | (16) |  |  | (10) |  |  | (12) |  |  | 14 |
Interest income, net |  | 27 |  |  | 29 |  |  | 54 |  |  | 61 |
Other non-operating income (loss), net |  | 128 |  |  | (19) |  |  | 129 |  |  | (13) |
Income (loss) from continuing operations before income taxes |  | 302 |  |  | 64 |  |  | 448 |  |  | 308 |
Income tax benefit (expense) |  | (64) |  |  | 43 |  |  | (80) |  |  | 22 |
Net income (loss) |  | $ | 238 |  |  | $ | 107 |  |  | $ | 368 |  |  | $ | 330 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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