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Segment Information (Tables)
3 Months Ended
Jun. 30, 2026
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 months ended June 30, 2026 and 2025:
Three Months Ended
June 30,
(in millions)
20262025
License and Other Revenue$574 $468 
Royalty Revenue 715 585 
Total Revenue1,289 1,053 
Less Operating Costs and Expenses:
Staff costs: Salaries, bonuses and benefits(449)(389)
Staff costs: Share-based compensation cost (equity settled) (343)(241)
Staff costs: Employer taxes related to share-based compensation(98)(58)
Non-staff costs:
Project materials costs, third-party fees paid to consultants, information technology, research and development expenses (excluding employee-related expenses), accounting and legal professional services fees, advertising expenses, and other corporate-related expenses(233)(192)
Amortization(27)(24)
Depreciation(48)(36)
Other non-staff costs— 
Operating income (loss)91 114 
Operating margin%11 %
Income (loss) from equity investments, net128 
Interest income, net31 27 
Other non-operating income (loss), net
Income (loss) before income taxes253 146 
Income tax benefit (expense) 17 (16)
Net income (loss)$270 $130