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Segment and Revenue Information | 9 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Segment and Revenue Information | SEGMENT AND REVENUE INFORMATION Our reporting segment is based upon: our internal organizational structure; the manner in which our operations are managed; the criteria used by our Chief Executive Officer, our Chief Operating Decision Maker (“CODM”), to evaluate segment performance; the availability of separate financial information; and overall materiality considerations. Our CODM currently reviews total company operating results to assess overall performance and allocate resources. As of December 31, 2024, we have only one reportable segment, which represents our only operating segment. Information about our total net revenue by timing of recognition for the three and nine months ended December 31, 2024 and 2023 is presented below (in millions):
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net revenue by timing of recognition |  |  |  |  |  |  |
Revenue recognized at a point in time | $ | 747 |  |  | $ | 784 |  |  | $ | 2,036 |  |  | $ | 2,085 |
Revenue recognized over time | 1,136 |  |  | 1,161 |  |  | 3,532 |  |  | 3,698 |
Net revenue | $ | 1,883 |  |  | $ | 1,945 |  |  | $ | 5,568 |  |  | $ | 5,783 |
Generally, performance obligations that are recognized upfront upon transfer of control are classified as revenue recognized at a point in time, while performance obligations that are recognized over either the period in which we offer to provide future update rights and/or online hosting for the game and related extra content sold (“Estimated Offering Period”), contractual term or subscription period as the services are provided are classified as revenue recognized over time. Revenue recognized at a point in time includes revenue allocated to the software license performance obligation. This also includes a portion of revenue from the licensing of software to third-parties. Revenue recognized over time includes service revenue allocated to the future update rights and the online hosting performance obligations. This also includes online-hosted services such as our Ultimate Team game mode, revenue allocated to the future update rights from licensing of software to third-parties, subscription services, and revenue recognized from third parties that publish games and services under a license to certain of our intellectual property assets. Information about our total net revenue by composition for the three and nine months ended December 31, 2024 and 2023 is presented below (in millions):
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net revenue by composition |  |  |  |  |  |  |
Full game downloads | $ | 446 |  |  | $ | 431 |  |  | $ | 1,111 |  |  | $ | 1,078 |
Packaged goods | 153 |  |  | 187 |  |  | 454 |  |  | 604 |
Full game | 599 |  |  | 618 |  |  | 1,565 |  |  | 1,682 |
Live services and other | 1,284 |  |  | 1,327 |  |  | 4,003 |  |  | 4,101 |
Net revenue | $ | 1,883 |  |  | $ | 1,945 |  |  | $ | 5,568 |  |  | $ | 5,783 |
Full game net revenue includes full game downloads and packaged goods. Full game downloads primarily includes revenue from digital sales of full games on console, PC, and certain licensing revenue. Packaged goods primarily includes revenue from software that is sold physically through traditional channels such as brick and mortar retailers. Live services and other net revenue primarily includes revenue from sales of extra content for console, PC, and mobile games, certain licensing revenue, subscriptions, and advertising. Information about our total net revenue by platform for the three and nine months ended December 31, 2024 and 2023 is presented below (in millions):
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
Platform net revenue |  |  |  |  |  |  |
Console | $ | 1,215 |  |  | $ | 1,229 |  |  | $ | 3,594 |  |  | $ | 3,583 |
PC and other | 392 |  |  | 420 |  |  | 1,121 |  |  | 1,294 |
Mobile | 276 |  |  | 296 |  |  | 853 |  |  | 906 |
Net revenue | $ | 1,883 |  |  | $ | 1,945 |  |  | $ | 5,568 |  |  | $ | 5,783 |
Information about our operations in North America and internationally for the three and nine months ended December 31, 2024 and 2023 is presented below (in millions):
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net revenue from unaffiliated customers |  |  |  |  |  |  |
North America | $ | 781 |  |  | $ | 777 |  |  | $ | 2,296 |  |  | $ | 2,331 |
International | 1,102 |  |  | 1,168 |  |  | 3,272 |  |  | 3,452 |
Net revenue | $ | 1,883 |  |  | $ | 1,945 |  |  | $ | 5,568 |  |  | $ | 5,783 |

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- Definition The entire disclosure for reporting segments including data and tables. 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