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Segment and Revenue Information (Tables)

3 Months Ended

Jun. 30, 2025

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 three months ended June 30, 2025 and 2024 is presented below (in millions):

			Three Months Ended June 30,
			2025						2024
Net revenue			$	1,671					$	1,660
Less:
Cost of revenue (1)			266						249
Research and development (1)			596						528
Marketing and sales (1)			202						193
General and administrative (1)			157						150
Amortization and impairment of intangibles			27						27
Restructuring and related charges			—						6
Stock-based compensation			152						143
Interest and other (income) expenses, net			(2)						(30)
Provision for income taxes			72						114
Net income			$	201					$	280
(1) Excludes amounts related to amortization and impairment of intangibles, restructuring and related charges, and stock-based compensation, which are presented separately in the table above.

Disaggregation of Revenue

Information about our total net revenue by timing of recognition for the three months ended June 30, 2025 and 2024 is presented below (in millions):

			Three Months Ended June 30,
			2025						2024
Net revenue by timing of recognition
Revenue recognized at a point in time			$	442					$	371
Revenue recognized over time			1,229						1,289
Net revenue			$	1,671					$	1,660

Net Revenue By Revenue Composition

Information about our total net revenue by composition for the three months ended June 30, 2025 and 2024 is presented below (in millions):

			Three Months Ended June 30,
			2025						2024
Net revenue by composition
Full game downloads			$	233					$	190
Packaged goods			56						60
Full game			289						250
Live services and other			1,382						1,410
Net revenue			$	1,671					$	1,660

Net Revenue by Platform

Information about our total net revenue by platform for the three months ended June 30, 2025 and 2024 is presented below (in millions):

			Three Months Ended June 30,
			2025						2024
Platform net revenue
Console			$	1,007					$	1,005
PC and other			374						365
Mobile			290						290
Net revenue			$	1,671					$	1,660

Net Revenue By Geographic Area

Information about our operations in North America and internationally for the three months ended June 30, 2025 and 2024 is presented below (in millions):

			Three Months Ended June 30,
			2025						2024
Net revenue from unaffiliated customers
North America			$	642					$	616
International			1,029						1,044
Net revenue			$	1,671					$	1,660

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