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Segment and Revenue Information (Tables)
6 Months Ended
Sep. 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 and six months ended September 30, 2025 and 2024 is presented below (in millions):
Three Months Ended
September 30,
Six Months Ended
September 30,
2025202420252024
Net revenue$1,839 $2,025 $3,510 $3,685 
Less:
Cost of revenue (1)
431 442 697 691 
Research and development (1)
563 526 1,159 1,054 
Marketing and sales (1)
289 256 491 449 
General and administrative (1)
156 164 313 314 
Amortization and impairment of intangibles26 27 53 54 
Restructuring and related charges— 52 — 58 
Stock-based compensation174 174 326 317 
Interest and other (income) expenses, net(15)(45)
Provision for income taxes60 105 132 219 
Net income$137 $294 $338 $574 
(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 and six months ended September 30, 2025 and 2024 is presented below (in millions):
Three Months Ended
September 30,
Six Months Ended
September 30,
2025202420252024
Net revenue by timing of recognition
Revenue recognized at a point in time$808 $918 $1,250 $1,289 
Revenue recognized over time1,031 1,107 2,260 2,396 
Net revenue$1,839 $2,025 $3,510 $3,685 
Net Revenue By Revenue Composition
Information about our total net revenue by composition for the three and six months ended September 30, 2025 and 2024 is presented below (in millions):
Three Months Ended
September 30,
Six Months Ended
September 30,
2025202420252024
Net revenue by composition
Full game downloads$401 $475 $634 $665 
Packaged goods217 241 273 301 
Full game618 716 907 966 
Live services and other
1,221 1,309 2,603 2,719 
Net revenue$1,839 $2,025 $3,510 $3,685 
Net Revenue by Platform
Information about our total net revenue by platform for the three and six months ended September 30, 2025 and 2024 is presented below (in millions):
Three Months Ended
September 30,
Six Months Ended
September 30,
 2025202420252024
Platform net revenue
Console$1,212 $1,374 $2,219 $2,379 
PC and other352 364 726 729 
Mobile275 287 565 577 
Net revenue$1,839 $2,025 $3,510 $3,685 
Net Revenue By Geographic Area
Information about our operations in North America and internationally for the three and six months ended September 30, 2025 and 2024 is presented below (in millions):
Three Months Ended
September 30,
Six Months Ended
September 30,
 2025202420252024
Net revenue from unaffiliated customers
North America$770 $899 $1,412 $1,515 
International1,069 1,126 2,098 2,170 
Net revenue$1,839 $2,025 $3,510 $3,685