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Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Total revenue $ 1,053.0 $ 939.0
Cost of sales (30.0) (33.0)
Gross profit (loss) 1,023.0 906.0
Research and development (650.0) (485.0)
Selling, general and administrative (259.0) (239.0)
Total operating expense (909.0) (724.0)
Operating income (loss) 114.0 182.0
Income (loss) from equity investments, net 4.0 24.0
Interest income, net 27.0 32.0
Other non-operating income (loss), net 1.0 6.0
Income (loss) before income taxes 146.0 244.0
Income tax benefit (expense) (16.0) (21.0)
Net income (loss) $ 130.0 $ 223.0
Net income (loss) per share attributable to ordinary shareholders    
Basic (in USD per share) $ 0.12 $ 0.21
Diluted (in USD per share) $ 0.12 $ 0.21
Weighted average ordinary shares outstanding    
Basic (in shares) 1,058,000,000 1,044,000,000
Diluted (in shares) 1,065,000,000 1,060,000,000
External Customers    
Total revenue $ 725.0 $ 815.0
Related Parties    
Total revenue $ 328.0 $ 124.0