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Condensed Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total revenue $ 1,135.0 $ 844.0 $ 2,188.0 $ 1,783.0
Cost of sales (29.0) (32.0) (59.0) (65.0)
Gross profit (loss) 1,106.0 812.0 2,129.0 1,718.0
Research and development (691.0) (507.0) (1,341.0) (992.0)
Selling, general and administrative (252.0) (241.0) (511.0) (480.0)
Total operating expense (943.0) (748.0) (1,852.0) (1,472.0)
Operating income (loss) 163.0 64.0 277.0 246.0
Income (loss) from equity investments, net (16.0) (10.0) (12.0) 14.0
Interest income, net 27.0 29.0 54.0 61.0
Other non-operating income (loss), net 128.0 (19.0) 129.0 (13.0)
Income (loss) before income taxes 302.0 64.0 448.0 308.0
Income tax benefit (expense) (64.0) 43.0 (80.0) 22.0
Net income (loss) $ 238.0 $ 107.0 $ 368.0 $ 330.0
Net income (loss) per share attributable to ordinary shareholders        
Basic (in dollars per share) $ 0.22 $ 0.10 $ 0.35 $ 0.32
Diluted (in dollars per share) $ 0.22 $ 0.10 $ 0.34 $ 0.31
Weighted average ordinary shares outstanding        
Basic (in shares) 1,060 1,049 1,059 1,047
Diluted (in shares) 1,069 1,063 1,067 1,061
External Customers        
Total revenue $ 713.0 $ 652.0 $ 1,438.0 $ 1,467.0
Related Parties        
Total revenue $ 422.0 $ 192.0 $ 750.0 $ 316.0