XML 40 R33.htm IDEA: XBRL DOCUMENT v3.25.4
Segment Information (Tables)
9 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents selected financial information with respect to the Company's single operating segment for the three and nine months ended December 31, 2025 and 2024:
Three Months Ended December 31,Nine Months Ended December 31,
(in millions)
2025202420252024
License and Other Revenue$505 $403 $1,488 $1,205 
Royalty Revenue 737 580 1,942 1,561 
1,242 983 3,430 2,766 
Less Operating Costs and Expenses:
Staff costs: Salaries, bonuses and benefits(424)(331)(1,222)(962)
Staff costs: Share-based compensation cost (equity settled) (285)(227)(791)(627)
Staff costs: Employer taxes related to share-based compensation(30)(38)(128)(171)
Non-staff costs:
Project materials costs, third-party fees paid to consultants, information technology, research and development expenses (excluding employee-related expense), accounting and legal professional services fees, advertising expenses, and other corporate-related expenses(250)(164)(645)(457)
Amortization(25)(21)(73)(65)
Depreciation(38)(26)(106)(68)
Other non-staff costs(5)(1)(3)
Operating income (loss)185 175 462 421 
Operating margin15 %18 %13 %15 %
Income (loss) from equity investments, net39 (6)53 
Interest income, net29 28 83 89 
Other non-operating income (loss), net 26 137 13 
Income (loss) from continuing operations before income taxes228 268 676 576 
Income tax benefit (expense) (5)(16)(85)
Net income (loss)$223 $252 $591 $582