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Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Revenue $ 4,920 $ 4,007 $ 3,233
Cost of sales (121) (121) (154)
Gross profit (loss) 4,799 3,886 3,079
Research and development (2,776) (2,071) (1,979)
Selling, general and administrative (1,115) (984) (983)
Disposal, restructuring and other operating expenses, net (8) 0 (6)
Total operating expenses (3,899) (3,055) (2,968)
Operating income (loss) 900 831 111
Income (loss) from equity investments, net 14 (237) (20)
Interest income, net 111 116 110
Other non-operating income (loss), net 132 10 11
Income (loss) before income taxes 1,157 720 212
Income tax benefit (expense) (253) 72 94
Net income (loss) $ 904 $ 792 $ 306
Net income (loss) per share attributable to ordinary shareholders      
Basic (in USD per share) $ 0.85 $ 0.75 $ 0.30
Diluted (in USD per share) $ 0.85 $ 0.75 $ 0.29
Weighted average ordinary shares outstanding      
Basic (in shares) 1,061 1,050 1,027
Diluted (in shares) 1,068 1,063 1,044
Nonrelated Party      
Revenue $ 3,421 $ 3,184 $ 2,509
Related Party      
Revenue $ 1,499 $ 823 $ 724