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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Total net revenue $ 1,366.3 $ 1,407.8 $ 3,950.2 $ 3,903.7
Cost of revenue 688.2 691.9 2,177.5 1,841.6
Gross profit 678.1 715.9 1,772.7 2,062.1
Selling and marketing 367.6 446.7 1,103.1 1,163.1
Research and development 232.4 238.2 710.7 655.2
General and administrative 165.0 168.9 542.7 620.6
Depreciation and amortization 42.6 35.0 128.3 86.0
Goodwill impairment 0.0 0.0 165.4 0.0
Total operating expenses 807.6 888.8 2,650.2 2,524.9
Loss from operations (129.5) (172.9) (877.5) (462.8)
Interest and other, net (22.5) (28.3) (79.0) (108.1)
(Loss) gain on fair value adjustments, net (0.3) 1.1 (1.7) (36.6)
Loss before income taxes (152.3) (200.1) (958.2) (607.5)
Benefit from income taxes 60.7 46.7 117.0 93.1
Net loss $ (91.6) $ (153.4) $ (841.2) $ (514.4)
Loss per share:        
Basic loss per share (in dollars per share) $ (0.54) $ (0.91) $ (4.95) $ (3.27)
Diluted loss per share (in dollars per share) $ (0.54) $ (0.91) $ (4.95) $ (3.27)
Game        
Total net revenue $ 1,208.2 $ 1,231.3 $ 3,432.9 $ 3,469.3
Advertising        
Total net revenue $ 158.1 $ 176.5 $ 517.3 $ 434.4