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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Total net revenue $ 1,353.1 $ 1,299.2 $ 2,691.3 $ 2,583.9
Cost of revenue 625.2 883.8 1,192.3 1,489.3
Gross profit 727.9 415.4 1,499.0 1,094.6
Selling and marketing 461.3 334.6 892.7 734.0
Research and development 246.7 232.1 466.5 470.7
General and administrative 253.0 178.3 463.5 376.2
Depreciation and amortization 47.3 45.3 92.1 85.7
Goodwill impairment 0.0 165.4 0.0 165.4
Business reorganization 16.8 3.4 66.3 10.6
Total operating expenses 1,025.1 959.1 1,981.1 1,842.6
Loss from operations (297.2) (543.7) (482.1) (748.0)
Interest and other, net (25.9) (31.1) (50.1) (56.5)
Loss on fair value adjustments, net (1.2) (2.2) (4.3) (1.4)
Loss before income taxes (324.3) (577.0) (536.5) (805.9)
Provision for (benefit from) income taxes 41.2 (33.4) 91.0 (56.3)
Net loss $ (365.5) $ (543.6) $ (627.5) $ (749.6)
Loss per share:        
Basic loss per share (in dollars per share) $ (2.08) $ (3.20) $ (3.61) $ (4.42)
Diluted loss per share (in dollars per share) $ (2.08) $ (3.20) $ (3.61) $ (4.42)
Game        
Total net revenue $ 1,233.9 $ 1,128.6 $ 2,450.6 $ 2,224.7
Advertising        
Total net revenue $ 119.2 $ 170.6 $ 240.7 $ 359.2