Take-Two Interactive Software, Inc. (TTWO) Income Statement
TTWO FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsTTWO revenue and net income
Where TTWO's revenue goes
FY2026Each bar shows an amount and its share of revenue. TTWO kept −4.5% of revenue as net income.
TTWO profit margins
TTWO growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +18.2% | +7.6% | +14.6% | +16.8% |
| Gross profit | +24.4% | +18.6% | +15.7% | +20.3% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | −9.6% | +5.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TTWO quarterly EPS vs estimates
Take-Two beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 9, 2026 (estimate $0.40).
TTWO income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.66B | $5.63B | $5.35B | $5.35B | $3.50B | $3.37B | $3.09B | $2.67B | $1.79B | $1.78B |
| Cost of revenue | $2.85B | $2.57B | $3.11B | $3.06B | $1.54B | $1.54B | $1.54B | $1.52B | $898.3M | $1.02B |
| Gross profit | $3.81B | $3.06B | $2.24B | $2.29B | $1.97B | $1.84B | $1.55B | $1.14B | $894.6M | $756.8M |
| Research & development | $1.07B | $1.01B | $948.2M | $887.6M | $406.6M | $317.3M | $296.4M | $230.2M | $196.4M | $137.9M |
| Sales, general & admin | $2.65B | $2.57B | $2.27B | $2.43B | $1.03B | $835.4M | $776.7M | $672.6M | $503.9M | $496.9M |
| Total operating expenses | $3.92B | $3.80B | $3.39B | $3.44B | $1.50B | $1.21B | $1.12B | $938.1M | $759.0M | $665.5M |
| Operating income | −$108.6M | −$739.4M | −$1.14B | −$1.15B | $474.4M | $629.4M | $425.3M | $206.7M | $135.6M | $91.3M |
| Interest income | $85.1M | $98.6M | $65.6M | $33.8M | $17.6M | $18.7M | $47.3M | $38.0M | $4.0M | $15.4M |
| Interest expense | $161.3M | $169.3M | $140.6M | $143.9M | $24.5M | $10.6M | $5.2M | $8.0M | $22.3M | $21.7M |
| Income before taxes | −$197.8M | −$4.49B | −$3.70B | −$1.34B | $465.4M | $677.8M | $458.4M | $232.8M | $136.6M | $77.0M |
| Income taxes | $100.4M | −$12.4M | $41.4M | −$213.4M | $47.4M | $88.9M | $54.0M | −$101.1M | −$36.9M | $9.7M |
| Net income | −$298.2M | −$4.48B | −$3.74B | −$1.12B | $418.0M | $588.9M | $404.5M | $333.8M | $173.5M | $67.3M |
| EBITDA | $1.24B | −$2.98B | −$1.80B | $582.5M | $747.0M | $890.8M | $700.2M | $505.6M | $303.8M | $350.7M |
| EPS (diluted) | $3.92 | −$2.14 | −$16.29 | −$2.47 | $4.91 | $6.50 | $5.48 | $5.35 | $1.29 | $1.93 |
| Gross margin | 57.2% | 54.4% | 41.9% | 42.7% | 56.2% | 54.5% | 50.1% | 42.9% | 49.9% | 42.5% |
| Operating margin | −1.6% | −13.1% | −21.4% | −21.5% | 13.5% | 18.7% | 13.8% | 7.7% | 7.6% | 5.1% |
| Net margin | −4.5% | −79.5% | −70.0% | −21.0% | 11.9% | 17.5% | 13.1% | 12.5% | 9.7% | 3.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.53B | $1.68B | $1.70B | $1.77B | $1.50B | $1.58B | $1.36B | $1.35B | $1.34B | $1.40B | $1.37B | $1.30B |
| Cost of revenue | $651.4M | $741.1M | $753.5M | $793.3M | $558.8M | $779.2M | $599.9M | $625.2M | $567.1M | $930.3M | $688.2M | $883.8M |
| Gross profit | $882.5M | $938.7M | $945.5M | $980.5M | $945.0M | $803.3M | $759.9M | $727.9M | $771.1M | $469.1M | $678.1M | $415.4M |
| Research & development | $273.8M | $262.5M | $282.7M | $268.0M | $261.4M | $297.8M | $240.9M | $246.7M | $219.8M | $237.5M | $232.0M | $232.1M |
| Sales, general & admin | $596.0M | $616.0M | $651.8M | $761.6M | $615.8M | $632.3M | $578.5M | $714.3M | $641.9M | $620.5M | $532.3M | $512.9M |
| Total operating expenses | $918.0M | $928.7M | $983.6M | $1.08B | $927.6M | $1.02B | $868.9M | $1.03B | $956.0M | $3.18B | $807.6M | $959.1M |
| Operating income | −$35.5M | $10.0M | −$38.1M | −$97.9M | $17.4M | −$214.6M | −$109.0M | −$297.2M | −$184.9M | −$2.71B | −$129.5M | −$543.7M |
| Interest income | $22.8M | — | — | — | $16.5M | — | — | — | — | — | — | — |
| Interest expense | $30.4M | $28.2M | $17.1M | $17.5M | $14.3M | $7.1M | $24.6M | $25.9M | $24.2M | $30.5M | $14.5M | $31.1M |
| Income before taxes | −$49.3M | −$12.7M | −$55.8M | −$115.5M | −$13.8M | −$3.80B | −$152.9M | −$324.3M | −$212.2M | −$2.74B | −$152.3M | −$577.0M |
| Income taxes | −$15.2M | $46.8M | $37.1M | $18.4M | −$1.9M | −$75.7M | −$27.7M | $41.2M | $49.8M | $158.4M | −$60.7M | −$33.4M |
| Net income | −$34.1M | −$59.5M | −$92.9M | −$133.9M | −$11.9M | −$3.73B | −$125.2M | −$365.5M | −$262.0M | −$2.90B | −$91.6M | −$543.6M |
| EBITDA | $29.3M | $424.3M | $269.5M | $263.1M | $263.5M | −$3.31B | $139.0M | −$14.5M | $168.4M | −$2.27B | $197.0M | −$43.2M |
| EPS (diluted) | −$0.01 | $0.80 | $1.23 | $1.46 | $0.43 | $0.73 | $0.73 | −$2.08 | −$1.52 | −$17.02 | $0.53 | $1.42 |
| Gross margin | 57.5% | 55.9% | 55.7% | 55.3% | 62.8% | 50.8% | 55.9% | 53.8% | 57.6% | 33.5% | 49.6% | 32.0% |
| Operating margin | −2.3% | 0.6% | −2.2% | −5.5% | 1.2% | −13.6% | −8.0% | −22.0% | −13.8% | −193.9% | −9.5% | −41.8% |
| Net margin | −2.2% | −3.5% | −5.5% | −7.5% | −0.8% | −235.5% | −9.2% | −27.0% | −19.6% | −207.4% | −6.7% | −41.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TTWO's financial statements (latest annual report filed May 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TTWO financial results
In fiscal year 2026 (ended March 31, 2026), Take-Two reported revenue of $6.7 billion, up 18.2% from the year before. It had a net loss of $298.2 million, a net profit margin of −4.5%. Diluted earnings per share came to $3.92. Over five years revenue grew at an average rate of 14.6% a year.
See the TTWO stock overview for the latest quote and news, or the TTWO chart for price history and technical indicators.
TTWO income statement FAQ
What is Take-Two's annual revenue?
Take-Two reported total revenue of $6.7 billion for fiscal year 2026, which ended on March 31, 2026. That was up 18.2% from $5.6 billion the previous year.
Is Take-Two profitable?
No. Take-Two reported a net loss of $298.2 million in fiscal 2026, a net profit margin of −4.5%; its operating margin was −1.6%.
What is Take-Two's gross margin?
Take-Two's gross margin was 57.2% in fiscal 2026: for every $100 of revenue, Take-Two kept $57 after the direct cost of its products and services.
How much does Take-Two spend on research and development?
Take-Two spent $1.1 billion on research and development in fiscal 2026, 16.1% of revenue.
How fast is Take-Two growing?
Revenue grew 14.6% a year on average over the last five fiscal years, from $3.4 billion to $6.7 billion.
What are Take-Two's earnings per share?
Take-Two earned $3.92 per diluted share in fiscal 2026, compared with $-2.14 a year earlier.
When will Take-Two report its next earnings?
Take-Two is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does Take-Two's fiscal year end?
Take-Two's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on May 22, 2026.