Screener / SEC EDGAR /CIK 0000946581 /10-K filed May 22, 2026, compared with May 20, 2025 /Numbers from the XBRL of the 10-Ks
Communication peers:
Nasdaq Communication · Software

Take-Two Interactive TTWO

We are a leading developer, publisher, and marketer of interactive entertainment for consumers around the globe. 10-K, Item 1

Employees
9,998
Headquarters
New York, NY
CEO
Strauss Zelnick
Next results
around Feb 2, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2022

Revenue of $3.5B through the costs to a net profit of $418.0M · income statement of the 10-K

14% operating margin
Revenue to Gross profit: $2.0BRevenue to Cost of revenue: $1.5BGross profit to Operating profit: $473.6MGross profit to Operating expenses: $1.5BOperating profit to Net profit: $418.0MOperating profit to Tax & other: $55.6M Revenue: $3.5B REVENUE $3.5B +4% Y/Y Gross profit: $2.0B · 56% margin GROSS PROFIT $2.0B 56% margin · +7% Y/Y Cost of revenue: $1.5B · 44% of revenue COST OF REVENUE $1.5B 44% of revenue Operating profit: $473.6M · 14% margin OPERATING PROFIT $473.6M 14% margin · −25% Y/Y Operating expenses: $1.5B · 43% of revenue OPERATING EXPENSES $1.5B 43% of revenue Net profit: $418.0M · 12% margin NET PROFIT $418.0M 12% margin · −29% Y/Y Tax & other: $55.6M · 2% of revenue TAX & OTHER $55.6M 2% of revenue
Gross profit $2.0B 56% margin · +7% Y/Y
Operating profit $473.6M 14% margin · −25% Y/Y
Net profit $418.0M 12% margin · −29% Y/Y
The full income statement, year by year

TTWO among Communication peers

Six ratios from the latest 10-K. Each corner is the share of 18 peers the company is above, not a score.

Compare
Revenue growth: 18.2%, above 83% of 18 peers (their median 5.9%) REVENUE GROWTH 18.2% · above 83% Gross margin: 56.6%, above 33% of 6 peers (their median 70.9%) GROSS MARGIN 56.6% · above 33% Operating margin: -2.8%, above 6% of 16 peers (their median 19.6%) OPERATING MARGIN -2.8% · above 6% Net margin: -3.8%, above 6% of 18 peers (their median 9.7%) NET MARGIN -3.8% · above 6% FCF margin: 1.5%, above 7% of 15 peers (their median 11.6%) FCF MARGIN 1.5% · above 7%
TTWO Peer median Below the median

What changed

14 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed May 22, 2026 against May 20, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 9 checks found nothing to note

  • Critical audit matters changed
    New this year: Goodwill Impairment Assessment (“At March 31, 2026, the Company's goodwill balance was $1,061.9 million on its consolidated balance sheet. As disclosed in Note 1 to the consolidated financial statements, goodwill is tested for impairment annually, or more frequently if events and circumstances indicate the fair value of a reporting”). No longer listed: Impairment of intangible assets that are subject to amortization; Impairment of goodwill for a certain reporting unit
  • Receivables -4.4% vs revenue +18.2% (-22.6 pts)
8 more checks with nothing to note
  • Cash from operations $624.3M vs net income −$298.2M (FY ending Mar 31, 2026)
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

14 paragraphs in Risk Factors that were not in the 10-K filed May 20, 2025. Quoted as filed.

All 14 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed May 20, 2025 10-K, ITEM 1A
    The AI regulatory landscape is evolving, and we may be required to dedicate additional operational and financial resources to ensure compliance with new legal requirements. For instance, the European Union ("E.U.") Artificial Intelligence Act entered into force in August 2024, with some provisions becoming enforceable between February…
  2. Item 1A · new paragraph · not in the 10-K filed May 20, 2025 10-K, ITEM 1A
    Our vendors, service providers, business partners, and software supply chain may also experience disruptions, be subject to attacks, or have compromised security, which may result in future security incidents and breaches, and otherwise adversely impact our ability to provide our products and services.
  3. Item 1A · new paragraph · not in the 10-K filed May 20, 2025 10-K, ITEM 1A
    Our continued success will depend to a significant extent on our senior management team and our relationship with ZMC Advisors, L.P. ("ZMC"). Our Executive Chairman/Chief Executive Officer and President are partners of ZMC. We are
  4. Item 1A · new paragraph · not in the 10-K filed May 20, 2025 10-K, ITEM 1A
    Certain of our products are based on or incorporate intellectual property owned by others. For example, certain of our 2K products include rights licensed from major sports leagues and players' associations. Similarly, some of our other titles are

New risk paragraphs, against peers

Latest 10-K of each, Communication companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$5.3B$5.3B$5.6B$6.7B
Net income−$1.1B−$3.7B−$4.5B−$298.2M
Operating cash flow$1.1M−$16.1M−$45.2M$624.3M
Free cash flow−$203.1M−$157.8M−$214.6M$461.5M

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$6.7B ▲ 18.2% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Take-Two Interactive, New York, NY · from the 10-K filed May 22, 2026

We are a leading developer, publisher, and marketer of interactive entertainment for consumers around the globe. We develop, operate, and publish products principally through Rockstar Games, 2K, and Zynga. Our products are currently designed for console gaming systems, mobile, including smartphones and tablets, and personal computer ("PC"). We deliver our products through physical retail, digital download, online platforms, and cloud streaming services.

Headquarters
New York, NY
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
March 31
Last results
Nov 9, 2026
Incorporated in
DE

Employees, at the top of the page: "As of March 31, 2026, we had a research and development staff of 9,998 full-time employees with the technical capabilities to develop software titles for all major consoles, PCs, and mobile platforms in multiple languages and territories" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed May 22, 2026 (open at SEC), compared with the 10-K filed May 20, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/TTWO/export.csv") into a cell.