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Primary reporting period: 2026-03-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Established in 1993 and headquartered in New York, New York, Take-Two Interactive Software, Inc. is a global leader in the development, publishing, and marketing of interactive entertainment experiences for consumers worldwide. The company's extensive catalog is primarily distributed under its prominent labels: Rockstar Games, 2K, Private Division, and T2 Mobile Games. Rockstar Games is renowned for its action-adventure titles, including iconic franchises like Grand Theft Auto, Red Dead Redemption, Max Payne, and Midnight Club, alongside other fan favorites such as LA Noire, Bully, and Manhunt.
How they make money
Take-Two Interactive develops, publishes, and markets interactive entertainment for consumers globally. The company generates revenue primarily through the sale of video games across various platforms, including consoles, PC, and mobile, as well as through recurring consumer spending on in-game purchases, downloadable content, and advertising.
Products & services
The company produces and publishes interactive entertainment products, including action-adventure, sports, and simulation games, as well as mobile-first games, primarily under the Rockstar Games, 2K, and Zynga labels.
Brands & revenue mix
Rockstar Games
Publisher of major franchises including Grand Theft Auto and Red Dead Redemption.
Separate brand revenue is not available in this research.Source
2K
Publisher of sports and simulation titles including NBA 2K and Borderlands.
Separate brand revenue is not available in this research.Source
Zynga
Publisher focused on mobile-first interactive entertainment.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
The company relies on digital storefronts and platform holders (Sony, Microsoft, Apple, Google) for the distribution of its products, as disclosed in the 2026 10-K.
Suppliers, materials & equipment
Platform manufacturers — Sony, Microsoft, and Nintendo manufacture or control the selection of approved manufacturers for physical copies of software products.Source
Competitors
Electronic Arts — Developer and publisher of interactive entertainment software.Source
Activision Blizzard — Developer and publisher of interactive entertainment software.Source
Ubisoft — Developer and publisher of interactive entertainment software.Source
Strengths
Strong portfolio of intellectual property including Grand Theft Auto and NBA 2KSource
Risks
Dependence on platform holders for distributionSource
Risks associated with product development delaysSource
Overall investment score · Quality, value, risk and opportunity
21
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
35
Poor
Financial Strength
61
Business Quality / Moat
32
Management
19
Growth Quality
28
Risk / Durability
8
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
42
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
49/100
Building Historical Record
Model Score 49/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
What we like
•Balance-sheet / debt profile scores strongly
What to watch
•Debt service risk
•Valuation is a weaker part of the current profile
•Revenue fundamentals are weak
•Asset quality is a weaker factor
Company-specific research
Questions worth answering for TTWO
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can TTWO maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•Is TTWO's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•Is TTWO's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What specifically needs to improve for TTWO to reach sustainable profitability?
•What future growth or profitability would be needed to justify TTWO's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TTWO
Detected from reported data — verify before acting.
Debt service risk
Interest coverage is low (~-0.7x). Earnings may be strained to cover interest expense.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on TTWO.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Strong portfolio of intellectual property including Grand Theft Auto and NBA 2K.
+Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Electronic Gaming & Multimedia industry.
−Dependence on platform holders for distribution.
−Risks associated with product development delays.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Very Weak21/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Strong
87
Debt Cost5.5%
Debt Reduction YoY28.0%
Debt / Equity0.84x
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Revenue
Poor
11
Revenue YoY0.5%
Revenue CAGR11.5%
Net Margin-4.8%
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Asset
Poor
22
Asset Growth YoY2.2%
Liquidation/Share$19.47
Net Assets/MCap0.16x
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Capital
Poor
0
Earnings Yield-0.8%
Buyback Yield0.0%
Debt Cost5.5%
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Management
Poor
19
ROIC-2.1%
ROE-8.9%
ROA-3.5%
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Moat
Poor
32
EPS Growth—
FCF/Share Growth-11.1%
Rev/Share Growth6.5%
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Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
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Buffett
Poor
35
Revenue11
Moat32
Valuation0
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MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
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Financial
Poor
22
Interest Coverage-0.7x
ROIC-2.1%
FCF Yield1.2%
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Master
Poor
15
Financial22
Valuation0
Debt87
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Resilience
Poor
29
Survival Years0.6 yrs
Current Ratio1.24x
FCF Margin6.9%
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Score Changes
2 historical score records available
Previous Score
21
Jul 24, 2026
Change
Unchanged
Current Score
21
Oct 1, 2026
Category Changes
Revenue+0.6
Debt-0.5
Assets+0.3
Capital0
Management0
Moat0
Valuation0
Buffett+0.1
TTWO score was unchanged.
Projected Score
Projected Score
26
Projected Change
+5.0 points
Preliminary comparable-period financial changes suggest improvement of approximately 5.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailable
Current Price
$192.69
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue
$6.69B
$6.66B
$5.63B
$5.35B
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····
····
····
····
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Cost of Revenue
$2.94B
$2.85B
$2.57B
$3.11B
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····
····
····
····
····
Gross Profit
$3.75B
$3.81B
$3.06B
$2.24B
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····
····
····
····
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Research & Development
$1.09B
$1.07B
$1.01B
$948.2M
····
····
····
····
····
····
····
SG&A Expenses
$2.63B
$2.65B
$2.57B
$2.27B
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····
····
····
····
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Operating Expenses
$3.91B
$3.92B
$3.80B
$3.39B
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····
····
····
····
····
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EBITDA
$986.2M
$1.24B
-$2.98B
-$1.80B
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····
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····
····
····
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Operating Income
-$161.5M
-$108.6M
-$739.4M
-$1.14B
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····
····
····
····
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Interest Expense
$93.2M
$161.3M
$169.3M
$140.6M
····
····
····
····
····
····
····
Income Before Tax
-$233.3M
-$197.8M
-$4.49B
-$3.70B
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····
····
····
····
····
····
Income Tax Expense
$87.1M
$100.4M
-$12.4M
$41.4M
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····
····
····
····
····
····
Net Income
-$320.4M
-$298.2M
-$4.48B
-$3.74B
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····
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····
····
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Basic EPS
$-1.73
$-1.62
$-25.58
$-22.01
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Basic Shares
186M
185M
175M
170M
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····
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····
····
····
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Diluted Shares
186M
185M
175M
170M
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····
····
····
····
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Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Debt reduced
What Weakened
Margins contracted
Cash position declined
Potential Score Impact
Positive indicators included revenue growth, EPS growth, debt levels. Pressure indicators included cash levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 2.0%. EPS increased 173.6%. Cash declined 32.6%. Total debt declined 16.0%. Net income margin declined by 1.4 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.