TTWO

Business profile & competitive position

Take-Two Interactive Software, Inc. (TTWO) sits in the Technology sector, Electronic Gaming & Multimedia industry. The company develops, publishes, and markets interactive entertainment globally, operating primarily through three labels—Rockstar Games, 2K, and Zynga—for console systems, mobile devices, and PC. Products are delivered through physical retail, digital downloads, online platforms, and cloud streaming services.

The current margin and return figures do not show a profitable business on a trailing basis. The net margin is -4.8% and return on equity (ROE) is -9.1%, while the price-to-earnings ratio is -124.1. Those numbers imply the company is being valued more for its intellectual property, release pipeline, and player base than for recent bottom-line performance. A key operational detail is the share of resources committed to creation: as of March 31, 2026, 9,998 of Take-Two’s 12,909 full-time employees were focused on product development and R&D. Customer concentration is also a structural feature: the five largest customers accounted for 80.6% of fiscal 2026 net revenue, with Apple, Sony, Google, and Microsoft each individually exceeding 10% of net revenue. International sales represented 40.8% of fiscal 2026 net revenue.

Financial posture

Take-Two currently has a market capitalization of $40.1 billion and a share price of $214.69. The P/E ratio is -124.1, which matches the -4.8% net margin and the -9.1% ROE. A negative P/E means trailing earnings are negative, so the stock is not priced off current profitability alone.

Volatility relative to the broader market is roughly in line with the S&P 500, with a beta of 0.97. Short-term technicals show the stock trading below its 50-day exponential moving average of $233.71, while the 14-day RSI is 31.3, near the traditional oversold threshold. These metrics describe the current trading snapshot; they do not by themselves predict direction.

Strategic priorities & outlook

Take-Two’s most recent 10-K filing lays out four near-term priorities. The first is to attract and retain talent through competitive compensation, benefits, learning and development programs, and a culture of creativity and entrepreneurship. The second is to build deeper player relationships through post-launch content, virtual currency, add-on content, in-game purchases, customer analytics, and what the company calls safe, inclusive communities. The third is to increase scale and profitability by launching new intellectual property, growing core franchises with sequels and live-service content, pursuing strategic acquisitions, and improving operational efficiency. The fourth is to identify and lead new market trends by investing in emerging platforms, technologies, and geographies, specifically naming Asia, the Middle East, and Latin America.

The clearest near-term catalyst is the planned release of Grand Theft Auto VI on November 19, 2026, which falls within fiscal year 2027. That release sits at the center of the company’s pipeline and is the operational fact most likely to drive expectations over the next several quarters. As of March 31, 2026, the company had 12,909 full-time employees, 9,998 of whom were in product development/R&D. Revenue concentration remains elevated: five customers represented 80.6% of fiscal 2026 net revenue, while international sales made up 40.8%.

Macro & geopolitical exposure

The Electronic Gaming & Multimedia industry carries exposures that come with being a platform-dependent digital-content publisher. Console-hardware cycles affect demand for AAA releases, and platform policies from Apple, Sony, Google, and Microsoft can alter distribution economics and store fees. For Take-Two, this is not an abstract risk: each of those four companies individually exceeded 10% of fiscal 2026 net revenue.

Regulatory pressure on app stores, in-game purchases, virtual currency, and consumer protection can affect monetization models that support the live-service strategy. Because 40.8% of net revenue is international, currency translation and regional discretionary-spending trends also matter. Trade policy and hardware-component supply chains can influence console availability and pricing. Geographic expansion into Asia, the Middle East, and Latin America adds local licensing, content-rating, and data-privacy considerations. These are sector-level dynamics that affect similarly positioned publishers; the upside and downside flow through to Take-Two based on its specific revenue mix and platform dependence.

Recent developments

• On 2026-09-07, 247wallst.com published “Roblox Has Collapsed 47% This Year: Is It Time to Switch to Take-Two or GameStop?”, putting Take-Two into a peer-comparison discussion around the game sector.
• On 2026-09-05, marketbeat.com ran “GTA VI’s Console Problem Isn’t Take-Two’s Problem,” addressing platform availability concerns for the upcoming Grand Theft Auto VI launch.
• On 2026-09-04, gurufocus.com reported “Ball Over Everything in NBA® 2K27 Now Available Worldwide,” reflecting the recent global release of the 2K basketball title.
• On 2026-09-02, finbold.com published “$1,000 invested in Take-Two Interactive stock at GTA 6 gameplay reveal is now worth,” linking historical stock performance to the timing of the GTA VI gameplay reveal.

Earnings behavior & post-earnings drift

Over the last eight reported quarters, Take-Two beat EPS estimates six times, a 75% beat rate, with an average earnings surprise of 22.1%. Despite that strong headline record, the average five-day price move in the sessions following earnings was -3.06%, classified as a “down” post-earnings drift. That disconnect is the central pattern around this ticker: beating estimates has not reliably produced a sustained price increase.

In the most recent beat quarters, the stock sold off immediately after reporting. On 2025-11-06, actual EPS was $1.46 versus an estimate of $0.939, a 55.5% surprise, yet the stock fell 8.08% the next day and 5.88% over the next five days. On 2026-02-03, actual EPS of $1.23 beat the $0.833 estimate by 47.7%, and the stock dropped 5.38% the next day, recovering slightly to finish the five-day window down 0.69%. On 2026-05-21, actual EPS of $0.80 beat the $0.563 estimate by 42.1%, but the stock still declined 4.42% the next day and 5.85% over the following five sessions.

The most recent report, on 2026-08-07, was a miss: actual EPS was -$0.18 versus an estimate of $0.327, a -155% surprise. Instead of falling, the stock rose 2.87% the next day and finished the five-day window up 0.18%, again moving opposite to the direction of the surprise. The implication is that post-earnings price action has been driven more by forward guidance, cost commentary, and the GTA VI timeline than by whether the reported quarter beat or missed. The next scheduled report is on 2026-11-05, with a consensus EPS estimate of $0.974.

Because this profile focuses only on reported financial posture, news flow, and historical earnings behavior, it should be read alongside forward-looking analyst models, management guidance, and industry comparables. For a deeper dive, take a look at the full institutional verdict on the ticker, where consensus revenue, margin, and valuation assumptions are fully broken out.