Take-Two Interactive Software Inc
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Take-Two Interactive Software Inc AI Insights
Informational only. Not investment advice.Snapshot
- Goodwill/intangibles of 5.2B is 151% of equity (3.4B) - tangible book value is NEGATIVE (-1.7B). Material impairment risk if GTA VI underperforms.[Goodwill and Other Intangible Assets]
- Net loss of -4.0B TTM (-64% margin) vs industry median -0.1% - extreme underperformance driven by 3.9B operating expenses ahead of major release.[Net Income TTM]
- P/S of 7.3x vs industry median 3.9x - market pricing in 88% premium despite current losses, betting entirely on GTA VI success.[P/S Ratio]
Watch Triggers
- Operating Margin TTM: Improves to >0% post-launch — Confirms GTA VI monetization is working; current -6.5% reflects pre-launch spend
- Free Cash Flow TTM: Falls below 0 for 2+ quarters — Would signal burn rate exceeding expectations, potential need for dilutive financing
- Total Debt: Increases above 4B — Additional leverage with negative tangible equity increases financial fragility
Bull Case
GTA franchise is gaming's most valuable IP. GTA V sold 200M+ copies. Current losses are investment in GTA VI which could generate 10B+ over lifecycle.
FCF positive (203M TTM) despite -4B net loss shows cash generation ability. 1.9B cash provides runway through launch.
Bear Case
3.5B total debt at 1.0x D/E with negative tangible equity. If GTA VI disappoints, refinancing risk emerges with no asset cushion.
Valuation assumes flawless execution. P/S 7.3x (1.9x industry) prices in success. Any delay or reception issues = significant downside.
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
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Forward Thesis
GTA VI launch (expected 2025) will trigger massive revenue inflection, potentially 3-5x current TTM revenue
- GTA V generated $8B+ lifetime revenue
- R&D spend of 1.1B TTM building next-gen content
- Operating losses indicate pre-launch investment phase
Valuation Context
Caveats
Public Strategies Rankings
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TTWO Fundamentals
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$36.98B | — | ||
$38.33B | — | ||
0.00 | — | ||
$6.56B | +20.3% | — | |
$-22.57 | — | ||
-5.08% | +12.7% | — | |
-60.5% | +6.6% | — | |
$487.8M | — | ||
-86.2% | -34.8% | — | |
Beta 5Y (Monthly) | unknown | — |
TTWO Dividend History
TTWO Stock Splits
TTWO SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
02/04/26 | 12/31/25 | 10-Q | |
11/07/25 | 09/30/25 | 10-Q | |
08/07/25 | 06/30/25 | 10-Q | |
05/20/25 | 03/31/25 | 10-K | |
02/07/25 | 12/31/24 | 10-Q | |
11/07/24 | 09/30/24 | 10-Q | |
08/09/24 | 06/30/24 | 10-Q | |
05/22/24 | 03/31/24 | 10-K | |
02/09/24 | 12/31/23 | 10-Q | |
11/09/23 | 09/30/23 | 10-Q | |
08/09/23 | 06/30/23 | 10-Q | |
05/26/23 | 03/31/23 | 10-K | |
02/07/23 | 12/31/22 | 10-Q | |
11/08/22 | 09/30/22 | 10-Q | |
08/09/22 | 06/30/22 | 10-Q | |
05/17/22 | 03/31/22 | 10-K | |
02/08/22 | 12/31/21 | 10-Q | |
11/04/21 | 09/30/21 | 10-Q | |
08/03/21 | 06/30/21 | 10-Q | |
05/19/21 | 03/31/21 | 10-K | |
02/09/21 | 12/31/20 | 10-Q | |
11/06/20 | 09/30/20 | 10-Q | |
08/04/20 | 06/30/20 | 10-Q | |
05/22/20 | 03/31/20 | 10-K | |
02/07/20 | 12/31/19 | 10-Q | |
11/08/19 | 09/30/19 | 10-Q | |
08/06/19 | 06/30/19 | 10-Q | |
05/14/19 | 03/31/19 | 10-K | |
02/06/19 | 12/31/18 | 10-Q | |
11/08/18 | 09/30/18 | 10-Q | |
08/03/18 | 06/30/18 | 10-Q | |
05/17/18 | 03/31/18 | 10-K | |
02/08/18 | 12/31/17 | 10-Q | |
11/08/17 | 09/30/17 | 10-Q | |
08/03/17 | 06/30/17 | 10-Q | |
05/24/17 | 03/31/17 | 10-K | |
02/08/17 | 12/31/16 | 10-Q | |
11/03/16 | 09/30/16 | 10-Q | |
08/05/16 | 06/30/16 | 10-Q | |
05/19/16 | 03/31/16 | 10-K | |
02/04/16 | 12/31/15 | 10-Q | |
11/06/15 | 09/30/15 | 10-Q | |
08/10/15 | 06/30/15 | 10-Q | |
05/22/15 | 03/31/15 | 10-K | |
02/06/15 | 12/31/14 | 10-Q | |
10/30/14 | 09/30/14 | 10-Q | |
08/06/14 | 06/30/14 | 10-Q | |
05/14/14 | 03/31/14 | 10-K | |
02/04/14 | 12/31/13 | 10-Q | |
10/30/13 | 09/30/13 | 10-Q | |
07/31/13 | 06/30/13 | 10-Q | |
05/14/13 | 03/31/13 | 10-K | |
02/06/13 | 12/31/12 | 10-Q | |
10/31/12 | 09/30/12 | 10-Q | |
08/01/12 | 06/30/12 | 10-Q | |
05/23/12 | 03/31/12 | 10-K | |
02/03/12 | 12/31/11 | 10-Q | |
11/08/11 | 09/30/11 | 10-Q | |
08/09/11 | 06/30/11 | 10-Q | |
05/25/11 | 03/31/11 | 10-K | |
02/09/11 | 12/31/10 | 10-Q | |
09/03/10 | 07/31/10 | 10-Q | |
06/09/10 | 04/30/10 | 10-Q | |
03/10/10 | 01/31/10 | 10-Q | |
12/18/09 | 10/31/09 | 10-K | |
09/03/09 | 07/31/09 | 10-Q | |
06/05/09 | 04/30/09 | 10-Q | |
03/11/09 | 01/28/09 | 10-Q | |
12/19/08 | 10/30/08 | Unknown | -- |
09/05/08 | 07/31/08 | 10-Q | |
06/06/08 | 04/30/08 | 10-Q | |
03/11/08 | 01/29/08 | Unknown | -- |
12/20/07 | 10/30/07 | Unknown | -- |
09/10/07 | 07/31/07 | 10-Q | |
06/11/07 | 04/30/07 | 10-Q | |
03/12/07 | 01/28/07 | Unknown | -- |
02/28/07 | 10/30/06 | Unknown | -- |
03/01/07 | 07/31/06 | NT 10-Q | |
06/09/06 | 04/30/06 | 10-Q | |
03/13/06 | 01/28/06 | Unknown | -- |
01/31/06 | 10/30/05 | Unknown | -- |
09/08/05 | 07/31/05 | 10-Q | |
06/09/05 | 04/30/05 | 10-Q | |
03/10/05 | 01/28/05 | Unknown | -- |
12/22/04 | 10/30/04 | Unknown | -- |
09/14/04 | 07/31/04 | 10-Q | |
06/14/04 | 04/30/04 | 10-Q | |
03/16/04 | 01/29/04 | Unknown | -- |
02/12/04 | 10/30/03 | Unknown | -- |
09/12/03 | 07/31/03 | 10-Q | |
06/06/03 | 04/30/03 | 10-Q | |
03/14/03 | 01/28/03 | Unknown | -- |
12/23/02 | 10/30/02 | Unknown | -- |
09/16/02 | 07/31/02 | 10-Q | |
06/14/02 | 04/30/02 | 10-Q | |
03/18/02 | 01/28/02 | Unknown | -- |
02/12/02 | 10/30/01 | Unknown | -- |
09/14/01 | 07/31/01 | 10-Q | |
06/08/01 | 04/30/01 | 10-Q | |
03/19/01 | 01/28/01 | Unknown | -- |
01/29/01 | 10/31/00 | DEF 14A | |
09/14/00 | 07/31/00 | 10-Q | |
06/14/00 | 04/30/00 | 10-Q | |
03/16/00 | 01/29/00 | Unknown | -- |