Take TWO Interactive Software Inc key statistics and ratios

In fiscal 2026, Take TWO Interactive Software Inc had return on equity of -10.6%, an operating margin of -1.6%, debt equal to 72.1% of equity and a current ratio of 1.24. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Take TWO Interactive Software Inc: financial ratios, annual
Fiscal year	2010Oct 2009	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Gross margin	33.3%	39.4%	36.0%	41.1%	39.8%	26.6%	42.4%	42.5%	49.9%	42.9%	50.1%	54.5%	56.2%	42.7%	41.9%	54.4%	57.2%	56.0%
Operating margin	−17.1%	6.8%	−10.2%	0.4%	17.7%	−23.9%	−0.8%	5.1%	7.6%	7.7%	13.8%	18.7%	13.5%	−21.8%	−67.1%	−77.9%	−1.6%	−2.4%
Net margin	−20.0%	4.3%	−13.2%	−2.4%	15.4%	−25.8%	−0.6%	3.8%	9.7%	12.5%	13.1%	17.5%	11.9%	−21.0%	−70.0%	−79.5%	−4.5%	−4.8%
Free-cash-flow margin	−31.6%	11.0%	−11.6%	−1.8%	28.5%	15.1%	15.8%	21.7%	24.1%	29.1%	20.5%	25.0%	2.8%	−3.8%	−2.9%	−3.8%	6.9%	5.0%
Return on equity	−25.7%	8.3%	−18.0%	−5.0%	52.0%	−41.0%	−1.5%	8.5%	13.9%	18.9%	17.7%	20.1%	11.7%	−17.5%	−50.9%	−114.8%	−10.6%	−9.0%
Return on assets	−13.9%	4.9%	−10.3%	−2.4%	23.5%	−13.9%	−0.3%	2.3%	5.0%	8.4%	8.8%	10.7%	6.6%	−10.0%	−26.7%	−41.9%	−3.2%	−3.5%
Asset turnover	0.70	1.15	0.78	1.00	1.53	0.54	0.59	0.62	0.52	0.67	0.67	0.61	0.56	0.48	0.38	0.53	0.72	0.72
Current ratio	1.77	2.45	3.40	2.57	2.95	1.84	1.68	1.30	1.40	1.45	1.71	1.89	1.84	0.65	0.94	0.78	1.24	1.06
Debt to equity	17.8%	17.4%	65.1%	66.0%	67.0%	95.5%	92.5%	26.7%	0.5%	0.0%	0.0%	0.0%	0.0%	34.2%	54.7%	172.1%	72.1%	70.1%
Interest cover (operating income ÷ interest)	—	—	—	—	—	—	—	—	—	—	—	—	—	n/m	n/m	n/m	n/m	n/m
Effective tax rate	—	15.4%	—	—	3.8%	—	—	12.6%	−27.0%	−43.4%	11.8%	13.1%	10.2%	—	—	—	—	—
R&D as % of revenue	9.1%	6.1%	7.8%	6.4%	4.5%	10.6%	8.5%	7.7%	11.0%	8.6%	9.6%	9.4%	11.6%	16.6%	17.7%	17.8%	16.1%	16.3%
Capital spending as % of revenue	1.6%	0.8%	1.3%	1.4%	1.3%	4.6%	2.6%	1.2%	3.4%	2.5%	1.7%	2.0%	4.5%	3.8%	2.6%	3.0%	2.4%	2.4%
Free cash flow ÷ net income	—	258.3%	—	—	185.4%	—	—	574.6%	248.9%	232.6%	156.3%	143.2%	23.8%	—	—	—	—	—
Dividends and buybacks ÷ free cash flow	—	—	—	—	41.3%	0.0%	11.9%	0.0%	35.8%	46.7%	0.0%	0.0%	201.2%	—	—	—	—	—

US$ thousands unless shown otherwise. Fiscal quarters.

Take TWO Interactive Software Inc: financial ratios, quarterly
Quarter	2025 Q2Sept 2024	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Gross margin	53.8%	55.9%	50.8%	62.8%	55.3%	55.7%	55.9%	57.5%
Operating margin	−22.0%	−9.7%	−238.7%	1.4%	−5.5%	−2.3%	0.6%	−2.3%
Net margin	−27.0%	−9.2%	−235.5%	−0.8%	−7.5%	−5.5%	−3.5%	−2.2%
Free-cash-flow margin	−12.2%	−3.5%	14.2%	−4.6%	5.4%	13.9%	11.8%	−12.6%
Current ratio	0.85	0.83	0.78	1.16	1.15	1.14	1.24	1.06
Debt to equity	63.0%	64.2%	171.3%	88.1%	89.4%	87.8%	71.7%	69.8%
R&D as % of revenue	18.2%	17.7%	18.8%	17.1%	15.1%	16.6%	15.6%	17.8%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 6 checks passed · June 30, 2026

What it owns · $9.1bn

Short-term assets $3.0bnLonger-term assets $6.1bn

What it owes, and who funded it · $9.1bn

Short-term liabilities $2.8bnLonger-term liabilities $2.7bnShareholders' equity $3.6bn

Short-term assets cover short-term liabilities $3.0bn of assets due within a year against $2.8bn of liabilities due within a year.
Short-term assets cover long-term liabilities $3.0bn short-term assets against $2.7bn of longer-dated liabilities.
More cash than debt $1.4bn of cash against $2.5bn of debt.
Debt below 40% of shareholders' equity Debt is 70% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $500m of operating cash flow against $2.5bn of debt.
Operating profit covers interest at least five times over Operating income of −$161m against $145m of interest.

From Take TWO Interactive Software Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

37 /100

Weak moat

How hard Take TWO Interactive Software's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 12 / 20

Cash operating profit has been a median 10.0% of total assets over 10 years.
Pricing power 13 / 20

Gross margin has been a median 50.0%, moving by 6.4 percentage points (standard deviation) across 10 years.
Durability 1 / 20

Operating margin has been a median 6.8%; its worst year was -72.2%.
Cash conversion 12 / 20

Free cash flow was positive in 7 of 10 years, at a median 9.5% of revenue.
Discipline 5 / 20

The diluted share count rose 59.4% over five years; stock-based pay has been a median 6.3% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (42 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Take TWO Interactive Software Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Take TWO Interactive Software Inc.