Filing Flows › Take Two Interactive Software (TTWO) › Q1 FY26
Take Two Interactive Software (TTWO) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 7, 2025
Take Two Interactive Software (TTWO) reported revenue of $1.5B for the first quarter fiscal 2026 (Q1 FY26), +12% from a year earlier and -5% from the quarter before. Operating margin was 1.4%, net loss $11.9M (0.8% of revenue).
Take Two Interactive Software, Q1 FY26: revenue $1.5B (+12% year over year), operating margin 1.4%, net loss $11.9M, operating cash flow −$44.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -5% | +12% |
| Operating profit | $21.6M | — | — |
| Net earnings | −$11.9M | — | — |
| Operating cash flow | −$44.7M | -116% | — |
What changed
Revenue was $1.5B in Q1 FY26, up 12% year over year and down 5% from the previous quarter. Mobile was the largest line at 53% of revenue. Mobile added $0.08B year over year (up 11%), 48% of the total change. Physical Retail and Other declined 36%.
Gross margin was 62.8%, up 5.2 points from a year earlier. Operating profit was $0.02B, a 1.4% margin (up 15.3 points year over year). Operating expenses fell 3% while revenue rose 12%. The quarter ended with a net loss of $0.01B, narrower than the previous quarter's $3.7B loss. Net interest and other expense of $0.04B was the main reason.
Operating cash flow was −$0.04B. Non-cash charges added back $0.05B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.12B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.07B.
Questions
What was Take Two Interactive Software's revenue in the first quarter fiscal 2026?
Take Two Interactive Software (TTWO) reported revenue of $1.5B for the first quarter fiscal 2026 (Q1 FY26), +12% from a year earlier and -5% from the quarter before.
Was Take Two Interactive Software profitable in the first quarter fiscal 2026?
Operating profit was $21.6M (1.4% of revenue) and net loss $11.9M.