Filing Flows › Take Two Interactive Software (TTWO) › Q2 FY26
Take Two Interactive Software (TTWO) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Nov 7, 2025
Take Two Interactive Software (TTWO) reported revenue of $1.8B for the second quarter fiscal 2026 (Q2 FY26), +31% from a year earlier and +18% from the quarter before. Operating margin was -5.5%, net loss $134M (7.5% of revenue).
Take Two Interactive Software, Q2 FY26: revenue $1.8B (+31% year over year), operating margin -5.5%, net loss $134M, operating cash flow $128M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +18% | +31% |
| Operating profit | −$98.0M | -554% | — |
| Net earnings | −$134M | — | — |
| Operating cash flow | $128M | — | — |
| Free cash flow | $96.5M | — | — |
What changed
Revenue was $1.8B in Q2 FY26, up 31% year over year and up 18% from the previous quarter. Mobile was the largest line at 46% of revenue. Console added $0.23B year over year (up 47%), 54% of the total change.
Gross margin was 55.3%, up 1.5 points from a year earlier. Operating costs exceeded revenue by $0.10B, an operating margin of -5.5%. Operating expenses grew 5% against revenue growth of 31%. The fastest-growing cost line was Sales & marketing (+16%). The quarter ended with a net loss of $0.13B, wider than the previous quarter's $0.01B loss.
Operating cash flow was $0.13B. Non-cash charges added back $0.05B of depreciation and amortization and $0.10B of share-based compensation. Working capital and other items added $0.12B. Capital expenditures of $0.03B left free cash flow of $0.10B.
Questions
What was Take Two Interactive Software's revenue in the second quarter fiscal 2026?
Take Two Interactive Software (TTWO) reported revenue of $1.8B for the second quarter fiscal 2026 (Q2 FY26), +31% from a year earlier and +18% from the quarter before.
Was Take Two Interactive Software profitable in the second quarter fiscal 2026?
Operating loss was $98.0M (-5.5% of revenue) and net loss $134M.