Filing Flows › Take Two Interactive Software (TTWO) › Q2 FY27
Take Two Interactive Software (TTWO) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Nov 9, 2026
Take Two Interactive Software (TTWO) reported revenue of $1.5B for the second quarter fiscal 2027 (Q2 FY27), -16% from a year earlier and -2% from the quarter before. Operating margin was -7.8%, net loss $54.0M (3.6% of revenue).
Take Two Interactive Software, Q2 FY27: revenue $1.5B (-16% year over year), operating margin -7.8%, net loss $54.0M, operating cash flow −$4.7M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -2% | -16% |
| Operating profit | −$118M | — | — |
| Net earnings | −$54.0M | — | — |
| Operating cash flow | −$4.7M | — | -104% |
What changed
Revenue was $1.5B in Q2 FY27, down 16% year over year and down 2% from the previous quarter. Mobile was the largest line at 49% of revenue. Console lost $0.10B year over year (down 15%), 38% of the total change.
Gross margin was 57.5%, up 2.2 points from Q2 FY26. Operating costs exceeded revenue by $0.12B, an operating margin of -7.8%. Operating expenses fell 9% while revenue fell 16%. The quarter ended with a net loss of $0.05B, wider than the previous quarter's $0.03B loss.
Operating cash flow was −$4.7M. Non-cash charges added back $0.05B of depreciation and amortization and $0.09B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.14B exceeded it, leaving free cash flow of −$0.14B.
Questions
What was Take Two Interactive Software's revenue in the second quarter fiscal 2027?
Take Two Interactive Software (TTWO) reported revenue of $1.5B for the second quarter fiscal 2027 (Q2 FY27), -16% from a year earlier and -2% from the quarter before.
Was Take Two Interactive Software profitable in the second quarter fiscal 2027?
Operating loss was $118M (-7.8% of revenue) and net loss $54.0M.