Filing Flows › Take Two Interactive Software (TTWO) › Q3 FY25
Take Two Interactive Software (TTWO) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 7, 2025
Take Two Interactive Software (TTWO) reported revenue of $1.4B for the third quarter fiscal 2025 (Q3 FY25), -0.5% from a year earlier and +0.5% from the quarter before. Operating margin was -9.7%, net loss $125M (9.2% of revenue).
Take Two Interactive Software, Q3 FY25: revenue $1.4B (-0.5% year over year), operating margin -9.7%, net loss $125M, operating cash flow −$4.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +0.5% | -0.5% |
| Operating profit | −$132M | — | — |
| Net earnings | −$125M | — | — |
| Operating cash flow | −$4.8M | — | — |
What changed
Revenue was $1.4B in Q3 FY25, roughly flat year over year and roughly flat from the previous quarter. Mobile was the largest line at 54% of revenue. Console lost $0.04B year over year (down 7%), 611% of the total change.
Gross margin was 55.9%, up 6.3 points from a year earlier. Operating costs exceeded revenue by $0.13B, an operating margin of -9.7%. Operating expenses grew 10% against flat revenue. The fastest-growing cost line was General & admin (+15%). The quarter ended with a net loss of $0.13B, narrower than the previous quarter's $0.37B loss.
Operating cash flow was −$4.8M. Non-cash charges added back $0.05B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $0.01B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.05B.
Questions
What was Take Two Interactive Software's revenue in the third quarter fiscal 2025?
Take Two Interactive Software (TTWO) reported revenue of $1.4B for the third quarter fiscal 2025 (Q3 FY25), -0.5% from a year earlier and +0.5% from the quarter before.
Was Take Two Interactive Software profitable in the third quarter fiscal 2025?
Operating loss was $132M (-9.7% of revenue) and net loss $125M.