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Take-Two Interactive Software TTWO Software development costs and licenses

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Other financials

Income statement

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Revenue$1.5B+2.0%
Gross profit$882.5M-6.6%
Operating income-$35.5M-264%
Net income-$34.1M-187%
EPS (diluted)-$0.18-157%

Balance sheet

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Cash & equivalents$1.4B-31.7%
Total debt$3.6B-11.9%
Total equity$3.6B+3.7%
Total assets$9.1B-6.4%

Cash flow

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Operating cash flow-$168.8M-278%
CapEx$25.0M-0.4%
Free cash flow-$193.8M-178%

Valuation

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Market cap$46.09B+12.2%
Enterprise value$48.23B+12.1%
P/S6.9×-0.2×

Profitability

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Gross margin56%+0.2pp
Operating margin-59.3%-1.6pp
Net margin-4.8%-2.3pp
FCF margin5%

Returns & leverage

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Return on equity-9%-4.3pp
Debt / equity-0.2×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Take-Two Interactive Software in its filing.

Tagged under the XBRL concept ttwo:SoftwareDevelopmentCostsAndLicensesCurrent.

The source filing: Take-Two Interactive Software’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-054870
Line itemJune 30, 2026March 31, 2026
Short-term investments461.7443.8
Restricted cash and cash equivalents14.013.2
Accounts receivable, net of allowances of $0.8 and $0.9 at June 30, 2026 and March 31, 2026, respectively606.9737.0
Software development costs and licenses36.068.8
Contract assets69.789.7
Prepaid expenses and other403.9301.5
Total current assets2,957.13,199.5
Fixed assets, net429.6445.4

Item 1. Financial Statements

FAQ

What is Take-Two Interactive Software's software development costs and licenses?
Take-Two Interactive Software (TTWO) reported software development costs and licenses of $36M in Q2 2026.
How has Take-Two Interactive Software's software development costs and licenses changed year-over-year?
Take-Two Interactive Software's software development costs and licenses decreased by 41.1% year-over-year, from $61.1M to $36M.
What is the long-term trend for Take-Two Interactive Software's software development costs and licenses?
Over 5 years (2021 to 2026), Take-Two Interactive Software's software development costs and licenses has grown at a 9.6% compound annual growth rate (CAGR), from $43.44M to $68.8M.
What does software development costs and licenses mean?
This reflects the capitalized costs associated with developing video games and acquiring intellectual property licenses that are expected to be amortized within the next year. It represents the value of the 'work-in-progress' or upcoming content pipeline. This is a critical metric for assessing the investment in future product releases.

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