Operating

Non-Cash Lease Expense

Take-Two Interactive Software Non-Cash Lease Expense remained flat by 0.0% to $14.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $14.88M to $14.05M. Over 2 years (FY 2024 to FY 2026), Non-Cash Lease Expense shows relatively stable performance with a -4.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2024
Last reportedQ4 2026May 22, 2026

How to read this metric

An increase indicates higher lease obligations or changes in lease accounting, while a decrease suggests reduced lease footprints or lease expirations.

Detailed definition

This represents the non-cash portion of operating lease expenses recognized under accounting standards for right-of-use...

Peer comparison

Standard across all companies reporting under ASC 842 or IFRS 16, typically consistent with peer office and studio lease portfolios.

Metric ID: operating_lease_expense

Historical Data

3 years
 FY'24FY'25FY'26
Value$61.10M$59.50M$56.20M
YoY Change-2.6%-5.5%
Range$56.20M$61.10M
CAGR-4.1%
Avg YoY Growth-4.1%
Median YoY Growth-4.1%
Current Streak2+ years decline

Frequently Asked Questions

What is Take-Two Interactive Software's non-cash lease expense?
Take-Two Interactive Software (TTWO) reported non-cash lease expense of $14.05M in Q1 2026.
How has Take-Two Interactive Software's non-cash lease expense changed year-over-year?
Take-Two Interactive Software's non-cash lease expense decreased by 5.5% year-over-year, from $14.88M to $14.05M.
What is the long-term trend for Take-Two Interactive Software's non-cash lease expense?
Over 2 years (2024 to 2026), Take-Two Interactive Software's non-cash lease expense has grown at a -4.1% compound annual growth rate (CAGR), from $61.10M to $56.20M.
What does non-cash lease expense mean?
The non-cash expense recognized for the use of leased assets.