TakeTwo Interactive
0LCX.L
$250.74 1.17%
Exchange: LSE | Sector: Technology | Industry: Media Entertainment
Q2 2025
Published: Nov 7, 2024

Earnings Highlights

  • Revenue of $1.35B up 4.2% year-over-year
  • EPS of $-2.08 increased by 35% from previous year
  • Gross margin of 53.8%
  • Net income of -365.50M
  • "N/A" - N/A
0LCX.L
TakeTwo Interactive Software Inc

Executive Summary

Take-Two Interactive reported QQ2 2025 revenue of $1.353B, up 4.15% year over year and 1.11% quarter over quarter, reflecting enduring demand for flagship franchises and ongoing live-service monetization. Despite top-line growth, the company remains in a period of heavy investment, with operating income of -$297.2M and net income of -$365.5M, resulting in an EPS of -$2.08 for the quarter. The negative profitability extends to EBITDA (-$21.3M) and a standstill in earnings per share despite better gross margins.

Cash flow remained pressured by working capital dynamics, with net cash from operating activities at -$128.4M and free cash flow at -$165.2M. The balance sheet shows cash and cash equivalents of $1.239B and total debt of $4.112B, producing a net debt position of $2.878B. Liquidity metrics point to pressure, with a current ratio of 0.845 and a cash ratio of 0.385, underscoring near-term liquidity considerations even as the company holds ample cash reserves.

Looking ahead, the investment narrative centers on expanding live-service monetization, mobile growth, and an active release cadence for marquee IPs. The path to sustained profitability will hinge on operating leverage, cost discipline, and monetization efficiency within live services and recurring revenue streams. Investors should monitor franchise performance, capital allocation, and the trajectory of working capital as TTWO executes its long-term growth plan.

Key Performance Indicators

Revenue
Increasing
1.35B
QoQ: 1.11% | YoY: 4.15%
Gross Profit
Increasing
727.90M
53.79% margin
QoQ: -5.60% | YoY: 13.98%
Operating Income
Increasing
-297.20M
QoQ: -60.74% | YoY: 45.34%
Net Income
Increasing
-365.50M
QoQ: -39.50% | YoY: 32.76%
EPS
Increasing
-2.08
QoQ: -36.84% | YoY: 35.00%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2026 1,773.80 -0.73 +31.1% View
Q1 2026 1,503.80 -0.07 +12.4% View
Q4 2025 1,582.50 -21.08 +13.1% View
Q3 2025 1,359.80 -0.71 -0.5% View
Q2 2025 1,353.10 -2.08 +4.2% View