TTWO Take-Two Interactive

FY2025 10-K
Filed: May 20, 2025
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Take-Two Interactive (TTWO) filed its fiscal year 2025 10-K annual report with the SEC on May 20, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Interactive entertainment through development, publishing, and distribution of video games and related content worldwide
  • New acquisition: Completed purchase of The Gearbox Entertainment Company, Inc. in June 2024 for 2.8 million shares of common stock
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Management Discussion & Analysis

  • Revenue $5,633.6M, up 5.3% YoY from $5,349.6M driven by Match Factory! (+$237.1M), Civilization (+$127.2M), and Toon Blast (+$84.2M)
  • Gross margin 54.3% vs 41.9% YoY, operating loss $(4,391.1)M vs $(3,590.6)M, driven by $3,545.2M goodwill impairment vs $2,342.1M prior year
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Risk Factors

  • Regulatory risk: Apple’s AppTracking Transparency framework requiring explicit user consent, effective since April 2021, impacts advertising and user data use on iOS devices
  • Geopolitical/macroeconomic threat: Supply chain disruptions worsened by Russia-Ukraine and Israel-Hamas wars complicate hardware infrastructure availability
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Financial Summary
XBRL

Revenue

$5.6B

Net Income

-$4.5B

Gross Margin

54.4%

Operating Margin

-77.9%

Net Margin

-79.5%

ROE

-209.5%

Total Assets

$9.2B

EPS (Diluted)

$-25.58

Operating Cash Flow

-$45M

Source: XBRL data from Take-Two Interactive FY2025 10-K filing on SEC EDGAR. All figures in USD.

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