TTWO
Take Two Interactive Software Inc Information Technology Services-Prepackaged Software S&P 500Nasdaq-100Russell 3000
$190.17Close
$35.3BMarket cap
$189.69 – $258.4152-week range
Nov 9, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 1 of 8 trend conditions
- Lagging the market RS 16 · weaker than 84% of stocks over 12 months
- Far from its high 26% below its 52-week high
- Distribution down-day volume 2.0× up-day volume over 50 sessions
- Results soon Nov 9, 2026, in 8 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
26%
1wk
down 6.6%
price change
1mo
down 8.4%
price change
12-month return
down 25%
market up 11% ·
its own down 35%
F-score
6 / 9
Mixed
Altman Z″
-1.58
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
10.0×
price / book
Earnings yield
down 0.3%
EBIT / enterprise value
Cheaper than
23%
of the market · expensive
Revenue growth
up 18%
year on year
EPS growth
—
latest quarter
Sales growth
up 2%
latest quarter · -4 pts
ROE
down 11%
return on equity
Free cash margin
up 7%
$461.5M FCF
D/E
0.71
long-term debt / equity
Net debt / EBITDA
10.0×
Interest cover
Lossoperating loss
Piotroski tests
- not yet profitable on its assets
- took on more long-term debt
- issued more shares
- generating cash from operations
- profitability improving
- profits backed by cash
- short-term liquidity improved
- gross margin widened
- assets working harder
Repair signals
- FCF turned positive ($-215M → $462M)
- Gross margin 54.4% → 57.2%
Trade setup
ATR%
3.3%
$6.22 a day · 2×ATR $177.74
RS
16 / 99
vs the universe
Trend
1 / 8
trend template
Relative volume
1.4×
vs 50-day average
Up/down volume
0.50
50 sessions
Implied move
9.7%
by Nov 13, 2026 · report Nov 9, 2026
Trend template · 1 of 8
- 150-day average above the 200-day: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
- Heavily indebted Net debt is 10.0 times EBITDA — roughly 10 years of earnings before interest, tax and depreciation to repay borrowings in full.
- Shareholders diluted The share count rose 4.7% over the year, from 177m to 185m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Aug 7, 2026
Results reaction
Aug 7, 2026+8% vs market2 sessions after results
Options
$13.9M60.1% IV · activity
Financials
- Gross 57%
- Net -4%
- Free cash 7%
- Cash
- Long-term debt
| FY2021Mar 31, 2021 | FY2022Mar 31, 2022 | FY2023Mar 31, 2023 | FY2024Mar 31, 2024 | FY2025Mar 31, 2025 | FY2026Mar 31, 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $3.4B | $3.5B | $5.3B | $5.3B | $5.6B | $6.7B |
| Gross margin | 54% | 56% | 43% | 42% | 54% | 57% |
| Operating income | $629.4M | $473.6M | -$1.2B | -$3.6B | -$4.4B | -$104.2M |
| Net income | $588.9M | $418.0M | -$1.1B | -$3.7B | -$4.5B | -$298.2M |
| Net margin | 17% | 12% | -21% | -70% | -80% | -4% |
| Earnings per share | $5.09 | $3.58 | -$7.03 | -$22.01 | -$25.58 | -$1.62 |
| Free cash flow | $843.4M | $99.4M | -$203.1M | -$157.8M | -$214.6M | $461.5M |
| Free cash margin | 25% | 3% | -4% | -3% | -4% | 7% |
| Cash | $1.4B | $1.7B | $827.4M | $754.0M | $1.5B | $1.5B |
| Long-term debt | — | $0 | $1.7B | $3.1B | $2.5B | $2.5B |
| Shareholders' equity | $3.3B | $3.8B | $9.0B | $5.7B | $2.1B | $3.5B |
| Shares outstanding | 115.16m | 115.40m | 168.90m | 170.80m | 177.10m | 185.40m |
Next report
Nov 9, 2026 · after the close
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±9.7%
$173 – $210 by Nov 13, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±9.0%
last 4: +9.1% · -3.8% · -9.5% · -8.9%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
About usual
1.1× the usual move
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $166 – $217 ±13.3% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Bigger 60.1% priced · 30.6% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs less
Positioning
- Premium traded
- $13.9M calls $9.1M · puts $4.8M · latest session
- 0.52× +0.36 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -1.79k · puts -17.31k past week
For options traders: ATM IV 60.1% (+4.6% 1w) · 1m ÷ 3m IV 1.23 · 25Δ skew -11.0 pts · Net GEX -$6.1M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 7, 2026 | Quarterly ↗ | Jun 30, 2026 | 38d |
| May 22, 2026 | Annual ↗ | Mar 31, 2026 | 52d |
| Feb 4, 2026 | Quarterly ↗ | Dec 31, 2025 | 35d |
| Nov 7, 2025 | Quarterly ↗ | Sep 30, 2025 | 38d |
| Aug 7, 2025 | Quarterly ↗ | Jun 30, 2025 | 38d |
| May 20, 2025 | Annual ↗ | Mar 31, 2025 | 50d |
| Feb 7, 2025 | Quarterly ↗ | Dec 31, 2024 | 38d |
| Nov 7, 2024 | Quarterly ↗ | Sep 30, 2024 | 38d |
| Aug 9, 2024 | Quarterly ↗ | Jun 30, 2024 | 40d |
| May 22, 2024 | Annual ↗ | Mar 31, 2024 | 52d |
| Feb 9, 2024 | Quarterly ↗ | Dec 31, 2023 | 40d |
| Nov 9, 2023 | Quarterly ↗ | Sep 30, 2023 | 40d |
Current reports
| Filed | Disclosed |
|---|---|
| Sep 30, 2026 | Material agreement ↗ |
| Sep 22, 2026 | Charter or bylaws · Shareholder vote ↗ |
| Aug 7, 2026 | Results ↗ |
| May 21, 2026 | Results ↗ |
| Feb 3, 2026 | Results ↗ |
| Nov 6, 2025 | Results ↗ |
| Sep 19, 2025 | Director or officer change · Shareholder vote ↗ |
| Sep 10, 2025 | Other events ↗ |
| Sep 5, 2025 | Director or officer change ↗ |
| Aug 7, 2025 | Results ↗ |
| May 22, 2025 | Other events ↗ |
| May 15, 2025 | Results ↗ |