Take TWO Interactive Software
TTWO on Nasdaq. Take-Two Interactive sells video games to people who play them. Market value $38.0bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to March 2026.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Media & telecom stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $0.89 of spare cash in the past 12 months. A savings account pays about $4.
The filings do not give us enough to work this out.
Each dollar kept in the business earns -8 cents a year. Above 10 is good.
Quality score: 48 of 100. Price score: 4 of 100. Our list needs 70 on quality and 60 on price.
$202.53 a share, 8% above its 1-year low
Over the past year the price has ranged from $187.63 to $265.94.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $3.5bn | $5.3bn | $5.3bn | $5.6bn | $6.7bn |
| Operating margin | |||||
| Operating margin | 13.5% | -21.8% | -67.1% | -77.9% | -1.6% |
| Debt to equity | |||||
| Debt to equity | 0.00 | 0.34 | 0.55 | 1.72 | 0.72 |
| Shares outstanding | |||||
| Shares outstanding | 0.17bn | 0.17bn | 0.18bn | 0.19bn | 0.19bn |
Health checks
- Free cash flow positive2 of 5 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)6 of 9
- Profit backed by cash (accruals)Yes
- Debt0.72× equity
- Revenue growth, five yearsStrong, 14.6% a year
- Buying back its own sharesNo, 11% more shares since 2022
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $1.5 billion last quarter, about the same as a year ago.
- A loss of $34 million, compared with a loss of $12 million a year ago.
- It loses 2 cents on each $1 of sales, compared with 72 cents a year earlier.
- Spare cash over the past 12 months: $338 million. A year earlier it spent $58 million more than it brought in.
- Debt is $1.2 billion more than cash, up from $1.1 billion a year ago.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $1.4bn |
| December 2024 | $1.4bn |
| March 2025 | $1.6bn |
| June 2025 | $1.5bn |
| September 2025 | $1.8bn |
| December 2025 | $1.7bn |
| March 2026 | $1.7bn |
| June 2026 | $1.5bn |
| Quarter to | Amount |
|---|---|
| September 2024 | -$366m |
| December 2024 | -$125m |
| March 2025 | -$3.7bn |
| June 2025 | -$12m |
| September 2025 | -$134m |
| December 2025 | -$93m |
| March 2026 | -$60m |
| June 2026 | -$34m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- 9 November 2026
- Last annual report (10-K)
- 22 May 2026
- Next quarterly (estimated, 10-Q)
- 6 November 2026
Who owns it
5 long-term investors we follow own it, up from 4 last quarter. 1,114 funds in all.
- First Manhattan Co.First Manhattan partners
- Value
- $254m
- Share of fund
- 0.6%
- GAMCO InvestorsMario Gabelli
- Value
- $16m
- Share of fund
- 0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| First Manhattan Co.First Manhattan partners | $254m | 0.6% | |
| Viking Global InvestorsAndreas Halvorsen | $235m | 0.7% | New |
| Troy Asset ManagementSebastian Lyon (founder) | $18m | 0.5% | Added |
| GAMCO InvestorsMario Gabelli | $16m | 0.1% | |
| Gotham Asset ManagementJoel Greenblatt | $1m | <0.1% | Added |
Largest holders overall
- BlackRock$4.6bnCut
- Vanguard Capital Management$2.9bn
- Saudi Electronic Games Holding$2.9bn
- JPMorgan Chase$2.7bnAdded
- State Street$2.7bnCut
- Vanguard Portfolio Management$2.3bnAdded
- Invesco$1.6bn
- Geode Capital Management$1.3bnAdded
- Ameriprise Financial$844mAdded
- Norges Bank$841mNew
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
4 investors own more than 5%.
- Vanguard Capital ManagementPassive investor7.1%Since 31 March 2026
- STATE STREET CORPORATIONPassive investor6.5%Since 31 March 2026
- The Public Investment FundPassive investorat least 6.2%(filed with 2 related holders)Since 29 December 2025
- JPMORGAN CHASE & CO.Passive investor5.0%Since 30 June 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
Vanguard Capital Management Passive investor | 7.1% | 31 March 2026 | |
STATE STREET CORPORATION Passive investor | 6.5% | 31 March 2026 | |
The Public Investment Fund Passive investor | at least 6.2% (filed with 2 related holders) | 29 December 2025 | |
JPMORGAN CHASE & CO. Passive investor | 5.0% | 30 June 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 10 sold $165m, $125m of it under preset trading plans.
- Sheresky MichaelDirectorSoldunder a preset trading plan
- Date
- 2 October 2026
- Shares
- 484
- Price
- $203.69
- Value
- $98,586
- GORDON WILLIAM BDirectorSoldunder a preset trading plan
- Date
- 29 September 2026
- Shares
- 10,000
- Price
- $202.39
- Value
- $2m
- Siminoff Ellen FDirectorSoldunder a preset trading plan
- Date
- 15 September 2026
- Shares
- 334
- Price
- $219.53
- Value
- $73,323
- Emerson Daniel PChief Legal OfficerSoldunder a preset trading plan
- Date
- 3 September 2026
- Shares
- 744
- Price
- $217.03
- Value
- $161,470
- Emerson Daniel PChief Legal OfficerSoldunder a preset trading plan
- Date
- 2 September 2026
- Shares
- 917
- Price
- $217.65
- Value
- $199,585
- Goldstein LainieChief Financial OfficerSoldunder a preset trading plan
- Date
- 2 September 2026
- Shares
- 1,335
- Price
- $217.65
- Value
- $290,563
- Srinivasan LaVerne EvansDirectorSold
- Date
- 17 August 2026
- Shares
- 362
- Price
- $245.01
- Value
- $88,694
- Sheresky MichaelDirectorSoldunder a preset trading plan
- Date
- 17 August 2026
- Shares
- 127
- Price
- $245.01
- Value
- $31,116
- Siminoff Ellen FDirectorSoldunder a preset trading plan
- Date
- 14 August 2026
- Shares
- 334
- Price
- $242.34
- Value
- $80,942
- ZELNICK STRAUSSChairman, CEO, DirectorSold
- Date
- 10 August 2026
- Shares
- 40,000
- Price
- $252.64
- Value
- $10m
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 2 October 2026 | Sheresky Michael Director | Sold under a preset trading plan | 484 | $203.69 | $98,586 |
| 29 September 2026 | GORDON WILLIAM B Director | Sold under a preset trading plan | 10,000 | $202.39 | $2m |
| 15 September 2026 | Siminoff Ellen F Director | Sold under a preset trading plan | 334 | $219.53 | $73,323 |
| 3 September 2026 | Emerson Daniel P Chief Legal Officer | Sold under a preset trading plan | 744 | $217.03 | $161,470 |
| 2 September 2026 | Emerson Daniel P Chief Legal Officer | Sold under a preset trading plan | 917 | $217.65 | $199,585 |
| 2 September 2026 | Goldstein Lainie Chief Financial Officer | Sold under a preset trading plan | 1,335 | $217.65 | $290,563 |
| 17 August 2026 | Srinivasan LaVerne Evans Director | Sold | 362 | $245.01 | $88,694 |
| 17 August 2026 | Sheresky Michael Director | Sold under a preset trading plan | 127 | $245.01 | $31,116 |
| 14 August 2026 | Siminoff Ellen F Director | Sold under a preset trading plan | 334 | $242.34 | $80,942 |
| 10 August 2026 | ZELNICK STRAUSS Chairman, CEO, Director | Sold | 40,000 | $252.64 | $10m |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.