Take-Two Interactive Software, Inc. stock research
FY2026 Q4
Take-Two Interactive Software (TTWO) Gross Margin & Quarterly History
Explore Take-Two Interactive Software, Inc. (TTWO) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q4
Revenue was stable sequentially while gross profit decreased slightly, resulting in a modest improvement in gross margin. Compared to the same quarter last year, revenue grew and gross profit increased more sharply, leading to a significantly higher gross margin.
- The year-over-year improvement in gross margin was associated with both higher revenue and lower cost of revenue. The reduction in cost of revenue relative to sales was the most visible factor.
- Compared to the prior quarter, gross margin edged higher as revenue was flat and cost of revenue declined slightly. Versus the year-ago quarter, gross margin strengthened substantially, with revenue increasing and cost of revenue decreasing.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
55.9%
Gross profit
$938.7M
Revenue
$1.7B
Cost of revenue
$741.1M
Quarter-over-quarter change
+0.2 pts
Year-over-year change
+5.1 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $1.5B | $945.0M | $558.8M | 62.8% |
| Sep 30, 2025 | $1.8B | $980.5M | $793.3M | 55.3% |
| Dec 31, 2025 | $1.7B | $945.5M | $753.5M | 55.7% |
| Mar 31, 2026 | $1.7B | $938.7M | $741.1M | 55.9% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+0.2 pts
Year-over-year change
Mar 31, 2025
+5.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The year-over-year improvement in gross margin was associated with both higher revenue and lower cost of revenue. The reduction in cost of revenue relative to sales was the most visible factor.
Compared to the prior quarter, gross margin edged higher as revenue was flat and cost of revenue declined slightly. Versus the year-ago quarter, gross margin strengthened substantially, with revenue increasing and cost of revenue decreasing.
Monitor the trajectory of cost of revenue, which declined year over year and sequentially, to assess margin sustainability.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Take-Two Interactive Software, Inc. (TTWO) | 55.9% |