Take-Two Interactive Software (TTWO) Revenue — Quarter Ended Sep 30, 2023
For the quarter ended September 30, 2023, revenue increased modestly from the immediately preceding quarter but declined compared to the same quarter one year earlier. The sequential growth reversed a prior period drop, while the year-over-year contraction continued a longer-term trend.
Key takeaway
Quarter ended Sep 30, 2023 · FY2024 Q2
For the quarter ended September 30, 2023, revenue increased modestly from the immediately preceding quarter but declined compared to the same quarter one year earlier. The sequential growth reversed a prior period drop, while the year-over-year contraction continued a longer-term trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.1%
Change from the immediately preceding quarter.
Year-over-year
-6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $1.4B | +55.9% |
| Mar 31, 2023 | $1.4B | +55.5% |
| Jun 30, 2023 | $1.3B | +16.5% |
| Sep 30, 2023 | $1.3B | -6.8% |
Revenue performance
Reported revenue rose slightly from the prior quarter, marking a positive sequential change after a preceding decline.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was up, but compared to the same quarter one year earlier, revenue was lower, reflecting a year-over-year decline.
What to watch
The year-over-year revenue decline, despite a modest sequential improvement, suggests the company's near-term revenue trajectory remains under pressure.