Take-Two Interactive Software, Inc. is a leading global developer, publisher, and marketer of interactive entertainment with popular franchises including Grand Theft Auto, BioShock, Mafia, Civilization, Borderlands, XCOM, NBA 2K, and WWE 2K.

# Take-Two Interactive Software, Inc. - Company Summary

## Business Overview
- **Type:** Leading developer, publisher, and marketer of interactive entertainment globally.
- **Main Segments & Brands:**
  - **Rockstar Games:** Focuses on developing flagship, high-quality titles with longevity, notably *Grand Theft Auto* franchise.
  - **2K:** Publishes various genres including shooter, sports, strategy, role-playing, and casual games; owns franchises like *BioShock*, *Mafia*, *Civilization*, *Borderlands*, *XCOM*, *NBA 2K*, *WWE 2K*.
  - **Zynga:** Publishes free-to-play mobile games such as *CSR Racing*, *FarmVille*, *Empires & Puzzles*, *Words With Friends*, *Toon Blast*.
- **Recent Divestiture:**
  - Sold **Private Division** in October 2024, including rights to its titles such as *Kerbal Space Program*.
- **Development Platforms:**
  - Consoles (PlayStation, Xbox, Nintendo Switch)
  - Mobile devices (smartphones, tablets)
  - Personal Computers (PC)
  - Cloud streaming services and physical retail

## Operations & Strategy
- **Distribution Channels:** Physical retail, digital download, online platforms, cloud streaming.
- **Portfolio Diversification:** All key platforms and genres (action, adventure, family, casual, hyper-casual, RPG, shooter, social casino, sports, strategy).
- **Intellectual Property:** Primarily internally owned and developed; some licensed in sports entertainment.
- **Content Production:** 12,928 full-time employees as of March 31, 2025; with 10,096 in development studios.
- **Global Presence:** Offices and studios across North America, Europe, Asia-Pacific, and other regions.
- **Growth & Innovation Focus:** Creating "hit entertainment experiences" using creativity, innovation, and efficiency; leveraging proprietary software content; at forefront of technological trends.

## Financial Highlights (Fiscal Year Ended March 31, 2025)
- **Revenue:** \$5,633.6 million (~\$5.63 billion)
- **Net Loss:** \$4,478.9 million (~\$4.48 billion)
- **Operating Loss:** \$4,391.1 million (~\$4.39 billion)
- **Gross Profit Margin:** 54.3%
- **Net Bookings (Net Sales):** \$5,648.0 million (+5.9% year-over-year)
- **Employees:** 12,928 full-time employees

## Market & Stock Data
- **Stock Symbol:** TTWO (NASDAQ)
- **Market Cap (Most Recent Second Quarter):** Approx. \$26.58 billion
- **Shares Outstanding (as of May 5, 2025):** 177,424,908

## Other Highlights
- **Product Launches (2025):** 
  - *NBA 2K25*, *TopSpin 2K25*, *Sid Meier’s Civilization VII*, *PGA TOUR 2K25*, *WWE 2K25*, *Game of Thrones: Legends*
- **Future Release:**
  - *Grand Theft Auto VI* scheduled for May 26, 2026.
- **Business Focus:**
  - Developing and maintaining successful franchises with high market acceptance.
  - Investing in new platforms, technologies, and international growth, especially in Asia, Middle East, and Latin America.
  - Emphasizing recurrent consumer spending and digital distribution.
  - Managing legal, regulatory, and cybersecurity risks in various markets.

This summary reflects Take-Two’s detailed operational scope, product portfolio, global footprint, employee base, revenue, and strategic direction based on the provided 10-K filing data.

Take-Two Interactive Software, Inc. is a leading video game developer and publisher based in New York, known for its popular franchises such as Grand Theft Auto and NBA 2K.

# Take-Two Interactive Software, Inc. - Company Overview

### Company Profile
- **Name:** Take-Two Interactive Software, Inc.
- **Location:** New York, New York
- **Incorporation:** Established in 1993 in Delaware

### Business Operations
- **Industry:** Video Game Development, Publishing, and Marketing
- **Core Offerings:**
  - Development, operation, and publishing of interactive entertainment products.
  - Major brands include: 
    - **Rockstar Games** (known for Grand Theft Auto, Red Dead Redemption)
    - **2K** (includes NBA 2K, WWE 2K, BioShock, and Sid Meier's Civilization)
    - **Private Division** (focused on independent game development)
    - **Zynga** (mobile and social games)
- **Platforms:** 
  - Consoles (Sony PlayStation, Microsoft Xbox, and Nintendo Switch)
  - Personal Computers
  - Mobile devices (smartphones and tablets)

### Market Presence
- **Global Reach:** Operations and sales in various international markets including the United States, Europe, Asia, Australia, and Canada.
- **Revenue Generation:**
  - Digital online channels accounted for 95.6% of total net revenue for the fiscal year ending March 31, 2024.
  - Approximately 38.7% of net revenue was earned outside the U.S. for the same fiscal year.

### Financial Performance (Fiscal Year Ended March 31, 2024)
- **Net Revenue:** $5.35 billion (essentially flat compared to $5.35 billion in FY 2023)
- **Net Income/Loss:** Net loss of $3.74 billion, significantly worsened from a loss of $1.12 billion in FY 2023. The loss per diluted share was **$22.01**.
- **Gross Profit Margin:** 41.9% (down from 42.7% in FY 2023)
- **Total Operating Expenses:** $5.83 billion (including abnormal goodwill impairment charges of $2.34 billion)

### Employee and Customer Metrics
- **Employees:** Approximately **12,371** as of March 31, 2024; the majority involved in game development (9,639 employees).
- **Customer Base:** The five largest customers account for **79.8%** of net revenue, with significant reliance on major retailers, particularly digital storefronts (e.g., Apple and Google).

### Strategic Focus
- **Core Strategy:** To create high-quality, engaging interactive entertainment franchises while leveraging emerging technologies and expanding into international markets.
- **Investment in Innovation:** Emphasis on talent acquisition, support for creative teams, and innovative marketing programs to enhance product success.
- **Mobile Expansion:** Aiming to drive engagement through recurrent consumer spending via virtual currency and in-game purchases in mobile games.

### Recent Developments
- **Acquisition of Zynga:** Concluded in May 2022, contributing substantial revenue from mobile games.
- **Pending Acquisition:** On March 27, 2024, announced plans to acquire Gearbox Entertainment Company, which is expected to enhance the gaming portfolio further.

### Outlook
- **Future Releases:** Anticipation surrounding major franchises, particularly Rockstar's Grand Theft Auto VI expected to release in Fall 2025.
- **Focus on Sustainability and Diversity:** Commitment to corporate citizenship, sustainability practices, and enhancing diversity and inclusion within the workforce.

### Summary
Take-Two Interactive Software, Inc. operates as a robust company in the interactive entertainment industry, blending creativity and technology to deliver engaging products while navigating the complexities of the market. With a substantial employee base and committed focus on innovation, the company continues to aim for growth in both existing and emerging markets.

TAKE TWO INTERACTIVE SOFTWARE INC

10-K / May 20, 2025

10-K / May 22, 2024

10-K / May 20, 2025

Take-Two Interactive Software, Inc. - Company Summary

Business Overview

Operations & Strategy

Financial Highlights (Fiscal Year Ended March 31, 2025)

Market & Stock Data

Other Highlights