Take-Two Interactive Software Inc (TTWO)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,062,200 | 2,678,200 | 2,285,300 | 1,969,400 | 1,837,690 |
| Revenue | US$ in thousands | 5,633,600 | 5,349,600 | 5,349,900 | 3,504,800 | 3,372,770 |
| Gross profit margin | 54.36% | 50.06% | 42.72% | 56.19% | 54.49% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,062,200K ÷ $5,633,600K
= 54.36%
Based on the provided data, Take-Two Interactive Software Inc's gross profit margin has fluctuated over the years. In March 31, 2021, the gross profit margin stood at 54.49%, showing a decent level of profitability.
The gross profit margin improved to 56.19% by March 31, 2022, indicating the company's ability to efficiently manage its production costs and generate a higher margin on its products or services.
However, there was a significant decline in gross profit margin to 42.72% by March 31, 2023, followed by a further decrease to 41.91% by March 31, 2024. These reductions suggest potential challenges in cost control or pricing strategies during these periods.
Fortunately, there was a rebound in the gross profit margin to 54.36% by March 31, 2025, bringing it back to a level comparable to 2021. This improvement could indicate successful cost management efforts or adjustments in pricing to enhance profitability.
Overall, Take-Two Interactive Software Inc's gross profit margin has shown fluctuations over the years, reflecting the company's ability to adapt to changing market conditions and operational challenges. Further analysis would be necessary to understand the factors driving these fluctuations and assess the company's overall financial performance.
Peer comparison
Mar 31, 2025