Take-Two Interactive Software Inc (TTWO)
Gross profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,062,200 | 2,930,733 | 2,848,933 | 2,536,433 | 2,444,533 | 1,995,900 | 2,033,700 | 2,297,900 | 2,285,400 | 2,593,579 | 2,430,552 | 2,152,468 | 1,969,399 | 1,997,804 | 1,959,576 | 1,966,697 | 1,837,687 | 1,642,804 | 1,621,195 | 1,602,151 |
| Revenue (ttm) | US$ in thousands | 5,633,600 | 5,450,500 | 5,457,000 | 5,403,100 | 5,349,600 | 5,396,400 | 5,437,900 | 5,532,200 | 5,349,900 | 4,833,704 | 4,329,156 | 3,793,854 | 3,504,800 | 3,414,227 | 3,371,864 | 3,354,808 | 3,372,772 | 3,293,882 | 3,363,122 | 3,379,821 |
| Gross profit margin | 54.36% | 53.77% | 52.21% | 46.94% | 45.70% | 36.99% | 37.40% | 41.54% | 42.72% | 53.66% | 56.14% | 56.74% | 56.19% | 58.51% | 58.12% | 58.62% | 54.49% | 49.87% | 48.21% | 47.40% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,062,200K ÷ $5,633,600K
= 54.36%
Take-Two Interactive Software Inc's gross profit margin has shown fluctuations over the periods provided. The trend indicates an overall increase from June 2020 to September 2021, reaching a peak of 58.62% in June 2021. However, there was a slight decline in the subsequent quarters, with the margin fluctuating around the mid to high 50% range until September 2022.
From December 2022 to March 2023, there was a notable decrease in the gross profit margin to 42.72%, followed by a further decline to 36.99% by December 2023. This significant drop was concerning but was followed by an improvement in the subsequent periods, reaching a peak of 54.36% in March 2025.
Overall, while there were fluctuations in the gross profit margin of Take-Two Interactive Software Inc during the given periods, the general trend shows some volatility but also some signs of recovery and improvement towards the end of the timeline. It is essential to continue monitoring the company's performance to assess the sustainability of the gross profit margin increase observed in the latest period.
Peer comparison
Mar 31, 2025