Take-Two Interactive Software Inc (TTWO)

Net profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	-3,744,200	-1,124,700	418,000	588,900	404,459
Revenue	US$ in thousands	5,349,600	5,349,900	3,496,870	3,369,920	3,084,420
Net profit margin		-69.99%	-21.02%	11.95%	17.48%	13.11%

March 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $-3,744,200K ÷ $5,349,600K
= -69.99%

Take-Two Interactive Software Inc's net profit margin has shown considerable variability over the past five years. The company experienced negative net profit margins in the most recent fiscal year, ending March 31, 2024, with a significant decline to -69.99%. This indicates that the company's expenses exceeded its revenues, resulting in a net loss for the period.

In the preceding fiscal year, ending March 31, 2023, Take-Two Interactive Software Inc also reported a negative net profit margin of -21.02%, although it was less severe compared to the following year. Prior to that, in the fiscal year ending March 31, 2022, the company had a positive net profit margin of 11.95%, which indicated that the company was able to generate profits after covering all expenses.

The highest net profit margin in the provided data was for the fiscal year ending March 31, 2021, at 17.48%, showing a healthy level of profitability for the company during that period. The year prior, ending March 31, 2020, also demonstrated a positive net profit margin of 13.11%.

Overall, the trend in Take-Two Interactive Software Inc's net profit margin suggests some volatility, with fluctuations between negative and positive margins in recent years. This variability underscores the importance of closely monitoring the company's financial performance and cost management strategies to ensure sustained profitability.