Take-Two Interactive Software Inc (TTWO)

Net profit margin

		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	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Net income (ttm)	US$ in thousands	-3,744,200	-1,451,500	-1,513,300	-1,226,700	-1,124,700	-403,500	-105,500	161,700	418,000	525,926	563,574	652,695	588,900	492,796	474,190	446,684	404,459	338,566	354,872	308,424
Revenue (ttm)	US$ in thousands	5,349,600	5,396,400	5,437,900	5,532,200	5,349,900	4,822,896	4,318,396	3,783,096	3,493,996	3,420,892	3,372,649	3,354,562	3,369,915	3,284,364	3,358,880	3,378,818	3,087,326	2,865,792	3,195,769	2,828,138
Net profit margin		-69.99%	-26.90%	-27.83%	-22.17%	-21.02%	-8.37%	-2.44%	4.27%	11.96%	15.37%	16.71%	19.46%	17.48%	15.00%	14.12%	13.22%	13.10%	11.81%	11.10%	10.91%

March 31, 2024 calculation

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

Take-Two Interactive Software Inc's net profit margin has shown fluctuations over the past several quarters. The company experienced negative net profit margins in the recent quarters, with the lowest being -69.99% in March 2024. This indicates that the company's expenses exceeded its revenues during that period.

However, looking back further, there has been a gradual improvement in the net profit margin since December 2022, when it was -8.37%. The net profit margins turned positive in June 2022 and have generally been increasing since then, reaching a high of 19.46% in June 2021.

Although there has been variability in the net profit margin over time, it is essential for investors to monitor how Take-Two Interactive Software Inc manages its costs and revenues to sustain profitability in the long term.