TTWO · 8-K · 20260807PR054580
Operating Expense Trends
TAKE TWO INTERACTIVE SOFTWARE INC · 2026-08-07 · Importance 36 · Surprise 6 · No source text
Total operating expenses declined 0.6% year over year to $918.0 million from $923.4 million. Selling and marketing expense decreased 10% to $369.7 million from $409.2 million. Research and development expense increased 7% to $273.8 million from $256.4 million, while general and administrative expense increased 9% to $226.3 million from $207.4 million. The resulting operating loss was $35.5 million compared with operating income of $21.6 million in the prior-year quarter, while EBITDA declined to $167.0 million from $225.5 million.
Key facts
- Total operating expenses for the three months ended June 30, 2026 were $918.0 million. source
- Selling and marketing expense for the three months ended June 30, 2026 was $369.7 million. source
- Research and development expense for the three months ended June 30, 2026 was $273.8 million. source
- General and administrative expense for the three months ended June 30, 2026 was $226.3 million. source
- Amortization of acquired intangibles for the three months ended June 30, 2026 was $160.5 million. source
- Share count used to calculate management reporting diluted net income per share for the quarter was 187.8 million. source
- Depreciation and amortization expense for the three months ended June 30, 2026 was $48.2 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -59.9% | Total operating expenses for the three months ended June 30, 2026 were $918.0 million. |
| operating_income | negative | realized | -24.1% | Selling and marketing expense for the three months ended June 30, 2026 was $369.7 million. |
| operating_income | negative | realized | -17.9% | Research and development expense for the three months ended June 30, 2026 was $273.8 million. |
| operating_income | negative | realized | -14.8% | General and administrative expense for the three months ended June 30, 2026 was $226.3 million. |
| operating_income | negative | realized | — | Amortization of acquired intangibles for the three months ended June 30, 2026 was $160.5 million. |