TTWO · 8-K · 20260807PR054580
FX / Currency Headwinds
TAKE TWO INTERACTIVE SOFTWARE INC · 2026-08-07 · Importance 13 · Surprise 6
Take-Two identified the revaluation of the Turkish Lira against the U.S. Dollar as one component of its fiscal first-quarter 2027 “Other” adjustments. The release does not separately quantify the Turkish Lira adjustment, but it also reports a $1.3 million negative effect from foreign-currency exchange rates on cash during the quarter. Fiscal 2027 guidance assumes stable foreign exchange rates, making currency stability an explicit dependency for the outlook.
Key facts
- The press release states stable foreign exchange rates as a key assumption underlying the Company’s outlook. source
- The 'Other' adjustments in management table include (i) the revaluation of the Turkish Lira against the U.S. Dollar, (ii) fair value adjustments related to certain equity investments, and (iii) a gain from the sale of marketable securities. source