TTWO · 10-Q · 2026Q2 · Full report

Liquidity and Debt Position

TAKE TWO INTERACTIVE SOFTWARE INC · 2026-08-07 · Importance 66 · Surprise 40

Cash, cash equivalents and restricted cash decreased $192.0 million to $1,446.1 million at June 30, 2026 from $1,638.1 million at March 31, 2026. The company held $461.7 million of short-term investments and $2,500.0 million of Senior Notes at June 30, 2026. There were no borrowings under the 2022 Credit Agreement, which had approximately $997.5 million available, while $29.4 million of 2026 Convertible Notes remained outstanding and mature December 15, 2026. Cash held outside the United States totaled $1,232.0 million, and management expects cash, investments, operating cash flow, and credit availability to fund short- and long-term requirements.

Key facts

• As of June 30, 2026, there were no borrowings under the 2022 Credit Agreement and approximately $997.5 available for additional borrowings. source
• On May 19, 2025, we entered into an accounts receivable purchase facility in an initial aggregate amount of up to $215.0 to an unaffiliated financial institution; no receivables were sold under this facility during the three months ended June 30, 2026. source
• Cash and cash equivalents and restricted cash and cash equivalents at June 30, 2026: $1,446.1; at March 31, 2026: $1,638.1. source
• As of June 30, 2026, we had $461.7 of short-term investments, primarily bank time deposits with maturities greater than 90 days. source
• As of June 30, 2026, we had $2,500.0 of Senior Notes outstanding. source
• An aggregate principal amount of $29.4 of the 2026 Convertible Notes remained outstanding at June 30, 2026; the 2026 Convertible Notes mature on December 15, 2026. source
• The Board authorized repurchase of up to 21.7 shares of common stock; as of June 30, 2026, 10.0 shares remained available; in the past repurchased total of 11.7 shares; no repurchases during three months ended June 30, 2026. source