TTWO · 10-Q · 2026Q2 · Full report

Trade Policy and Tariffs

TAKE TWO INTERACTIVE SOFTWARE INC · 2026-08-07 · Importance 58 · Surprise 42

Take-Two is monitoring global tariff policies for their potential effects on consumer demand, inflation, product pricing, third-party hardware platforms, receivables credit quality, and foreign-currency exchange rates. Tariff policies may affect demand for Sony and Microsoft console platforms, which generated 41.8% of net revenue for the three months ended June 30, 2026. The company also identifies tariffs and duties as material risks to its international operations, which generated 40.0% of net revenue outside the United States during the period.