TTWO · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

TAKE TWO INTERACTIVE SOFTWARE INC · 2026-08-07 · Importance 51 · Surprise 64

The income-tax benefit increased to $15.2 million for the three months ended June 30, 2026 from $1.9 million in the prior-year period. The effective tax rate rose to 30.8% from 13.8%, compared with the 21% statutory rate. The current-period rate primarily reflected $16.9 million of tax benefits from geographic earnings mix and changes in reserves. The higher rate benefit was partly offset by reduced benefits from tax credits and employee stock-based compensation compared with the prior year.

Key facts

• Benefit from income taxes for the three months ended June 30, 2026: $15.2 (1.0%); for the three months ended June 30, 2025: $1.9 (0.1%). source