TTWO · 10-Q · 2026Q2 · Full report
Interest Rate Environment
TAKE TWO INTERACTIVE SOFTWARE INC · 2026-08-07 · Importance 46 · Surprise 56 · From source text
Management expects changes in Federal Reserve and other central-bank interest rates to affect the company, including its short-term investment portfolio. Interest income increased to $22.8 million from $16.5 million for the three months ended June 30, 2026, primarily due to higher interest rates. Take-Two held $461.7 million of short-term investments at June 30, 2026, while its $2.5 billion of Senior Notes remained outstanding.
Key facts
- Interest expense for the three months ended June 30, 2026: $(30.4) (2.0%); for the three months ended June 30, 2025: $(38.9) (2.6%); decrease driven by repayment of 2025 Notes in April 2025 and 2026 Notes in March 2026. source
- Interest and other, net for the three months ended June 30, 2026: $(13.8) (0.9%); for the three months ended June 30, 2025: $(35.4) (2.4%). source
- Interest income for the three months ended June 30, 2026: $22.8 (1.5%); for the three months ended June 30, 2025: $16.5 (1.1%). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +0.6% | Interest expense for the three months ended June 30, 2026: $(30.4) (2.0%); for the three months ended June 30, 2025: $(38.9) (2.6%);… |