TTWO · 10-Q · 2026Q3 · Full report

Customer Concentration and Dynamics

TAKE TWO INTERACTIVE SOFTWARE INC · 2026-11-09 · Importance 61 · Surprise 32

The five largest customers generated 80.8% of net revenue in the six months ended September 30, 2026, compared with 81.5% in the prior-year period. Four customers individually represented 27.1%, 20.7%, 14.7%, and 11.9% of six-month 2026 net revenue. At September 30, 2026, five customers accounted for 76.2% of gross accounts receivable, up from 69.6% at March 31, 2026; three customers represented 30.4%, 19.7%, and 17.1%. The company cited trade credit insurance on a majority of customers selling physical products and ongoing credit evaluations as mitigants, while stating it actively monitors customer creditworthiness.

Key facts

• Customers individually accounting for more than 10% of gross accounts receivable comprised 67.2% of those balances at September 30, 2026 and 57.7% at March 31, 2026. source
• Take-Two’s five largest customers accounted for 80.8% of net revenue in the six months ended September 30, 2026, compared with 81.5% in the six months ended September 30, 2025. source
• Five customers accounted for 76.2% of Take-Two’s gross accounts receivable as of September 30, 2026, compared with 69.6% as of March 31, 2026. source
• Four Take-Two customers accounted for 27.1%, 20.7%, 14.7%, and 11.9% of net revenue in the six months ended September 30, 2026. source
• Three customers accounted for 30.4%, 19.7%, and 17.1% of Take-Two’s gross accounts receivable as of September 30, 2026. source
• Three customers accounted for 22.7%, 21.0%, and 14.0% of Take-Two’s gross accounts receivable as of March 31, 2026. source
• Four Take-Two customers accounted for 24.9%, 22.7%, 15.1%, and 12.4% of net revenue in the six months ended September 30, 2025. source