TTWO · 10-Q · 2026Q3 · Full report
Liquidity and Debt Position
TAKE TWO INTERACTIVE SOFTWARE INC · 2026-11-09 · Importance 56 · Surprise 24 · No source text
At September 30, 2026, Take-Two had $2,500.0 million of Senior Notes outstanding and $29.4 million of 2026 Convertible Notes, which mature December 15, 2026, unless earlier converted, redeemed, or repurchased. No amounts were borrowed under the 2022 Credit Agreement, and approximately $997.9 million remained available to borrow. Cash, cash equivalents, and restricted cash totaled $1,232.4 million, while short-term investments were $524.2 million. Management said cash, short-term investments, projected operating cash flow, and credit-agreement availability were expected to meet short- and long-term cash requirements.
Key facts
- Take-Two’s net cash provided by financing activities was $30.4 million in the six months ended September 30, 2026, compared with $618.0 million in the prior-year period. source
- Take-Two’s net change in cash, cash equivalents, and restricted cash was a decrease of $405.7 million in the six months ended September 30, 2026, compared with an increase of $401.8 million in the prior-year period. source
- Take-Two had $1,232.4 million of cash, cash equivalents, and restricted cash and cash equivalents at September 30, 2026, compared with $1,638.1 million at March 31, 2026. source
- As of September 30, 2026, Take-Two had $2,500.0 of Senior Notes outstanding. source
- As of September 30, 2026, Take-Two had no borrowings under the 2022 Credit Agreement and approximately $997.9 available for additional borrowings. source
- Take-Two’s 2026 Convertible Notes mature on December 15, 2026, unless earlier converted, redeemed, or repurchased under their terms. source
- As of September 30, 2026, Take-Two’s foreign subsidiaries held $945.0 of cash and cash equivalents outside the U.S. source
- As of September 30, 2026, Take-Two had $524.2 of short-term investments, primarily bank time deposits with maturities greater than 90 days. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -8.6% | Take-Two’s net change in cash, cash equivalents, and restricted cash was a decrease of $405.7 million in the six months ended September… |
| cash | negative | committed | — | Take-Two’s 2026 Convertible Notes mature on December 15, 2026, unless earlier converted, redeemed, or repurchased under their terms. |
| liability | positive | committed | — | Take-Two’s 2026 Convertible Notes mature on December 15, 2026, unless earlier converted, redeemed, or repurchased under their terms. |