Get notified when TTWO files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsRisk Profile Improvements
- Goodwill Impairment (removed) — FY2025 recorded $3.5B goodwill impairment; FY2026 had none—prior-year charge did not recur.
Take-Two delays GTA VI to November 2026; FY26 revenue up 18% as $3.5B impairment clears
Filed May 22, 2026 · Period ending March 31, 2026 · Compared to 10-K May 20, 2025 · ~2 min read
Key Changes
-
high
Grand Theft Auto VI release pushed back six months to November 19, 2026 (from May 2026)—the second delay after original Fall 2025 target. GTA products drove 12.4% of FY26 revenue.
Business: GTA VI release date verify on EDGAR → -
high
Net revenue rose 18% to $6.7B; operating loss narrowed to $104M from $4.4B as prior-year $3.5B goodwill impairment did not recur. Operating cash flow turned positive at $624M vs. ($45M) prior year.
MD&A: Financial performance verify on EDGAR → -
high
Company repaid $1.15B in debt (2025 and 2026 Notes) using proceeds from $1.2B May 2025 equity offering, reducing total Senior Notes to $2.5B. Cash position stable at $1.6B.
MD&A: Capital structure verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
Want to see a complete report first? Today's free report (ADMT 10-K) is open in full — no account needed.
Partner
Trade TTWO commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Thanks — your feedback helps us improve report quality.
Source-verified from EDGAR · Narrative written by AI · May 25, 2026 · How we verify