Shares of Take-Two Interactive Software program, Inc. (NASDAQ: TTWO) have been down over 2% on Friday. The inventory has gained 8% over the previous three months. The corporate delivered robust prime line efficiency within the fourth quarter of 2025 and has offered an encouraging outlook for the upcoming fiscal yr. Nevertheless, positive factors from the discharge of its extremely anticipated Grand Theft Auto VI title is not going to seem till fiscal yr 2027, which is a slight dampener.
This autumn numbers
Within the fourth quarter of 2025, Take-Two’s revenues elevated 13% year-over-year to $1.58 billion, with robust contributions from the NBA 2K, Grand Theft Auto, and Crimson Lifeless Redemption franchises, in addition to Civilization VII, WWE 2K25, Toon Blast, Match Manufacturing facility!, Empires & Puzzles, and the hyper-casual cell portfolio.
The corporate reported a lack of $21.08 per share in This autumn 2025 in comparison with $17.02 per share within the year-ago interval. The underside line was harm by impairment costs of $3.55 billion associated to goodwill and $176.3 million for acquisition-related intangible belongings.
Enterprise efficiency
In This autumn, Take-Two noticed internet bookings improve 17% YoY to $1.58 billion, with the biggest contributors being NBA 2K25, Grand Theft Auto On-line and Grand Theft Auto V, Crimson Lifeless Redemption 2 and Crimson Lifeless On-line, WWE 2K25, Civilization VII, Toon Blast, Match Manufacturing facility!, Empires & Puzzles, and the hyper-casual cell portfolio. Internet bookings from recurrent client spending elevated 14%.
TTWO benefited from robust efficiency in its core franchises and new releases through the quarter. NBA 2K25 exceeded expectations and has sold-in practically 10 million items to-date. Engagement noticed vital development with a 30% rise in Day by day Energetic Customers.
The Grand Theft Auto sequence maintained its momentum through the quarter. GTA V has sold-in over 215 million items to-date, and recurrent client spending grew 5% YoY. The much-anticipated launch of GTA VI, which is slated for fiscal yr 2027, is predicted to take internet bookings to a report degree for the corporate.
Crimson Lifeless Redemption 2 noticed internet bookings develop 23% YoY in This autumn. Zynga carried out effectively with internet bookings development in Match Manufacturing facility and Toon Blast. It’s also seeing positive factors from its latest launch Colour Block Jam.
In fiscal yr 2026, TTWO plans to launch 13 titles, together with Mafia: The Previous Nation, Borderlands 4, and the subsequent iterations of its NBA 2K and WWE 2K franchises.
Outlook
For the primary quarter of 2026, Take-Two expects internet income of $1.35-1.40 billion and loss per share of $0.78-0.65. Internet bookings are anticipated to vary between $1.25-1.30 billion, in comparison with $1.22 billion in Q1 2025.
The most important contributions to bookings are anticipated to come back from NBA 2K, the Grand Theft Auto sequence, Toon Blast, Colour Block Jam, Match Manufacturing facility, Empires & Puzzles, Phrases With Buddies, the Crimson Lifeless Redemption sequence, and Zynga Poker. Recurrent client spending is projected to extend by approx. 7%, assuming robust double-digit development for NBA 2K, flat outcomes for cell, and a modest decline for Grand Theft Auto On-line.
For fiscal yr 2026, the corporate expects income of $5.95-6.05 billion and loss per share of $2.79-2.45. Internet bookings are anticipated to be $5.90-6.00 billion, representing 5% development over fiscal yr 2025 on the midpoint.
The most important contributions to bookings are anticipated from NBA 2K, the Grand Theft Auto sequence, Toon Blast, Borderlands 4, Match Manufacturing facility, Empires & Puzzles, Phrases With Buddies, the Crimson Lifeless Redemption sequence, and Zynga Poker. Recurrent client spending is predicted to be flat in comparison with FY2025.
