Take-Two Interactive Software, Inc. reported its fiscal first-quarter 2026 results on August 7, 2025, for the period ended June 30, 2025. The company announced net bookings exceeding $1.4 billion, which was meaningfully above the high end of its expectations. The GAAP net loss narrowed significantly to $11.9 million, or 7 cents per share, a substantial improvement from a $262.0 million loss in the prior year.
The strong performance was broad-based, driven by outperformance in mobile titles such as 'Toon Blast' (up 22% year-over-year) and 'Match Factory!' (up 33% year-over-year), with Rollic's 'Color Block Jam' becoming its highest-grossing title. The 'NBA 2K' series delivered fantastic results, selling over 11.5 million units, with recurrent consumer spending (RCS) growing 48% year-over-year. The 'Grand Theft Auto' series also exceeded expectations, with 'Grand Theft Auto Online' engagement and new player accounts growing over 50% year-over-year.
Based on these results, Take-Two raised its net bookings outlook for fiscal year 2026 to $6.05 billion - $6.15 billion, representing 8% growth over fiscal 2025 at the midpoint. The company reiterated the May 26, 2026, launch date for 'Grand Theft Auto VI' and highlighted upcoming FY26 releases including 'Mafia: The Old Country' (August 8), 'NBA 2K26' (September 5), and 'Borderlands 4' (September 12), many of which will also launch on the new Nintendo Switch 2.
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