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 high line efficiency within the fourth quarter of 2025 and has offered an encouraging outlook for the upcoming fiscal 12 months. Nevertheless, positive factors from the discharge of its extremely anticipated Grand Theft Auto VI title won’t seem till fiscal 12 months 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 web bookings enhance 17% YoY to $1.58 billion, with the most important 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. Web bookings from recurrent client spending elevated 14%.
TTWO benefited from robust efficiency in its core franchises and new releases in the course of the quarter. NBA 2K25 exceeded expectations and has sold-in almost 10 million items to-date. Engagement noticed important progress with a 30% rise in Day by day Energetic Customers.
The Grand Theft Auto collection maintained its momentum in the course of 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 12 months 2027, is anticipated to take web bookings to a file degree for the corporate.
Crimson Lifeless Redemption 2 noticed web bookings develop 23% YoY in This autumn. Zynga carried out nicely with web bookings progress in Match Manufacturing facility and Toon Blast. It’s also seeing positive factors from its latest launch Colour Block Jam.
In fiscal 12 months 2026, TTWO plans to launch 13 titles, together with Mafia: The Outdated 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 web income of $1.35-1.40 billion and loss per share of $0.78-0.65. Web bookings are anticipated to vary between $1.25-1.30 billion, in comparison with $1.22 billion in Q1 2025.
The biggest contributions to bookings are anticipated to come back from NBA 2K, the Grand Theft Auto collection, Toon Blast, Colour Block Jam, Match Manufacturing facility, Empires & Puzzles, Phrases With Pals, the Crimson Lifeless Redemption collection, and Zynga Poker. Recurrent client spending is projected to extend by approx. 7%, assuming robust double-digit progress for NBA 2K, flat outcomes for cell, and a modest decline for Grand Theft Auto On-line.
For fiscal 12 months 2026, the corporate expects income of $5.95-6.05 billion and loss per share of $2.79-2.45. Web bookings are anticipated to be $5.90-6.00 billion, representing 5% progress over fiscal 12 months 2025 on the midpoint.
The biggest contributions to bookings are anticipated from NBA 2K, the Grand Theft Auto collection, Toon Blast, Borderlands 4, Match Manufacturing facility, Empires & Puzzles, Phrases With Pals, the Crimson Lifeless Redemption collection, and Zynga Poker. Recurrent client spending is anticipated to be flat in comparison with FY2025.
