Take-Two Interactive Announces Fiscal Q2 2026 Results
Take-Two Interactive, a major player in the gaming industry, has released its financial results for the second quarter of fiscal year 2026, which ended on September 30, 2025. The company reported significant growth in its net bookings and revenue, bolstered by successful title launches and a robust pipeline of upcoming games.
Second Quarter Fiscal 2026 Highlights
- Total Net Bookings: Increased by 33% to $1.96 billion from $1.47 billion year-over-year.
- Net Bookings from Recurrent Consumer Spending: Rose by 20%, accounting for 73% of total bookings.
- GAAP Net Revenue: Reached $1.77 billion, compared to $1.35 billion in the same quarter last year.
- GAAP Net Loss: Decreased to $133.9 million ($0.73 per share), compared to $365.5 million ($2.08 per share) the prior year.
Main Contributors to Net Bookings
The following franchises were pivotal to the company’s financial performance:
- NBA 2K25 and NBA 2K26
- Borderlands 4
- Grand Theft Auto Online and Grand Theft Auto V
- Match Factory!
- Color Block Jam
- Mafia: The Old Country
- Empires & Puzzles
- Words With Friends
- Red Dead Redemption 2 and Red Dead Online
- Toy Blast
Outlook for Fiscal Year 2026
Take-Two has raised its net bookings forecast for the current fiscal year, showing confidence in its product lineup. The company aims for record net bookings levels in fiscal year 2027, establishing a new baseline for profitability.
Fiscal Third Quarter Projections
- Fiscal Year Ending March 31, 2026: Expected share count for GAAP loss per share is 183.9 million.
- Anticipated Tax Rate: Management reporting tax is expected to be 18%.
Future Video Game Releases
Take-Two’s future lineup includes the highly anticipated “Grand Theft Auto VI,” which is scheduled to launch on November 19, 2026. The company remains committed to delivering high-quality gaming experiences, supported by innovation in live services.
Conclusion
CEO Strauss Zelnick emphasized that Take-Two’s success stems from its focus on innovation and quality in gaming. The company’s current and future offerings, particularly in the mobile and sports game sectors, position it well for sustained growth.
