| Metric | Value ($ M) | Q1 FY26 |
|---|---|---|
| Revenue | 1.5K | 2.0% |
| Total Income | 1.5K | 2.0% |
| Expenditure | 1.6K | 5.9% |
| PBT | -49.30 | 257.3% |
| Net Profit | -34.10 | 186.6% |
| OPM | -2.31% | 3.75pp |
| NPM | -2.22% | 1.43pp |
| EPS | -0.18 | 157.1% |
Take-Two Interactive Reports Q1 FY27 Results, Reaffirms FY27 Net Bookings Outlook
07 Aug 2026 · 7 Aug, 5:11 pm
Summary
Take-Two Interactive Software, Inc. reported first quarter fiscal year 2027 results with Net Bookings of $1.39 billion, slightly exceeding guidance. Total Net Bookings saw a slight decrease of 3% year-over-year, while GAAP net revenue increased by 2% to $1.53 billion. The company reported a GAAP net loss of $34.1 million, or $0.18 per share, compared to a loss of $11.9 million in the prior year, impacted by an impairment charge. Management reiterated the Fiscal 2027 Net Bookings outlook of $8.0 to $8.2 billion, citing the power of its portfolio and excitement for the upcoming launch of Grand Theft Auto VI.
Key Highlights
- 1
Fiscal first quarter Net Bookings were $1.39 billion, slightly above the Company's guidance range.
- 2
Total Net Bookings decreased 3% to $1.39 billion compared to $1.42 billion during last year’s fiscal first quarter.
- 3
GAAP net revenue was $1.53 billion, an increase from $1.50 billion in last year’s fiscal first quarter.
- 4
Recurrent consumer spending increased 3% and accounted for 84% of total GAAP net revenue.
- 5
GAAP net loss was $34.1 million, or $0.18 per share, compared to a net loss of $11.9 million, or $0.07 per share, for the comparable period last year.
- 6
The Company is reiterating its Fiscal 2027 Net Bookings outlook of $8.0 to $8.2 billion.
Management Comments
Strauss Zelnick
Our excellent first quarter results reflect the power of our portfolio and disciplined execution across all of our labels. With these positive trends and excitement around the November 19th launch of Grand Theft Auto VI, we are reiterating our Fiscal 2027 Net Bookings outlook of $8.0 to $8.2 billion. Looking further ahead, we expect to sustain this new level of scale and generate strong cash flows, setting us on a path to deliver continued growth and long-term shareholder returns.
Informational and educational content only. Not investment advice.