Take-Two Interactive Software Inc

Latest Results (27.10.2025):

Take-Two Interactive Software Inc reported its financial results for the third quarter of fiscal year 2025, ending December 31, 2024. The company achieved total Net Bookings of $1.37 billion, consistent with its guidance. While GAAP net revenue remained steady at $1.36 billion, the company reported a GAAP net loss of $125.2 million, an increase from the previous year's $91.6 million loss. The strong performance of NBA 2K25 contributed significantly to the results, offsetting slower growth in some mobile franchises. Take-Two reiterated its fiscal year 2025 Net Bookings outlook of $5.55 to $5.65 billion and provided an optimistic forecast for the upcoming fiscal years.

Net Bookings Growth

Take-Two achieved total Net Bookings of $1.37 billion in Q3 Fiscal 2025, marking a 3% increase from $1.34 billion the previous year. Recurrent consumer spending grew by 9%, constituting 79% of total Net Bookings.

Revenue and Profit

GAAP net revenue for the quarter was $1.36 billion, slightly down from $1.37 billion last year. However, GAAP net loss expanded to $125.2 million from $91.6 million, due in part to increased operating expenses.

Top Performers

The leading contributors to Net Bookings included NBA 2K25, Grand Theft Auto Online and V, Toon Blast, and Match Factory!, among others, showcasing the strength of Take-Two’s key franchises.

Future Outlook

Take-Two reiterated its fiscal year 2025 Net Bookings guidance of $5.55 to $5.65 billion and expressed confidence in achieving record levels of Net Bookings in fiscal 2026 and 2027, supported by upcoming game releases and ongoing investments in the development pipeline.

Management Commentary

Chairman and CEO Strauss Zelnick highlighted the solid holiday season performance, emphasizing the strong results from NBA 2K and a strategic shift in expense timing that benefited the quarter.