Take-Two Interactive Software Earnings Call Transcripts
Fiscal Year 2026
-
Net bookings and revenue exceeded guidance, driven by strong performance in NBA 2K, Grand Theft Auto, and mobile titles. Fiscal 2026 outlook was raised, with recurrent consumer spending and operating cash flow both expected to grow significantly.
-
Record Q2 net bookings of $1.96B and strong mobile growth led to a raised FY26 outlook of $6.4–$6.5B. Major launches like NBA 2K26 and Mafia: The Old Country outperformed, while GTA VI's release was delayed to November 2026 to ensure quality.
-
Q1 net bookings and revenue exceeded expectations, driven by strong mobile, NBA 2K, and GTA performance. FY26 guidance was raised, with robust upcoming releases and a focus on quality, open distribution, and balanced capital allocation.
Fiscal Year 2025
-
Fiscal 2025 ended with net bookings and revenue at the top of guidance, driven by strong performance across all labels and robust recurrent consumer spending. Fiscal 2026 outlook projects 5% growth, with Grand Theft Auto VI set to launch in fiscal 2027 and drive record bookings.
-
Third-quarter net bookings reached $1.37 billion, driven by NBA 2K's strong performance, while mobile growth lagged expectations. Fiscal 2025 guidance was reiterated, with major releases like GTA VI and Civilization VII expected to drive record net bookings in the next two years.
-
Q2 net bookings reached $1.47B, driven by strong performance in Grand Theft Auto, NBA 2K25, and mobile titles. Fiscal 2025 guidance is reiterated, with robust growth expected from new releases and continued strength in core franchises.
-
Fiscal Q1 net bookings reached $1.22B, in line with guidance, as core franchises like GTA and NBA 2K remained strong. Full-year net bookings outlook is reiterated at $5.55–$5.65B, with growth expected from new releases and mobile. Operating expenses are guided lower year-over-year.
Fiscal Year 2024
-
The meeting covered board elections, executive compensation, and auditor ratification, with all procedures conducted virtually and a quorum established. No questions were raised by shareholders, and voting results will be tabulated and reported soon.