Updated Mar 21, 2026 by Take-Two Interactive
Take-Two Interactive exceeded Q2 fiscal 2026 expectations with $1.961 billion in Net Bookings, significantly outperforming the forecasted $1.700–$1.750 billion range.
The company raised its full-year fiscal 2026 Net Bookings guidance to $6.4–$6.5 billion, representing a 14% year-over-year growth at the midpoint.
Recurrent consumer spending (RCS) grew 20% year-over-year, driven by a 45% increase in NBA 2K and mid-teens growth in the mobile segment.
Grand Theft Auto VI is scheduled for release in November 2026 as part of a 38-title development pipeline planned through fiscal 2028.
Despite a GAAP net loss of $134 million, management projects fiscal 2027 will reach record Net Bookings levels, establishing a new baseline for profitability.
Operating expenses rose 13% during the quarter, primarily due to increased user acquisition investments in mobile and performance-based compensation.
Take-Two Interactive exceeded Q2 fiscal 2026 expectations with $1.961 billion in Net Bookings, significantly outperforming the forecasted $1.700–$1.750 billion range.
The company raised its full-year fiscal 2026 Net Bookings guidance to $6.4–$6.5 billion, representing a 14% year-over-year growth at the midpoint.
Recurrent consumer spending (RCS) grew 20% year-over-year, driven by a 45% increase in NBA 2K and mid-teens growth in the mobile segment.
Grand Theft Auto VI is scheduled for release in November 2026 as part of a 38-title development pipeline planned through fiscal 2028.
Despite a GAAP net loss of $134 million, management projects fiscal 2027 will reach record Net Bookings levels, establishing a new baseline for profitability.
Operating expenses rose 13% during the quarter, primarily due to increased user acquisition investments in mobile and performance-based compensation.