Reports Results for Fiscal Third Quarter 2026

Take-Two Interactive Software, Inc. reported strong financial results for the third quarter of fiscal year 2026, ending December 31, 2025, leading the company to raise its full-year outlook. The primary thesis centers on sustained operational momentum across its diverse label portfolio, which has enabled the company to increase its fiscal year 2026 Net Bookings guidance to a range of $6.65 billion to $6.7 billion. Management anticipates that the upcoming release of Grand Theft Auto VI in November 2026 will serve as a catalyst for record-breaking performance in fiscal year 2027, establishing a new financial baseline for the organization.

Key financial metrics for the third quarter show significant growth, with total Net Bookings rising 28% year-over-year to $1.76 billion. Recurrent consumer spending, which includes in-game purchases and virtual currency, remained a vital component of the business, accounting for 76% of total Net Bookings and 77% of GAAP net revenue. While the company reported a GAAP net loss of $92.9 million for the quarter, this represents an improvement over the $125.2 million loss recorded in the same period of the previous year. Major contributors to revenue and bookings included established franchises such as NBA 2K, Grand Theft Auto, Red Dead Redemption, and various mobile titles from the Zynga label.

The company’s geographic and platform reach remains broad, with 60% of Net Bookings generated in the United States and 40% internationally. Digital online channels continue to dominate the distribution mix, representing 97% of total Net Bookings. Platform performance shows a balanced distribution, with mobile accounting for 49% of Net Bookings, followed by console at 40% and PC and other platforms at 11%. These results reflect a strategic focus on live services and a robust pipeline of upcoming releases, including titles from the 2K, Rockstar Games, and Zynga labels.