NBA 2K

Third Quarter Fiscal 2025 Results and Guidance Summary

Take-Two Interactive’s third-quarter fiscal 2025 results demonstrate a period of mixed performance characterized by strong growth in key sports franchises offset by challenges within the mobile gaming segment.

• Take-Two Interactive maintains its full-year net bookings guidance of $5.55 billion to $5.65 billion, positioning calendar year 2025 as a critical inflection point anchored by the fall release of Grand Theft Auto VI.
• The company reported Q3 fiscal 2025 GAAP net revenue of $1.36 billion and a net loss of $125 million, with operating results exceeding internal expectations due to NBA 2K performance and shifted expense timing.
• Recurrent consumer spending (RCS) grew 9% year-over-year, leading management to raise its full-year RCS growth forecast to 5% based on the sustained success of the NBA 2K franchise.

Take-Two Interactive Software Second Quarter Fiscal 2023 Results

Take-Two Interactive’s second quarter fiscal 2023 results reflect a period of transition and adjustment following the acquisition of Zynga.

• Take-Two Interactive reported $1.39 billion in GAAP net revenue and $1.5 billion in net bookings for the quarter ending September 30, 2022.
• The company lowered its fiscal year 2023 revenue guidance to a range of $5.41 billion to $5.51 billion, citing mobile business underperformance, product release shifts, and macroeconomic headwinds.
• Recurrent consumer spending grew by 76%, bolstered primarily by the NBA 2K franchise and Rollic’s hyper-casual mobile portfolio.

Take-Two Interactive Investor Presentation: November 2024

Take-Two Interactive is positioned to capitalize on the sustained expansion of the global interactive entertainment market, which is forecasted to reach a valuation of $235 billion by 2027.

• Mobile gaming is now the company's primary revenue driver, accounting for 52% of total net bookings and 64% of recurrent consumer spending.
• The company is leveraging its Zynga acquisition to integrate live-service expertise across its portfolio, aiming to maximize consistent revenue generation.
• A workforce of nearly 9,600 employees is currently focused on a development pipeline headlined by the upcoming release of Grand Theft Auto VI.

Take-Two Interactive Second Quarter Fiscal 2025 Results and Guidance Summary

Take-Two Interactive’s second quarter fiscal 2025 results demonstrate a period of stable performance characterized by strong engagement in key franchises and a strategic focus on long-term growth.

• Take-Two Interactive reported Q2 fiscal 2025 net bookings of $1.47 billion, hitting the upper end of its guidance range.
• The company reaffirmed its full-year fiscal 2025 net bookings guidance of $5.55 billion to $5.65 billion, with the release of Grand Theft Auto VI scheduled for fall 2025.
• Recurrent consumer spending grew 6% year-over-year, leading management to raise its full-year growth forecast for this metric to 4%.

Take-Two Interactive Investor Presentation: August 2024

Take-Two Interactive operates as a dominant force in the global interactive entertainment market, leveraging a vast portfolio of industry-leading intellectual property to drive long-term consumer engagement and financial growth.

• Take-Two is scheduled to release Grand Theft Auto VI in the fall of 2025, serving as the primary driver for future growth.
• Mobile platforms now account for over 50% of total net bookings and 64% of recurrent consumer spending, following the acquisitions of Zynga and Rollic.
• The NBA 2K franchise has reached nearly 150 million units in lifetime sales, anchoring the company's console and PC financial performance.

Take-Two Interactive First Quarter Fiscal 2025 Results

Take-Two Interactive’s first-quarter fiscal 2025 results reflect a period of transition characterized by strategic investments in its development pipeline and ongoing operational adjustments.

• Take-Two Interactive reported Q1 fiscal 2025 GAAP net revenue of $1.338 billion, alongside a GAAP net loss of $262 million driven by reorganization costs, acquisition expenses, and currency devaluation.
• The company maintains its fiscal year 2025 net bookings guidance of $5.55 billion to $5.65 billion, anticipating future growth from the releases of Grand Theft Auto VI and Sid Meier's Civilization 7.
• Recurrent consumer spending remained flat year-over-year, as mobile growth from Match Factory! and Toon Blast was offset by declines in hyper-casual titles, Grand Theft Auto Online, and NBA 2K.

Take-Two Interactive Investor Presentation: May 2024

Take-Two Interactive is strategically positioning itself to capture a significant share of the global interactive entertainment market, which is forecasted to reach $235 billion by 2027.

• Take-Two identifies the upcoming release of Grand Theft Auto VI as the primary catalyst for future financial growth and market leadership.
• The mobile sector now accounts for more than 50% of Take-Two’s total net bookings, driven by the company's multi-label structure including Zynga.
• Take-Two is positioning its portfolio to capture share in the global interactive entertainment market, which is projected to reach $235 billion by 2027.

Fourth Quarter and Fiscal 2024 Results & Guidance

Take-Two Interactive’s fourth quarter and fiscal year 2024 results provide a comprehensive overview of the company’s financial performance, operational achievements, and strategic outlook.

• Take-Two Interactive has officially scheduled the release of Grand Theft Auto VI for the fall of calendar 2025.
• The company reported $5.33 billion in net bookings for fiscal year 2024, with a 2% year-over-year increase in recurrent consumer spending.
• Fiscal year 2025 guidance projects a 5% growth in net bookings, with management anticipating sequential growth through 2027.

Take-Two Interactive Investor Presentation: February 2024

Take-Two Interactive occupies a dominant position in the global interactive entertainment industry, maintaining a diverse portfolio of intellectual property that spans console, PC, and mobile platforms.

Take-Two Interactive Software, Inc. Reports Results for Fiscal Second Quarter 2024

Take-Two Interactive Software, Inc. demonstrated a complex financial performance during the second quarter of fiscal 2024, characterized by robust consumer engagement with core intellectual properties balanced against significant accounting-related losses.

Take-Two Interactive November 2023

Take-Two Interactive occupies a dominant position in the global video game industry, which is forecasted to reach a valuation of $246 billion by 2027.

• Mobile operations accounted for 47% of Take-Two’s total net bookings in fiscal year 2023, driven largely by the integration of Zynga.
• The company is targeting over $500 million in annual net bookings from its mobile segment, supported by $100 million in projected cost synergies.
• Take-Two’s growth strategy relies on a portfolio of flagship intellectual property, including Grand Theft Auto, Red Dead Redemption, NBA 2K, and Borderlands.

Take-Two Interactive Investor Presentation: August 2023

Take-Two Interactive operates as a global leader in the interactive entertainment industry, maintaining a diversified portfolio that spans console, PC, and mobile platforms.