NBA 2K

Take-Two Interactive Investor Presentation: November 2022

Take-Two Interactive operates as a premier global publisher with a strategic focus on scaling its presence across console, PC, and mobile platforms.

Take-Two Interactive Investor Presentation: August 2022

Take-Two Interactive is positioning itself to capture significant market share in the global interactive entertainment industry by leveraging a diverse portfolio of high-quality intellectual property and an expansive development pipeline.

Take-Two Annual Financial Results: 2022

Take-Two Interactive’s financial results for the fiscal year ending March 31, 2022, highlight a business model increasingly reliant on recurrent consumer spending.

• Recurrent consumer spending through in-game purchases accounted for 65% of total annual revenue, marking a 6% increase over the previous year.
• Take-Two reported $3.5 billion in net revenue for fiscal year 2022, a 4% year-over-year decline, with net income falling 29% to $418 million.
• Grand Theft Auto V reached 165 million units sold globally, while Red Dead Redemption 2 achieved 44 million units.

Take-Two Interactive Software Reports Strong Results for Fiscal Year 2022

Take-Two Interactive achieved stable financial growth during fiscal year 2022, characterized by a 4% increase in GAAP net revenue to $3.50 billion and net bookings totaling $3.41 billion.

• Take-Two Interactive reported fiscal year 2022 GAAP net revenue of $3.50 billion, a 4% increase, while net bookings reached $3.41 billion.
• Net income declined to $418 million in fiscal year 2022, down from $589 million in the previous year.
• Digital channels accounted for 90% of total revenue, highlighting the company's heavy reliance on digital-first distribution.

Take-Two Interactive Software Q3 2022 Earnings Results

Take-Two Interactive demonstrated financial resilience during the third quarter of fiscal year 2022, characterized by steady growth in both revenue and net bookings.

• Take-Two Interactive reported Q3 2022 GAAP net revenue of $903.3 million, a 5% year-over-year increase, and net bookings of $866.1 million, a 6% increase.
• Management raised the full-year net bookings outlook to a range of $3.37 billion to $3.42 billion, driven by the sustained performance of Grand Theft Auto and NBA 2K.
• Digital distribution now accounts for approximately 90% of net bookings for the nine-month period, reflecting a significant shift in consumer purchasing behavior.

Take-Two Interactive Q3 FY2022 Results

Take-Two Interactive’s third-quarter fiscal year 2022 results demonstrate strong operational performance, characterized by net bookings exceeding the high end of the company's guidance range.

• Take-Two Interactive exceeded its Q3 FY2022 net bookings guidance, reporting $903 million in GAAP net revenue.
• The company raised its full-year net revenue forecast to a range of $3.41 billion to $3.46 billion.
• Digitally-delivered net bookings grew by 12% during the quarter, while recurrent consumer spending from NBA 2K and Grand Theft Auto increased by 2%.

Take-Two Interactive Reports Strong Results for Fiscal Second Quarter 2022

Take-Two Interactive demonstrated resilient financial performance during the second quarter of fiscal year 2022, characterized by steady growth in core revenue streams and a strategic pivot toward digital distribution.

• Take-Two Interactive reported fiscal Q2 2022 GAAP net revenue of $858.2 million (up 2%) and net bookings of $984.9 million (up 3%), driven by strong performance in Grand Theft Auto and NBA 2K.
• The company raised its full-year net bookings guidance to a range of $3.3 billion to $3.4 billion, signaling confidence in sustained player engagement.
• GAAP net income dropped significantly to $10.3 million from $99.3 million in the prior-year period, largely due to a $53 million impairment charge from a cancelled development project.

Take-Two Interactive Investor Presentation: November 2021

Take-Two Interactive occupies a dominant position in the global interactive entertainment industry by leveraging a robust portfolio of high-quality intellectual properties.

• Take-Two Interactive achieved a 17% compound annual growth rate in net bookings between fiscal years 2017 and 2021.
• Recurrent consumer spending grew at a 37% compound annual rate over the 2017–2021 period, serving as a primary driver of financial health.
• Console platforms remained the dominant revenue source in fiscal year 2021, accounting for 75% of total net bookings.

Take-Two Interactive Q2 FY2022 Results

Take-Two Interactive’s second-quarter fiscal year 2022 results demonstrate strong financial performance, characterized by net bookings of $985 million, which exceeded the company’s guidance range of $815 million to $865 million.

• Take-Two Interactive exceeded Q2 FY2022 guidance with $985 million in net bookings and $858 million in GAAP net revenue.
• The company raised its full-year FY2022 net bookings outlook to a range of $3.3 billion to $3.4 billion, driven by strong consumer engagement and recurrent spending in the NBA 2K franchise.
• Take-Two plans to release 62 titles between fiscal years 2022 and 2024, spanning immersive core, independent, and mobile game categories.

Take-Two Interactive Investor Presentation: August 2021

Take-Two Interactive occupies a dominant position in the global interactive entertainment market by leveraging a portfolio of high-quality intellectual properties, most notably the Grand Theft Auto, Red Dead Redemption, and NBA 2K franchises.

• Take-Two Interactive achieved a 17% compound annual growth rate in net bookings between fiscal years 2017 and 2021.
• Recurrent consumer spending grew at a 37% compound annual rate during the 2017–2021 period, driven by the company's live-service initiatives.
• Console platforms remain the company's primary revenue source, accounting for 75% of total net bookings as of fiscal year 2021.

Take-Two Interactive 4Q21 Quarterly Results Management Prepared Remarks

Take-Two Interactive achieved record-breaking financial performance during fiscal year 2021, characterized by $3.55 billion in net bookings, representing a 19% year-over-year increase.

• Take-Two Interactive achieved record fiscal 2021 net bookings of $3.55 billion, a 19% year-over-year increase driven by Grand Theft Auto and NBA 2K.
• Recurrent consumer spending reached an all-time high, accounting for 63% of total net bookings for fiscal 2021.
• The company projects a normalization period in fiscal 2022, with net bookings expected to decline to between $3.2 billion and $3.3 billion.

Take-Two Interactive Fourth Quarter and Fiscal 2021 Results

Take-Two Interactive’s fiscal year 2021 results demonstrate strong financial performance, characterized by record-breaking net bookings and significant growth in recurrent consumer spending.

• Take-Two Interactive achieved record-breaking fiscal 2021 net bookings of $3.55 billion, exceeding initial guidance by approximately $1 billion.
• Recurrent consumer spending, including in-game purchases and DLC, reached a record 63% of total net bookings for fiscal 2021.
• Adjusted unrestricted operating cash flow for fiscal 2021 hit a record $920 million, outperforming initial expectations by $570 million.