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First Quarter Fiscal 2027 Results: Take-Two Interactive
Take-Two Interactive’s first-quarter fiscal 2027 results demonstrate a period of operational resilience, characterized by net bookings that exceeded management’s initial guidance.
- Take-Two Interactive expects approximately 20% year-over-year growth in fiscal 2027, with full-year net bookings guidance set at $8 billion to $8.2 billion.
- The highly anticipated release of Grand Theft Auto VI is scheduled for November 19, 2026, serving as the primary driver for the company's fiscal year growth projections.
- First-quarter fiscal 2027 GAAP net revenue reached $1.534 billion, exceeding the company's initial guidance range of $1.45 billion to $1.5 billion.
Ubisoft Appoints Christoph Hartmann to Lead Creative House 2 and Its Growing Portfolio of Franchises
Ubisoft has appointed industry veteran Christoph Hartmann as the General Manager of Creative House 2, a strategic division central to the company’s revised operating model.
- Ubisoft has appointed industry veteran Christoph Hartmann as General Manager of Creative House 2, a strategic division overseeing its tactical and competitive franchises.
- The Creative House 2 portfolio includes major intellectual properties such as Tom Clancy’s The Division, Ghost Recon, Splinter Cell, and the newly acquired title March of Giants.
- Hartmann will coordinate development across key internal studios, including Massive, Ubisoft Montreal, Ubisoft Paris, and Ubisoft Toronto.
Q3 Fiscal Year 2026 Conference Call
Take-Two Interactive’s third quarter fiscal year 2026 results demonstrate strong financial performance, characterized by significant growth in net bookings and recurrent consumer spending across its core labels.
- Take-Two Interactive reported Q3 fiscal year 2026 net bookings of $1.76 billion, exceeding guidance and prompting an upward revision of the full-year outlook to $6.65–$6.7 billion, an 18% year-over-year increase.
- Recurrent consumer spending grew 23% year-over-year and now accounts for 76% of the company's total net bookings.
- Grand Theft Auto V has surpassed 225 million units sold-in, while GTA+ membership levels have nearly doubled compared to the previous year.
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.
- Take-Two raised its fiscal year 2026 Net Bookings guidance to $6.65 billion–$6.7 billion, citing the upcoming November 2026 release of Grand Theft Auto VI as the primary catalyst for record-breaking performance in fiscal year 2027.
- Total Net Bookings for the third quarter of fiscal year 2026 grew 28% year-over-year to $1.76 billion.
- Recurrent consumer spending remains the company's financial backbone, accounting for 76% of total Net Bookings and 77% of GAAP net revenue.
Third Quarter Fiscal 2026 Results and Guidance Summary
Take-Two Interactive Software, Inc. released its third-quarter fiscal 2026 results, highlighting strong operational performance that exceeded initial guidance.
- Take-Two Interactive reported Q3 fiscal 2026 net bookings of $1.757 billion, driven by strong performance in NBA 2K, the Grand Theft Auto series, and key mobile titles.
- The company raised its full-year fiscal 2026 net bookings guidance to a range of $6.65 billion to $6.7 billion, reflecting an 18% growth rate at the midpoint.
- Recurrent consumer spending grew 23% year-over-year in Q3 and is now projected to increase by 17% for the full fiscal year.