Take-Two Interactive ( (TTWO) ) has released its Q3 earnings. Here is a breakdown of the information Take-Two Interactive presented to its investors.
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Take-Two Interactive Software, Inc., headquartered in New York City, is a prominent developer, publisher, and marketer of interactive entertainment for consumers worldwide, with notable products distributed through Rockstar Games, 2K, and Zynga for consoles, PCs, and mobile devices.
In its fiscal third quarter of 2025, Take-Two Interactive reported net bookings of $1.37 billion, aligning with its guidance range, while also updating its fiscal year outlook. The company highlighted significant contributions from titles like NBA 2K25 and Grand Theft Auto V, and noted the impact of seasonal holiday spending.
Key financial metrics from the quarter show a 3% increase in total net bookings year-over-year, driven by a 9% growth in recurrent consumer spending. However, despite these gains, the company reported a GAAP net loss of $125.2 million, or $0.71 per share, a larger loss compared to the previous year’s $91.6 million. Take-Two’s performance was bolstered by the success of NBA 2K and Grand Theft Auto franchises, although some mobile segments experienced moderation.
Looking ahead, Take-Two is optimistic about its upcoming releases, including Sid Meier’s Civilization VII and Grand Theft Auto VI, anticipating strong results for fiscal years 2026 and 2027. The company remains confident in its ability to deliver record levels of net bookings in the coming years, supported by strategic investments in game development and the potential of Zynga’s mobile franchises.