Take-Two Interactive Reports Strong Q2 2026 Results

Take-Two Interactive ( (TTWO) ) has released its Q2 earnings. Here is a breakdown of the information Take-Two Interactive presented to its investors.

Take-Two Interactive Software, Inc. is a prominent developer, publisher, and marketer of interactive entertainment products, primarily operating through its Rockstar Games, 2K, and Zynga labels, known for creating engaging entertainment experiences across multiple platforms.

In its fiscal second quarter of 2026, Take-Two Interactive reported impressive financial results, surpassing its guidance range with net bookings of $1.96 billion. The company has also raised its fiscal year 2026 outlook, expecting net bookings to range from $6.4 to $6.5 billion. A significant highlight is the anticipated release of Grand Theft Auto VI, set for November 19, 2026.

Key financial metrics from the quarter include a 33% increase in total net bookings compared to the previous year, reaching $1.96 billion, with recurrent consumer spending growing by 20% and accounting for 73% of total net bookings. Despite a GAAP net loss of $133.9 million, the company saw a reduction in loss per share from $2.08 to $0.73 year-over-year. Major contributors to revenue included popular titles such as NBA 2K26, Borderlands 4, and Grand Theft Auto Online.

The company continues to focus on innovation and quality, with CEO Strauss Zelnick expressing confidence in achieving record levels of net bookings in fiscal 2027. This optimism is supported by a robust pipeline of upcoming releases and ongoing success in mobile and live services.

Looking ahead, Take-Two Interactive remains committed to delivering high-quality entertainment experiences and anticipates enhanced profitability as it leverages its extensive product pipeline and continues to capture market share across various gaming platforms.