HighGravityDataTake-Two Interactive — Aug 7, 2025 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-25-038919
Showing in the filing
Net Bookings
“$6.05 to $6.15 billion”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 33
Net Bookings for FY2026
“$6.05 to $6.15 billion”
Management reporting tax rate for Q2 FY2026
“18%”
GAAP Total net revenue for FY2026
“$6,100 to $6,200”
Cost of revenue for FY2026
“$2,548 to $2,570”
Operating expenses for FY2026
“$3,840 to $3,860”
Interest and other, net for FY2026
“$106”
(Loss) income before income taxes for FY2026
“$(394) to $(336)”
Net loss for FY2026
“$(442) to $(377)”
Net loss per share for FY2026
“$(2.40) to $(2.05)”
Net cash provided by operating activities for FY2026
“approximately $130”
Capital expenditures for FY2026
“approximately $140”
Non-GAAP EBITDA for FY2026
“$554 to $613”
Net Bookings (Operational metric) for FY2026
“$6,050 to $6,150”
Share count used to calculate GAAP net loss … for FY2026
“183.9 million”
Share count used to calculate management rep… for FY2026
“186.2 million”
GAAP Total net revenue for Q2 FY2026
“$1,650 to $1,700”
Cost of revenue for Q2 FY2026
“$730 to $746”
Operating expenses for Q2 FY2026
“$1,020 to $1,030”
Interest and other, net for Q2 FY2026
“$21”
(Loss) income before income taxes for Q2 FY2026
“$(121) to $(97)”
Net (loss) income per share for Q2 FY2026
“$(0.75) to $(0.60)”
Non-GAAP EBITDA for Q2 FY2026
“$117 to $140”
Operational metric Net Bookings for Q2 FY2026
“$1,700 to $1,750”
Net Bookings (Operational metric) for FY2025
“$1,700 to $1,750”
Share count used to calculate GAAP net loss … for Q2 FY2026
“184.5 million”
Share count used to calculate management rep… for Q2 FY2026
“186.3 million”
Provision for income taxes for FY2026
“$47 to $41”
Interest expense for FY2026
“$85”
Depreciation for FY2026
“$163”
Net (loss) income for Q2 FY2026
“$(136) to $(110)”
Provision for income taxes for FY2025
“$16 to $13”
Interest expense for FY2025
“$21”
Depreciation for FY2025
“$40”
Exhibit 99.1 · the passage around this item
… earlier in the release
CEO Comments Strauss Zelnick, Chairman and CEO of Take-Two Interactive stated: “Our outstanding first quarter results reflect ongoing demand for our core franchises and the increasingly diversified, successful nature of our business. We are raising our Fiscal Year 2026 Net Bookings outlook to $6.05 to $6.15 billion as a result of our strong start to the fiscal year. As we approach the release of the most ambitious pipeline in our company’s history, we have exceptional confidence in our multi-year outlook and our ability to deliver meaningful shareholder returns.” First Quarter Fiscal 2026 Financial and Operational Highlights • Total Net Bookings* grew 17% to $1.42 billion, compared to $1.22 billion during last year’s fiscal first quarter. ◦ Net Bookings from recurrent consumer spending** grew 17% and accounted for 83% of total Net Bookings. ◦ The largest contributors to Net Bookings were NBA® 2K25, Grand Theft Auto V and Grand Theft Auto® Online, Toon Blast™ , Match Factory!™ , Color Block Jam™ , Empires & Puzzles™, Red Dead Redemption® 2 and Red Dead Online, Words With Friends™, and Toy Blast™. • GAAP net revenue was $1.50 billion, compared to $1.34 billion in last year’s fiscal first quarter. 1 ◦ Recurrent consumer spending** increased 14% and accounted for 84% of total GAAP net revenue. ◦ The largest contributors to GAAP net revenue were NBA 2K25, Grand Theft Auto Online and Grand Theft Auto V, Toon Blast, Match Factory! , Color Block Jam , Empires & Puzzles, Red Dead Redemption 2 and Red
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.