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
Provision for income taxes
“$47 to $41”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
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
and SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP MEASURE (in millions) Three Months Ended June 30, 2025 2024 Net loss $ (11.9) $ (262.0) (Benefit from) provision for income taxes (1.9) 49.8 Interest expense 22.4 19.2 Depreciation and amortization 50.4 44.8 Amortization of acquired intangibles 166.5 173.1 EBITDA $ 225.5 $ 24.9 Outlook Fiscal Year Ending March 31, 2026 Net loss $(442) to $(377) Provision for income taxes $47 to $41 Interest expense $85 Depreciation $163 Amortization of acquired intangibles $701 EBITDA $554 to $613 Outlook Three Months Ended September 30, 2025 Net loss $(136) to $(110) Provision for income taxes $16 to $13 Interest expense $21 Depreciation $40 Amortization of acquired intangibles $176 EBITDA $117 to $140
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.