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 cash provided by operating activities
“approximately $130”
Period
FY2026
Measure
GAAP-tied
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
2 Outlook for Fiscal Year 2026 Take-Two is raising its outlook for the fiscal year and providing its initial outlook for its fiscal second quarter ending September 30, 2025: Fiscal Year Ending March 31, 2026 The Company is also providing selected data, which is used internally by its management and Board of Directors to adjust the Company’s GAAP and Non-GAAP financial outlook in order to facilitate comparison of its operating performance between periods and to better understand its core business and future outlook: Fiscal Year Ending March 31, 2026 Financial Data $ in millions except for per share amounts Outlook (b) Change in deferred net revenue and related cost of revenue Stock-based compensation Amortization of acquired intangibles Business acquisition and other (c) GAAP Total net revenue $6,100 to $6,200 $(50) Cost of revenue $2,548 to $2,570 $2 $27 $(633) Operating expenses $3,840 to $3,860 $(352) $(68) Interest and other, net $106 $(10) (Loss) income before income taxes $(394) to $(336) $(52) $325 $701 $10 Net loss $(442) to $(377) Net loss per share $(2.40) to $(2.05) Net cash provided by operating activities approximately $130 Capital expenditures approximately $140 Non-GAAP EBITDA $554 to $613 $(52) $325 Operational metric Net Bookings $6,050 to $6,150 • Management reporting tax rate anticipated to be 18% • Share count used to calculate GAAP net loss per share is expected to be 183.9 million • Share count used to calculate management reporting diluted net income per share is expected to be 186.2 million (b) The individual components of the financial outlook may not foot to the totals, as the Company does not expect actual results for every component to be at the low end or high end of the outlook range simultaneously (c) Other includes adjustments for (i) business reorganization expenses, (ii) the revaluation of the Turkish Lira against the U.S. Dollar, and (iii) fair value adjustments related to certain equity investments 3 Fiscal Second Quarter Ending September 30, 2025 The Company is also providing selected data, which is used internally by its management and Board of Directors to adjust the Company’s GAAP and Non-GAAP financial outlook in order to facilitate comparison of its operating performance between periods and to better understand its core business and future outlook: Three Months Ending Sep
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.