HighGravityDataTake-Two Interactive — May 21, 2026 release
Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-26-037260
Showing in the filing
Net (loss) income
“$(42) to $(27)”
Period
Q1 FY2027
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 33
Net Bookings for FY2027
“$8.0 to $8.2 billion”
Management reporting tax rate for Q1 FY2027
“18%”
GAAP Total net revenue for FY2027
“$7,900 to $8,100”
Cost of revenue for FY2027
“$3,504 to $3,626”
Operating expenses for FY2027
“$4,180 to $4,200”
Interest and other, net for FY2027
“$50”
Income before income taxes for FY2027
“$166 to $224”
Net income for FY2027
“$105 to $141”
Diluted net income per share for FY2027
“$0.55 to $0.75”
Net cash provided by operating activities for FY2027
“over $1,000”
Capital expenditures for FY2027
“approximately $200”
EBITDA for FY2027
“$1,013 to $1,070”
Non-GAAP EBITDA for FY2027
“$1,013 to $1,070”
Share count used to calculate GAAP and manag… for FY2027
“189.7 million”
Total net revenue for Q1 FY2027
“$1,450 to $1,500”
GAAP Total net revenue for FY2026
“$1,450 to $1,500”
Cost of revenue for Q1 FY2027
“$578 to $594”
Operating expenses for Q1 FY2027
“$926 to $936”
Interest and other, net for Q1 FY2027
“$13”
(Loss) income before income taxes for Q1 FY2027
“$(67) to $(43)”
Net (loss) income per share for Q1 FY2027
“$(0.23) to $(0.15)”
Non-GAAP EBITDA for Q1 FY2027
“$155 to $179”
EBITDA for FY2026
“$155 to $179”
Net Bookings for Q1 FY2027
“$1,320 to $1,370”
Share count used to calculate GAAP net loss … for Q1 FY2027
“186.3 million”
Share count used to calculate management rep… for Q1 FY2027
“188.7 million”
Provision for income taxes for FY2027
“$62 to $83”
Interest expense for FY2027
“$41”
Depreciation for FY2027
“$181”
Net (loss) income for Q1 FY2027
“$(42) to $(27)”
Benefit from income taxes for Q1 FY2027
“$(25) to $(16)”
Interest expense for Q1 FY2027
“$10”
Depreciation for Q1 FY2027
“$43”
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 March 31, Fiscal Year Ended March 31, 2026 2025 2026 2025 Net loss $ (59.5) $ (3,726.2) $ (298.2) $ (4,478.9) Provision for (benefit from) income taxes 46.8 (75.7) 100.4 (12.4) Interest expense 13.6 18.9 66.3 68.7 Depreciation and amortization 50.2 87.8 198.5 229.4 Amortization of acquired intangibles 192.6 311.0 693.6 847.0 Goodwill impairment — 3,545.2 — 3,545.2 EBITDA $ 243.7 $ 161.0 $ 760.6 $ 199.1 Outlook Fiscal Year Ending March 31, 2027 Net income $105 to $141 Provision for income taxes $62 to $83 Interest expense $41 Depreciation $181 Amortization of acquired intangibles $624 EBITDA $1,013 to $1,070 Outlook Three Months Ended June 30, 2026 Net loss $(42) to $(27) Benefit from income taxes $(25) to $(16) Interest expense $10 Depreciation $43 Amortization of acquired intangibles $169 EBITDA $155 to $179
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.