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
Income before income taxes
“$166 to $224”
Period
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
3 Outlook for Fiscal Year 2027 Take-Two is providing its initial outlook for the fiscal year ending March 31, 2027 and fiscal first quarter ending June 30, 2026: Fiscal Year Ending March 31, 2027 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, 2027 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 & Other GAAP Total net revenue $7,900 to $8,100 $100 Cost of revenue $3,504 to $3,626 $(10) $(77) $(573) Operating expenses $4,180 to $4,200 $(350) $(51) Interest and other, net $50 $(3) Income before income taxes $166 to $224 $110 $427 $624 $3 Net income $105 to $141 Diluted net income per share $0.55 to $0.75 Net cash provided by operating activities over $1,000 Capital expenditures approximately $200 Non-GAAP EBITDA $1,013 to $1,070 $110 $427 Operational metric Net Bookings $8,000 to $8,200 • Management reporting tax rate anticipated to be 18% • Share count used to calculate GAAP and management reporting diluted net income per share is expected to be 189.7 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. 4 Fiscal First Quarter Ending June 30, 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: Three Months Ending June 30, 2026 Financial Data $ in millions except for per share amounts Outlook (b) Change in deferred net revenue and related cost of revenue Stock-based
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.