Take-Two Interactive Software, Inc. Q4 2026 Earnings Recap

Take-Two Interactive’s shares inched up 0.6% following earnings that largely met expectations, reflecting steady execution with no significant surprises in guidance or margins.

Key Takeaways

• Q4 net bookings reached $1.58 billion, surpassing the high end of guidance, with fiscal 2026 net bookings totaling $6.7 billion, about $750 million above prior guidance.
• Record net bookings and recurrent consumer spending for NBA 2K; Zynga achieved its highest net bookings since acquisition.
• Grand Theft Auto series continues strong momentum, with Recurrent Consumer Spending up 5% YoY and nearly 230 million units sold-in to date for GTA V.
• Fiscal 2027 outlook anticipates record net bookings of $8.0–8.2 billion, driven primarily by the upcoming launch of Grand Theft Auto VI.
• Mobile segment displayed solid growth, with multiple titles achieving year-over-year gains up to 25%, supported by continuous content updates and live service features.