Take-Two Interactive exceeded revenue expectations in Q4 2025, despite negative earnings per share
From Yahoo Finance: 2025-05-15 17:39:00
Take-Two Interactive Software exceeded revenue expectations in Q4 2025, with revenue and net bookings up by double-digit percentages. Earnings per share fell into the negative due to large impairment charges of $3.55 billion, affecting the bottom line. Grand Theft Auto VI’s delay to fiscal 2027 will not boost sales in 2026.
The company expects revenue between $5.95 billion and $6.05 billion and net bookings between $5.9 billion and $6.0 billion for fiscal 2026. Around three-quarters of net bookings came from recurrent consumer spending. Take-Two’s strong finish in fiscal 2025 was driven by Grand Theft Auto V and Grand Theft Auto Online.
Shares of Take-Two dropped about 2.5% in after-hours trading post the Q4 report. Fiscal 2027 is anticipated to be a blockbuster year for the company with the release of Grand Theft Auto VI. The company has other significant releases planned for fiscal 2026, but none are expected to match the impact of GTA VI.
Take-Two will be in a holding pattern for fiscal 2026 as it works towards the release of Grand Theft Auto VI. The delay of the highly anticipated game has impacted the company’s outlook for the year. Fiscal 2027 is expected to be a major growth year for Take-Two with the new GTA release.
Read more at Yahoo Finance: TTWO Earnings: Waiting for GTA VI
