Take-Two FY27 Q1 net loss widens to $34.1 million; revenue rises 2% to $1.53 billion

Reuters2026/08/07 11:31

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Take-Two posted fiscal first-quarter net bookings of USD 1.39 billion, down 3% from a year earlier; GAAP net revenue rose to USD 1.53 billion.
GAAP net loss widened to USD 34.1 million, or USD 0.18 per share, from a year-earlier loss of USD 11.9 million, or USD 0.07 per share.
Cost of revenue included a USD 43.4 million impairment charge tied to halting development of an unannounced third-party title.
Management reiterated fiscal 2027 net bookings guidance of USD 8 billion to USD 8.2 billion, citing the planned Nov. 19 launch of Grand Theft Auto VI.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Take-Two Interactive Software Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608070730BIZWIRE_USPR_____20260806_BW868549) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Take-Two FY27 Q1 net loss widens to $34.1 million; revenue rises 2% to $1.53 billion

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