Take-Two says fiscal Q1 2027 net bookings top guidance on NBA 2K, Grand Theft Auto outperformance

Reuters2026/08/07 13:02

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Take-Two reported fiscal Q1 net bookings of $1.39 billion, slightly above guidance, driven by outperformance in NBA 2K and the Grand Theft Auto series.
Recurrent consumer spending fell 1% and made up 84% of net bookings; NBA 2K rose 7%, the Grand Theft Auto series increased 3%, mobile declined 7%.
GTA V sold-in topped 230 million units; GTA+ growth was supported by new content, including the Rockstar Mission Creator tools.
Guidance was reiterated for fiscal 2027 net bookings of $8-$8.2 billion, reflecting confidence in a November 19 release of Grand Theft Auto VI.
GAAP net revenue rose 2% to $1.5 billion; cost of revenue increased 17% to $651 million, including a $43 million impairment tied to a canceled third-party title.

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 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 says fiscal Q1 2027 net bookings top guidance on NBA 2K, Grand Theft Auto outperformance

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