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Home/News Feed/Take-Two beats Q1 revenue estimates ahead of GTA VI launch, but full-year outlook disappoints.
TTWO
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Take-Two beats Q1 revenue estimates ahead of GTA VI launch, but full-year outlook disappoints.

Company Fundamentals
07 Aug 2026
Proactive Investors
View Source
Bullish
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Take-Two Interactive reported Q1 revenue of $1.53 billion, surpassing analyst estimates of $1.41 billion, driven by anticipation for the upcoming Grand Theft Auto VI release on November 19. Despite a 3% decline in net bookings to $1.39 billion, adjusted EBITDA of $167 million exceeded expectations. Recurrent consumer spending grew 3% to $1.29 billion, showing steady income from live-service games. However, the company's full-year revenue and profit guidance fell short of Wall Street forecasts, signaling cautious outlook despite strong quarterly results. Shares rose 1.6% following the report.

More News (TTWO)

Take-Two beats Q1 earnings estimates with $0.36 EPS and strong $1.53B revenue, eyes GTA VI launch.

Take-Two beats Q1 earnings estimates with $0.36 EPS and strong $1.53B revenue, eyes GTA VI launch.

Take-Two Interactive Software reported Q1 earnings with an EPS of $0.36, surpassing analyst estimates of $0.33, alongside strong revenue of $1.53 billion beating the expected $1.36 billion. Despite a year-over-year decline in EPS from $0.61 to $0.36,...

Company Fundamentals
Bullish
2 hours ago
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