TTWO
FY2026 Q4 · Calendar Q2 2026
Take-Two Interactive Software, Inc.
Take-Two Interactive closed fiscal 2026 with record net bookings of $6.72 billion, above the prior guidance range of $6.65-$6.7 billion. EPS of $0.80 beat the $0.563 consensus by 42%, and revenue of $1.58 billion topped estimates by 2.2%. The company set FY27 guidance at $8-8.2 billion in net bookings — roughly 20% growth — with the November 19 GTA VI launch as the primary catalyst. Despite the beat, shares fell 4.4% in the next session on 3.75x baseline volume, with the abnormal move at -4.8% versus a flat benchmark. The decline is consistent with concerns raised on the call about a $300 million OpEx increase, potential cannibalization of GTA Online by GTA VI, and an FY27 assumption of flat-to-declining mobile spend. Shares subsequently drifted 6.6% higher, partially retracing the initial reaction.
EPS surprise+42.1%
Market move-4.4%
