Two’s (NASDAQ:TTWO) Q2 CY2026 Sales Beat Estimates But Full
Take-Two (NASDAQ:TTWO) reported Q2 CY2026 revenue of $1.53 billion, up 7.8% year on year and above Wall Street estimates by 11.5%. Next-quarter revenue guidance is $1.45 billion, 18.3% below analysts. GAAP loss was $0.18 per share. The stock rose 1.5% to $235.97 after results.
How this was made
The 30-second read
Why it matters
Traders should focus on the guidance gap: next-quarter revenue guidance of $1.45B is 18.3% below analysts’ estimates, and the article also notes full-year EBITDA guidance fell short.
Market read
A revenue beat with a weaker revenue guide typically drives near-term estimate revisions and can create volatility around subsequent earnings revisions.
What to watch
The article highlights cash burn rising to $193.8M and free cash flow margin at 2.2%, which may matter more for valuation than the top-line beat.
Background
Take-Two is known for Grand Theft Auto and NBA 2K, and the article frames Q2 performance versus Wall Street expectations and forward guidance.
Ticker impact
Take-Two reported Q2 CY2026 revenue of $1.53B, up 7.8% YoY and 11.5% above estimates, but guided next-quarter revenue to $1.45B.
Choppy trading risk, with upside limited by the revenue guidance miss and cash burn commentary.
The article provides concrete Q2 beat metrics plus specific next-quarter guidance below consensus, which typically drives revisions to near-term revenue expectations even if the stock initially rose 1.5%.
Market effects
Video game publisher sentiment may hinge on guidance quality, not just revenue beats, reinforcing a more cautious read-through for consumer discretionary gaming names.
Primarily US-listed large-cap gaming sentiment; limited direct regional spillover implied by the article.
Global gaming demand read-through is modest here because the article focuses on company-specific guidance and cash flow.
Counterpoint
The revenue beat and margin improvement could outweigh the guidance miss if seasonality or product timing explains the weaker next quarter.
Key entities
- companyTake-Two Interactive Software, Inc.
Reported Q2 CY2026 results with a revenue beat, but issued weaker next-quarter revenue guidance and noted cash burn.
