Take‑Two Interactive posts mixed Q2 FY27 results, keeps full‑year bookings outlook and raises revenue guidance
Take‑Two Interactive reported fiscal Q2 2027 net revenue of $1.50 billion, down 16% year‑on‑year, and net bookings of $1.60 billion, down 18% YoY. GAAP net loss narrowed to $54 million, or $0.29 per share, beating the loss guidance range. The company kept its full‑year net bookings outlook at $8.0‑$8.2 billion and raised GAAP net revenue guidance to $7.98‑$8.18 billion, citing strong pre‑orders for Grand Theft Auto VI. It forecast Q3 net bookings of $3.35‑$3.50 billion and GAAP net revenue of $3.27‑$3.42 billion.
Why it matters
The raised revenue guidance suggests higher top‑line growth than analysts expected, which may support the stock price despite the bookings shortfall. The Q3 bookings forecast of $3.35‑$3.50 billion sets expectations for a rebound once GTA VI launches.
Key facts
- 1Net revenue was $1.50 billion, down 16% year‑on‑year. gamesindustry.biz
- 2Net bookings were $1.60 billion, down 18% year‑on‑year. gamesindustry.biz
- 3GAAP net loss was $54 million, compared with a $133.9 million loss a year earlier. gamesindustry.biz
- 4Full‑year GAAP net revenue guidance was raised to $7.98‑$8.18 billion. gamesindustry.biz
- 5Full‑year net bookings outlook remained $8.0‑$8.2 billion. gamesindustry.biz
- 6Q3 net bookings are expected to be $3.35‑$3.50 billion. gamesindustry.biz
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.