Take-Two Reports Strong FY26 Results, Projects Profitability in FY27 Driven by Grand Theft Auto VI Launch
TTWO sits 37% above its 52-week low of $187.63 on elevated volume (2.2× avg).
Summary
Take-Two Interactive reported strong Q4 and full fiscal year 2026 results, exceeding expectations, and provided a robust fiscal year 2027 outlook projecting a return to profitability and record Net Bookings, largely driven by the confirmed November 2026 launch of Grand Theft Auto VI.
Key Events · Earnings and Guidance · TTWO
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Strong Fiscal Year 2026 Performance
Reported $6.72 billion in Net Bookings (up 19% year-over-year) and significantly reduced GAAP net loss to $298.2 million, a substantial improvement from $4.48 billion in FY25.
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Positive Fiscal Year 2027 Outlook
Projected Net Bookings of $8.0 to $8.2 billion and GAAP diluted net income per share of $0.55 to $0.75, marking a return to profitability.
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Grand Theft Auto VI Launch Confirmed
The highly anticipated title is set for release on November 19, 2026, and is a primary driver for the strong fiscal year 2027 guidance.
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Increased Operating Cash Flow
Anticipates over $1 billion in net cash provided by operating activities for fiscal year 2027.
Analysis · TTWO · Technology
Take-Two Interactive delivered strong fiscal year 2026 results, exceeding expectations and significantly reducing its net loss compared to the prior year. The most impactful aspect is the robust fiscal year 2027 outlook, which projects a return to profitability and record Net Bookings, primarily driven by the highly anticipated launch of Grand Theft Auto VI. This guidance, coupled with strong cash flow projections, indicates a significant positive shift in the company's financial trajectory, especially as the stock is currently trading near its 52-week high.
At the time of this filing, TTWO was trading at $257.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $44.1B. The 52-week trading range was $187.63 to $264.79. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.