NASDAQ$TTWO

Take Two Interactive Software Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

The company delivered strong third-quarter results and raised its full-year outlook.

Take-Two delivered a strong Q3 FY2026 with net bookings significantly above guidance, driven by NBA 2K, Grand Theft Auto, and mobile titles, while reporting a GAAP net loss and raising its full-year outlook.

  • Net bookings materially exceeded the company’s guidance range.
  • NBA 2K and Grand Theft Auto franchises outperformed expectations.
  • Mobile titles delivered solid growth and represented about half of revenue.
  • Management raised full-year fiscal 2026 net bookings and cash flow outlook.

Headline financials

Total Revenue

$1.7B

Previous: $1.36B+24.9%
EPS

-$0.50

Previous: -$0.71+29.6%
Recurrent Consumer Spending %

23.0%

Previous: 9.0%+155.6%
Net Bookings

$1.76B

Previous: $1.37B+27.9%
Capital Expenditures

-$126M

Previous: -$115M-9.3%
Free Cash Flow

-$219M

No prior period
Net Income

-$92.9M

Previous: -$125M+25.8%
Operating Income

-$38.7M

Previous: -$132M+70.7%
Gross Profit

$946M

Previous: $760M+24.4%
Cash & Equivalents

$2.16B

No prior period
Total Assets

$10B

No prior period

Revenue & EPS history

Take-Two · Revenue · Quarterly

$1.7B

Q3 2026+24.9%vs Q3 2025
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Take-Two · $1.68B total across 3 segments · Q4 2026

  • Mobile
    $844M+0.0%
  • Console
    $675M+0.0%
  • PC and other
    $161M+0.0%

Forward guidance

The company raised its fiscal year 2026 outlook following strong Q3 performance and expects continued momentum.

Tailwinds

  • Raised full-year net bookings outlook to $6.65–$6.7 billion.
  • Strong ongoing performance from NBA 2K and GTA franchises.
  • Mobile business continues to show solid engagement trends.
  • Recurrent consumer spending expected to grow at a faster pace.
  • Operating cash flow outlook increased significantly.

Headwinds

  • Company continues to project a GAAP net loss for the full fiscal year.
  • High operating expenses remain a headwind.
  • Results remain dependent on a small number of key franchises.
  • Foreign exchange and macroeconomic factors may impact results.
  • Upcoming title launches carry execution risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+1.5%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.2%

Avg return

30 days after

60%

40 / 67 earnings

Positive

+15.9%

Q4 2015

Best reaction

-13.8%

Q1 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.8%
Q3 2026-5.4%-3.4%-0.3%
Q2 2026-0.9%-4.8%-1.8%
Q1 2026-7.0%+4.3%+5.8%
Q4 2025-2.4%-2.4%-0.9%
Q3 2025+14.0%+14.3%+11.6%
Q2 2025+9.2%+9.4%+15.7%
Q1 2025+6.7%+6.8%+15.4%
Q4 2024-0.2%+2.3%+7.3%
Q3 2024-8.6%-9.5%-15.2%
Q2 2024+7.3%+10.1%+13.9%
Q1 2024-1.3%-0.7%+0.7%
Q4 2023+12.6%+10.6%+11.8%
Q3 2023+4.2%+1.7%+6.4%
Q2 2023-13.8%-5.8%-8.3%
Q1 2023-5.0%-3.2%-5.2%
Q4 2022+12.0%+5.6%+14.8%
Q3 2022-1.6%-2.0%-9.5%
Q2 2022+4.9%+0.7%-9.9%
Q1 2022-7.8%-8.7%-6.6%
Q4 2021+6.6%+9.6%+1.4%
Q3 2021-3.5%-3.7%-20.6%
Q2 2021+7.0%-5.4%+10.4%
Q1 2021+8.2%+6.7%+5.4%
Q4 2020-2.8%-1.2%+0.3%
Q3 2020-6.8%-6.9%-2.5%
Q2 2020+0.2%+2.0%+6.0%
Q1 2020+2.4%+5.9%+9.1%
Q4 2019+0.2%+3.2%+5.2%
Q3 2019-10.2%-12.9%-18.9%
Q2 2019-3.7%-11.8%-17.0%
Q4 2018+0.4%+2.2%+7.1%
Q3 2018-12.5%-7.1%-1.4%
Q2 2018+10.0%+8.1%-0.4%
Q1 2018+11.5%+13.2%+20.0%
Q4 2017+12.6%+11.6%+5.8%
Q3 2017-0.9%+6.8%+9.2%
Q2 2017+9.9%+12.8%+8.0%
Q1 2017+1.4%+1.5%+9.6%
Q4 2016+3.6%
Q3 2016+4.9%
Q2 2016+0.5%
Q1 2016-2.8%
Q4 2015+15.9%
Q3 2015-3.4%
Q2 2015+9.3%
Q1 2015-7.9%
Q4 2014-8.1%
Q3 2014-11.1%
Q2 2014-3.1%
Q1 2014+3.4%
Q4 2013+0.6%
Q3 2013+15.4%
Q2 2013+4.7%
Q1 2013-13.8%
Q4 2012+4.5%
Q3 2012+2.8%
Q2 2012-0.8%
Q1 2012-4.4%
Q4 2008+4.1%
Q3 2010+6.1%
Q3 2011+6.1%
Q4 2010+6.1%
Q2 2011+1.8%
Q4 2009+5.8%
Q3 2009+5.8%
Q1 2011+5.8%

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