NASDAQ$TTWO

Take Two Interactive Software Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Take-Two reported strong Q4 2020 earnings, driven by digital revenue and recurrent consumer spending.

Take-Two Interactive Software, Inc. reported strong results for its fourth quarter and fiscal year 2020, ended March 31, 2020. GAAP net revenue grew 41% to $760.5 million. GAAP net income grew 116% to $122.7 million, or $1.07 per diluted share. Total Net Bookings grew 49% to $729.4 million.

  • GAAP net revenue grew 41% to $760.5 million.
  • Digitally-delivered GAAP net revenue grew 54% to $634.7 million, accounting for 83% of total GAAP net revenue.
  • GAAP net income grew 116% to $122.7 million, or $1.07 per diluted share.
  • Total Net Bookings grew 49% to $729.4 million.

Headline financials

Total Revenue

$729M

Previous: $488M+49.3%
EPS (adj)

$1.50

Previous: $0.78+92.3%
Net Bookings

$729M

Previous: $488M+49.3%
Capital Expenditures

$18.6M

Previous: $23.3M-20.3%
Free Cash Flow

$227M

Previous: $430M-47.2%
Net Income

$123M

Previous: $56.8M+115.9%
Operating Income

$122M

Previous: $58.1M+109.9%
Gross Profit

$365M

Previous: $280M+30.3%
Cash & Equivalents

$2B

Previous: $827M+142.2%
Total Assets

$4.95B

Previous: $4.24B+16.6%
Stock-Based Comp

$81.3M

Previous: $69.1M+17.6%

Revenue & EPS history

Take-Two · Revenue · Quarterly

$729M

Q4 2020+49.3%vs Q4 2019
Beat estimate in 8 of 16 quarters(50%)
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

Take-Two provided its initial outlook for its fiscal first quarter ending June 30, 2020 and its fiscal year ending March 31, 2021.

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 Q4 2020

Historical avgQ4 2020

+1.5%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+2.0%

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%-13.4%-5.4%
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%
Q4 2010+6.1%
Q3 2011+6.1%
Q3 2010+6.1%
Q2 2011+1.8%
Q1 2011+5.8%
Q3 2009+5.8%
Q4 2009+5.8%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro