Strong Net Sales, but Continued Loss: Take-Two Interactive Prepares for Record Releases
Take-Two Interactive reports strong net bookings and a narrowing of its loss to $365.5 million (€340 million). Once again, the Grand Theft Auto and Borderlands franchises are driving this performance. GTA 6 is still scheduled for release in autumn 2025, with Borderlands 4 and Mafia: The Old Country following by the end of March 2026.
Take-Two Interactive has reported results for the second quarter of its fiscal year 2025 (July to September 2024). Total net bookings increased two per cent to $1.47 billion (€1.37 billion). Net bookings from recurring consumer spending grew six per cent and accounted for 81 per cent of total net bookings. The largest contributors to net bookings were NBA 2K25 and NBA 2K24, Grand Theft Auto Online and Grand Theft Auto V, Toon Blast, Red Dead Redemption 2 and Red Dead Online, Toy Blast, Match Factory!, Empires & Puzzles, Words With Friends and the hyper-casual mobile games portfolio. GAAP net revenue increased 4 per cent to $1.35 billion (€1.25 billion). GAAP net loss was $365.5 million (€340 million), or $2.08 per share, compared to a loss of $543.6 million (~€508 million) in the same quarter a year ago.