All articles tagged with #net bookings
Take-Two reported Q1 FY2027 results (quarter ended June 30, 2026) with net bookings of $1.39B (down 3% YoY) and GAAP net revenue of $1.53B; GAAP net loss was $34.1M, including a $43.4M impairment related to shelving an unannounced title. The company reiterated its fiscal 2027 net bookings guidance of $8.0–$8.2B and highlighted the upcoming Grand Theft Auto VI release on November 19, 2026 as a key growth driver.
Take-Two lifted its Fiscal 2027 net bookings outlook to $8.2 billion thanks to GTA 6, and CEO Strauss Zelnick says sales are already well over 90% digital, underscoring the industry’s shift away from physical releases; while pre-orders for GTA 6 look strong, he cautions against counting on sales until they materialize, and the company notes a dip in its mobile business as the stock moves lower.
Take-Two says GTA 6 pre-orders were unprecedented and astonishing, though it did not disclose exact figures; presales began June 25 with the standard edition priced at $79.99 and a $99.99 Ultimate edition. For the quarter, net bookings were $1.39B with $1.53B in revenue and a GAAP loss of $0.18 per share, and the company reaffirmed its FY2027 net bookings outlook of $8.0–$8.2B as GTA 6 heads toward an November 19 launch.
Take-Two Interactive reported FY2026 net bookings of $6.72 billion, roughly $750 million above initial guidance, with a near-equal split between mobile and traditional gaming. The company expects over $1 billion in operating cash flow in the next 12 months, driven by the GTA 6 launch, and signals pursuing accretive acquisitions and tech investments as it frames FY27 as a major inflection point for the business.
Take-Two Interactive has set a net bookings goal of $8 billion for fiscal year 2025, which has led to speculation that the highly-anticipated Grand Theft Auto 6 could launch as early as next year. However, the fiscal year runs from April 2024 through March 31, 2025, leaving a large window for release.
EA Sports FC's FIFA 23 has become the most successful game in franchise history, contributing to EA's record Q4 net bookings of $1.95 billion, up 11% YoY. This is the last FIFA game from EA, as the franchise has been rebranded to EA Sports FC. The Sims 4 and Apex Legends also helped EA's portfolio, with the former reaching 70 million total players worldwide. EA projects upcoming Q1 revenue to land between $1.83 billion and $1.93 billion, with revenue for the upcoming fiscal year to reach between $7.3 billion and $7.7 billion.