Take-Two Raises FY26 Revenue Guidance After Q3 Sales Jump 24.9%
Take-Two’s Q3 GAAP net loss narrowed to $0.50 per share while net revenues rose 24.9% to $1.7 billion. Shares have climbed 7.5% as the company lifts FY26 revenue guidance to $6.55–$6.60 billion and bookings outlook to $6.65–$6.70 billion.
1. Q3 Earnings and Revenue Growth
Take-Two’s fiscal Q3 GAAP net loss narrowed to $0.50 per share from $0.71 a year earlier, while net revenues climbed 24.9% to $1.7 billion. Net bookings increased 27.9% to $1.76 billion, with digital online revenues representing 97.4% of sales and mobile, console and PC revenues rising by 18.3%, 28.4% and 50.5%, respectively.
2. Guidance Revision for Fiscal 2026
The company raised its fiscal 2026 GAAP net revenue guidance to $6.55–$6.60 billion from $6.38–$6.48 billion and lifted net bookings outlook to $6.65–$6.70 billion from $6.40–$6.50 billion, while forecasting operating expenses of $3.96–$3.97 billion and a net loss per share between $2.00 and $1.84.
3. Share Price Performance Post-Earnings
Since the Q3 report, Take-Two’s share price has gained roughly 7.5%, outperforming broader market indices and reflecting investor optimism around its raised guidance and strong recurring consumer spending growth.
4. Upcoming Release Pipeline
The release pipeline includes Civilization VII for Apple Arcade on Feb. 5, 2026, PGA TOUR 2K25 on Feb. 6, and major franchises and new IPs such as WWE 2K26, Grand Theft Auto VI, CSR 3, Top Goal, Judas, Project ETHOS and the next BioShock installment.