Take-Two says fiscal Q1 2027 net bookings top guidance on NBA 2K, Grand Theft Auto outperformance
TTWO•Revenue and costs
GAAP net revenue rose 2% to $1.5 billion; cost of revenue increased 17% to $651 million, including a $43 million impairment tied to a canceled third-party title.
Grand Theft Auto and GTA+ metrics
GTA V sold-in topped 230 million units; GTA+ growth was supported by new content, including the Rockstar Mission Creator tools.
Guidance reiterated for fiscal 2027
Guidance was reiterated for fiscal 2027 net bookings of $8 billion to $8.2 billion, reflecting confidence in a November 19 release of Grand Theft Auto VI.
Net bookings beat guidance on NBA 2K and Grand Theft Auto outperformance
Take-Two reported fiscal Q1 net bookings of $1.39 billion, slightly above guidance, driven by outperformance in NBA 2K and the Grand Theft Auto series.
