Take-Two posts $3.73 billion Q4 net loss on $3.55 billion goodwill impairment
Take-Two Interactive reported fourth-quarter fiscal 2025 GAAP net revenue up 13% to $1.58 billion, but a GAAP net loss of $3.73 billion, or $21.08 per share, driven by a $3.55 billion goodwill impairment. For the full fiscal year, net revenue rose 5% to $5.63 billion while the net loss widened to $4.48 billion. The initial fiscal 2026 Net Bookings outlook is $5.9 to $6.0 billion, and the company expects a GAAP net loss per share of $(2.79) to $(2.45).
Key points
- Q4 net revenue rose 13% to $1.58 billion from $1.40 billion; Net Bookings grew 17% to $1.58 billion
- Q4 GAAP net loss was $3.73 billion ($21.08 per share), versus $2.90 billion ($17.02 per share) a year earlier
- Full-year GAAP net loss was $4.48 billion ($25.58 per share), versus $3.74 billion ($22.01 per share); goodwill impairment was $3.55 billion
- Fiscal 2026 outlook: Net Bookings of $5.9 to $6.0 billion and GAAP total net revenue of $5,950 to $6,050 million
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 15, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.