Take-Two Q1 net loss widens to $34.1 million as revenue rises to $1.53 billion
Take-Two Interactive reported fiscal first-quarter 2027 results for the period ended June 30, 2026. GAAP net revenue rose to $1.53 billion from $1.50 billion, but Net Bookings fell 3% to $1.39 billion and the GAAP net loss widened to $34.1 million, or $0.18 per share, from $11.9 million, or $0.07 per share, a year earlier. The company reiterated its fiscal 2027 Net Bookings outlook of $8.0 to $8.2 billion and guided to a fiscal second-quarter net loss of $157 million to $140 million.
Key points
- Net Bookings fell 3% to $1.39 billion; GAAP net revenue rose to $1.53 billion from $1.50 billion
- GAAP net loss was $34.1 million, or $0.18 per share, including a $43.4 million impairment charge tied to an unannounced third-party title
- Fiscal 2027 Net Bookings outlook of $8.0 to $8.2 billion reiterated; Grand Theft Auto VI launch set for November 19, 2026
- Fiscal second-quarter outlook: GAAP net loss of $157 million to $140 million and Net Bookings of $1.62 billion to $1.67 billion
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 August 07, 2026.
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.