Take-Two Interactive 2026 Q1 Earnings Losses Narrow Sharply by 95.5%

Take-Two Interactive delivered a strong quarterly performance, significantly narrowing its net loss year-over-year and raising full-year guidance. The company improved its net loss per share by 95.4% and boosted revenue by 12.4%, driven by strong demand for its core franchises.

Revenue
Revenue for the quarter reached $1.50 billion, reflecting a 12.4% year-over-year increase, with mobile contributing the largest share at $801.70 million. The console segment generated $550.60 million, while PC and other segments accounted for $151.50 million, collectively supporting the company’s diversified business model.

Earnings/Net Income
Take-Two narrowed its net loss to $-11.90 million in 2026 Q1, a 95.5% improvement from $-262 million in the prior-year period. On a per-share basis, the loss declined to $0.07 from $1.52, marking a significant turnaround in profitability.

Price Action
TTWO shares edged down 0.55% on the latest trading day but gained 1.69% over the past week, while declining 5.85% month-to-date.

Post Earnings Price Action Review
A strategy of buying TTWO shares following a quarterly revenue drop and holding for 30 days yielded strong returns, outperforming the benchmark with a 100.06% return over three years. The strategy demonstrated robust risk-adjusted performance, with a CAGR of 26.43%, a Sharpe ratio of 0.86, and a maximum drawdown of 0.00%.

CEO Commentary
Chairman and CEO Strauss Zelnick highlighted the company’s strong first-quarter performance and updated the full-year outlook to $6.05 to $6.15 billion in Net Bookings. The CEO expressed optimism about the product pipeline and shareholder returns over the long term.

Guidance
Take-Two raised its fiscal 2026 Net Bookings guidance to $6.05 to $6.15 billion. For Q2, the company expects GAAP net revenue of $1,500 to $1,600 million and non-GAAP EBITDA of $135 to $155 million. Full-year EBITDA guidance is set between $554 and $613 million, with a projected net loss per share of $2.40 to $2.05.

Additional News
On August 8, 2025, a news article titled “Take-Two Interactive Software, Inc. (TTWO) Q1 2026…” was published, but access to the page has been denied. No additional earnings metrics or company performance details are available in the referenced content.