Take-Two (TTWO) Q1 2026 Earnings Call Transcript | The Motley Fool
Briefly

Net bookings for the fiscal first quarter ending June 30, 2025, were $1.42 billion, surpassing the projected range of $1.25 billion to $1.3 billion. Guidance for full-year net bookings was raised to between $6.05 billion and $6.15 billion for fiscal 2026, indicating an 8% midpoint growth. Recurrent consumer spending increased by 17%, making up 83% of net bookings. NBA 2K25 sold over 11.5 million units and saw significant user engagement. GTA V sold over 215 million units, and new accounts for GTA Online rose over 50%. Mobile market showed substantial growth as well.
Net bookings reached $1.42 billion for the fiscal first quarter ended June 30, 2025, surpassing the guidance of $1.25 billion to $1.3 billion, driven by mobile titles and popular franchises.
The full-year net bookings guidance has been raised to $6.05 billion to $6.15 billion for fiscal 2026, indicating an 8% growth, primarily due to a strong first quarter.
Recurrent consumer spending rose 17% for the fiscal first quarter, exceeding the initial growth forecast of 7%, contributing to 83% of total net bookings.
GTA V has sold over 215 million units to date, with new player accounts for GTA Online increasing by more than 50% year over year.
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