Take-Two Interactive, the parent company behind the iconic Grand Theft Auto franchise, has reported a notable four percent increase in its net income, reflecting a robust performance in the gaming industry. For the quarter ending September 30th, the company generated an impressive .35 billion in revenue, while net bookings reached .47 billion, marking a two percent rise compared to the previous year.
Financial Highlights
A significant portion of Take-Two’s net bookings—81 percent—stemmed from recurrent consumer spending, which saw a healthy six percent year-on-year growth. In a positive turn, the company also reported a reduction in its net loss, which fell by 39 percent to 5.5 million.
CEO and Chair Strauss Zelnick expressed confidence in the company’s trajectory, stating, “Our execution has been consistent, and our teams continue to make great progress advancing our development pipeline.” He reiterated the fiscal year 2025 Net Bookings guidance, projecting a range of .55 to .65 billion, and expressed optimism about achieving sequential increases and record levels of Net Bookings in the upcoming fiscal years 2026 and 2027.
Future Prospects
Looking ahead, Zelnick emphasized Take-Two’s strong positioning for long-term success. “Our vision is clear, our talent is unparalleled, and we have one of the strongest portfolios of owned intellectual property in our industry,” he noted. The company is gearing up for an exciting lineup of new titles in Fiscal 2026, including the highly anticipated Grand Theft Auto VI, Borderlands 4, and Mafia: The Old Country, all of which are expected to contribute significantly to shareholder value.
