16 slides from Take-two Interactive Software's earnings presentation, Aug 7, 2025
Slide 1: Take-Two Interactive Software, Inc. First Quarter Fiscal 2026 Results & Guidance Summary
TAKE-TWO INTERACTIVE SOFTWARE, INC. (NASDAQ: TTWO) FIRST QUARTER FISCAL 2026 RESULTS & GUIDANCE SUMMARY
Slide 2: Cautionary Note: Forward Looking Statements
CAUTIONARY NOTE: FORWARD LOOKING STATEMENTS The statements contained herein, which are not historical facts, including statements relating to Take-Two Interactive Software, Inc.'s ("Take-Two," the "Company," "we," "us," or similar pronouns) outlook, are considered forward-looking statements under fe
Slide 3: Q1 FY2026 Results Summary: GAAP
Q1 FY2026 RESULTS SUMMARY: GAAP FINANCIAL SUMMARY ($ in millions, except EPS) Q1 ACTUAL GUIDANCE GAAP Net Revenue $1,504 $1,350 TO $1,400 Operating Expenses $923 $908 TO $918 GAAP Net Loss $(12) $(139) TO $(115) GAAP EPS $(0.07) $(0.78) TO $(0.65) 3
Slide 4: Q1 FY2026 Results Summary: Select Management and Operating Results
Q1 FY2026 RESULTS SUMMARY: SELECT MANAGEMENT AND OPERATING RESULTS SELECT FINANCIAL DATA ($ in millions) • Our Q1 Net Bookings were significantly above our guidance range o We delivered better-than-expected performance from several mobile titles, including Toon Blast, Match Factory, NBA All-Star and
Slide 5: Net Revenue and Net Bookings
NET REVENUE AND NET BOOKINGS GAAP Net Revenue $ in Millions $400 $6,100 - $6,200 $5,634 $5,350 $684 $1,504 $202 $237 79% of $1,338 84% of 79% of 82% of Total $27 Total Total Total $43 $5,112 $5,432 $1,295 $1,477 Q1 FY25 Q1 FY26 FY24 FY25 FY26E Recurrent Consumer Spending Physical & Other Digital Rec
Slide 6: Cash Flow
CASH FLOW Net Cash From Operating Activities $ in Millions $169 $142 $140 $130 $35 $25 3 Months FY25 3 Months FY26 -$16 FY24 FY25 FY26E -$45 -$45 -$191 Net Cash From Operating Activities Capital Expenditures Net Cash From Operating Activities Capital Expenditures 6
Slide 7: FY 2026 Guidance: GAAP
FY 2026 GUIDANCE: GAAP FISCAL YEAR 2026 GUIDANCE ($ in millions, except EPS) FY 2026 REVISED GUIDANCE PRIOR GUIDANCE GAAP Net Revenue $6,100 TO $6,200 PRIOR: $5,950 TO $6,050 Operating Expenses $3,840 TO $3,860 PRIOR: $3,780 TO $3,800 GAAP Net Loss $(442) TO $(377) PRIOR: $(499) TO $(439) GAAP EPS $
Slide 8: FY 2026 Guidance: Select Financial Data
FY 2026 GUIDANCE: SELECT FINANCIAL DATA FISCAL YEAR 2026 GUIDANCE ($ in millions, except EPS) FY 2026 FY 2026 CURRENT GUIDANCE PRIOR GUIDANCE ($ IN MILLIONS) ($ IN MILLIONS) Net Bookings $6,050 TO $6,150 PRIOR: $5,900-$6,000 Recurrent Consumer Spending Growth +4% YOY PRIOR: FLAT (RCS) Operating Cash
Slide 9: Q2 FY2026 Guidance: GAAP
Q2 FY2026 GUIDANCE: GAAP Q2 FISCAL 2026 GUIDANCE ($ in millions, except EPS) Q2 FY26 GUIDANCE GAAP Net Revenue $1,650 TO $1,700 Operating Expenses $1,020 TO $1,030 GAAP Net Loss $(136) TO $(110) GAAP EPS $(0.75) TO $(0.60) 9
Slide 10: Q2 FY2026 Guidance: Select Financial Data
Q2 FY2026 GUIDANCE: SELECT FINANCIAL DATA Q2 FISCAL 2026 GUIDANCE ($ in millions, except EPS) Q2 FY2026 GUIDANCE ($ IN MILLIONS) Net Bookings $1,700 TO $1,750 Recurrent Consumer Spending Growth +1% YOY (RCS) • We expect to deliver Net Bookings of $1.7 billion to $1.75 billion • Our release slate for
Slide 11: FY26-FY28 Pipeline Details
FY26-FY28 PIPELINE DETAILS 11
Slide 12: Pipeline Definitions
PIPELINE DEFINITIONS IMMERSIVE CORE Titles that have the deepest gameplay and the most hours of content. Examples include our key sports franchises (like PGA 2K and NBA 2K) as well as Grand Theft Auto and Red Dead Redemption (to name a few). MOBILE Any title released on a mobile platform. Our title
Slide 13: Non-GAAP Financial Measure
NON-GAAP FINANCIAL MEASURE In addition to reporting financial results in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses a Non-GAAP measure of financial performance: EBITDA, which is defined as GAAP net income (loss) excluding interest income (expense), provisi
Slide 14: Reconciliation of GAAP to Non-GAAP Measure
RECONCILIATION OF GAAP TO NON-GAAP MEASURE TAKE-TWO INTERACTIVE SOFTWARE, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP MEASURE (in millions) 14
Slide 15: Reconciliation of GAAP to Non-GAAP Measure
RECONCILIATION OF GAAP TO NON-GAAP MEASURE TAKE-TWO INTERACTIVE SOFTWARE, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP MEASURE (in millions) 15
Slide 16: Thank You
THANK YOU TAKE-TWO INTERACTIVE