Take-Two Interactive Software, Inc. · NASDAQ:TTWO

Take-Two Interactive Software — Q2 FY2027 Earnings Presentation

16 slides from Take-Two Interactive Software's earnings presentation, November 2026

  1. Slide 1: Second Quarter Fiscal 2027 Results & Guidance Summary

    TAKE-TWO INTERACTIVE SOFTWARE, INC. (NASDAQ: TTWO) SECOND QUARTER FISCAL 2027 RESULTS & GUIDANCE SUMMARY

  2. 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

  3. Slide 3: Q2 FY2027 Results Summary: GAAP

    Q2 FY2027 RESULTS SUMMARY: GAAP FINANCIAL SUMMARY ($ in millions, except EPS) Q2 ACTUAL GUIDANCE GAAP Net Revenue $1,497 $1,420 TO $1,470 Operating Expenses $978 $1,009 TO $1,019 GAAP Net Loss $(54) $(157) TO $(140) GAAP EPS $(0.29) $(0.84) TO $(0.75) 3

  4. Slide 4: Q2 FY2027 Results Summary: Select Management and Operating Results

    Q2 FY2027 RESULTS SUMMARY: SELECT MANAGEMENT AND OPERATING RESULTS SELECT FINANCIAL DATA ($ in millions) • Our Q2 Net Bookings were slightly below our guidance range: Q2 o NBA 2K27 had a successful launch and delivered the 2nd highest Net Bookings performance in the history of the series, but it was

  5. Slide 5: Net Revenue and Net Bookings

    NET REVENUE AND NET BOOKINGS GAAP Net Revenue $ in Millions $400 $7,980 - $8,180 $1,774 $684 $81 $6,656 $1,497 72% of $5,634 78% of $197 81% of $38 Total Total Total 79% of $202 $1,693 Total $6,460 $5,432 $1,459 Q2 FY26 Q2 FY27 FY25 FY26 FY27E Recurrent Consumer Spending Physical & Other Digital Rec

  6. Slide 6: Cash Flow

    CASH FLOW Net Cash From Operating Activities $ in Millions $1,000 $624 $290 $163 $169 $163 $57 $84 6 Months FY26 6 Months FY27 -$45 FY25 FY26 FY27E -$174 Net Cash From Operating Activities Capital Expenditures Net Cash From Operating Activities Capital Expenditures

  7. Slide 7: FY 2027 Guidance: GAAP

    FY 2027 GUIDANCE: GAAP FISCAL YEAR 2027 GUIDANCE ($ in millions, except EPS) FY 2027 REVISED GUIDANCE PRIOR GUIDANCE GAAP Net Revenue $7,980 TO $8,180 $7,900 TO $8,100 Operating Expenses $4,078 TO $4,098 $4,150 TO $4,170 GAAP Net Income $109 TO $142 $104 TO $143 GAAP EPS $0.57 TO $0.75 $0.55 TO $0.7

  8. Slide 8: FY 2027 Guidance: Select Financial Data

    FY 2027 GUIDANCE: SELECT FINANCIAL DATA FISCAL YEAR 2027 GUIDANCE ($ in millions, except EPS) FY 2027 FY 2027 CURRENT GUIDANCE PRIOR GUIDANCE ($ IN MILLIONS) ($ IN MILLIONS) Net Bookings $8,000 TO $8,200 NO CHANGE Recurrent Consumer Spending Growth FLAT YOY NO CHANGE (RCS) Operating Cash Flow OVER $

  9. Slide 9: Q3 FY2027 Guidance: GAAP

    Q3 FY2027 GUIDANCE: GAAP Q3 FISCAL 2027 GUIDANCE ($ in millions, except EPS) Q3 FY27 GUIDANCE GAAP Net Revenue $3,270 TO $3,420 Operating Expenses $1,162 TO $1,182 GAAP Net Loss $250 TO $276 GAAP EPS $1.30 TO $1.44 9

  10. Slide 10: Q3 FY2027 Guidance: Select Financial Data

    Q3 FY2027 GUIDANCE: SELECT FINANCIAL DATA Q3 FISCAL 2027 GUIDANCE ($ in millions, except EPS) Q3 FY2027 GUIDANCE ($ IN MILLIONS) Net Bookings $3,350 TO $3,500 Recurrent Consumer Spending Growth +12% YOY (RCS) • We expect to deliver Net Bookings of $3.35 billion to $3.5 billion, driven by the groundb

  11. Slide 11: Investing in the Strongest Development Pipeline in the Company's History

    INVESTING IN THE STRONGEST DEVELOPMENT PIPELINE IN THE COMPANY’S HISTORY TITLES ANNOUNCED TO-DATE FY 2027 - FY 2029* ● CSR 3 (Zynga) - TBA 3 ● Top Goal (Zynga) - TBA Mobile * FY27-29 release estimates provided as of May 21, 2026. ** Several changes have been made from the prior count provided in May

  12. Slide 12: Pipeline Definitions

    PIPELINE DEFINITIONS MOBILE Any title released on a mobile platform. In the interest of precision, we are now only counting mobile games in our pipeline that have been specifically scheduled for worldwide launch within the three-year window. Excludes hyper-casual games. SPORTS All sports titles. COR

  13. 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

  14. 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

  15. 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

  16. Slide 16: Thank You

    THANK YOU TAKE-TWO INTERACTIVE

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