16 slides from Take-two Interactive Software's earnings presentation, Feb 3, 2026
Slide 1: Take-Two Interactive Software, Inc. Third Quarter Fiscal 2026 Results & Guidance Summary
TAKE-TWO INTERACTIVE SOFTWARE, INC. (NASDAQ: TTWO) THIRD 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: Q3 FY2026 Results Summary: GAAP
Q3 FY2026 RESULTS SUMMARY: GAAP FINANCIAL SUMMARY ($ in millions, except EPS) Q3 ACTUAL GUIDANCE GAAP Net Revenue $1,699 $1,570 TO $1,620 Operating Expenses $984 $980 TO $990 GAAP Net Loss $(93) $(90) TO $(65) GAAP EPS $(0.50) $(0.49) TO $(0.35) 3
Slide 4: Q3 FY2026 Results Summary: Select Management and Operating Results
Q3 FY2026 RESULTS SUMMARY: SELECT MANAGEMENT AND OPERATING RESULTS SELECT FINANCIAL DATA ($ in millions) • Our Q3 Net Bookings were significantly above our guidance range o Reflected better-than-expected performance from NBA 2K, the Q3 Grand Theft Auto series, and several mobile titles, including To
Slide 5: Net Revenue and Net Bookings
NET REVENUE AND NET BOOKINGS GAAP Net Revenue $ in Millions $6,550 - $6,600 $400 $5,634 $1,699 $5,350 $684 $202 $45 $237 79% of 77% of 79% of 80% of $1,360 Total Total Total Total $49 $5,112 $5,432 $1,311 $1,655 Q3 FY25 Q3 FY26 FY24 FY25 FY26E Recurrent Consumer Spending Physical & Other Digital Rec
Slide 6: Cash Flow
CASH FLOW Net Cash From Operating Activities $ in Millions $450 $389 $169 $180 $142 $115 $126 9 Months FY25 9 Months FY26 -$16 FY24 FY25 FY26E -$45 -$324 Net Cash From Operating Activities Capital Expenditures Net Cash From Operating Activities Capital Expenditures 6
Slide 7: FY 2026 Guidance: GAAP
FY 2026 GUIDANCE: GAAP FISCAL YEAR 2026 GUIDANCE ($ in millions, except EPS) FY 2026 REVISED GUIDANCE PRIOR GUIDANCE GAAP Net Revenue $6,550 TO $6,600 PRIOR: $6,380 TO $6,480 Operating Expenses $3,959 TO $3,969 PRIOR: $3,984 TO $4,004 GAAP Net Loss $(369) TO $(338) PRIOR: $(414) TO $(349) 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 $6,650 TO $6,700 PRIOR: $6,400 TO $6,500 Recurrent Consumer Spending Growth +17% YOY PRIOR: +11% YOY (RCS) Operat
Slide 9: Q4 FY2026 Guidance: GAAP
Q4 FY2026 GUIDANCE: GAAP Q4 FISCAL 2026 GUIDANCE ($ in millions, except EPS) Q4 FY26 GUIDANCE GAAP Net Revenue $1,573 TO $1,623 Operating Expenses $973 TO $983 GAAP Net Loss $(129) TO $(99) GAAP EPS $(0.70) TO $(0.54) 9
Slide 10: Q4 FY2026 Guidance: Select Financial Data
Q4 FY2026 GUIDANCE: SELECT FINANCIAL DATA Q4 FISCAL 2026 GUIDANCE ($ in millions, except EPS) Q4 FY2026 GUIDANCE ($ IN MILLIONS) Net Bookings $1,510 TO $1,560 Recurrent Consumer Spending Growth +7% YOY (RCS) • We expect to deliver Net Bookings of $1.51 billion to $1.56 billion • We project RCS to in
Slide 11: FY26-FY28 Pipeline Details
FY26-FY28 PIPELINE DETAILS * FY26-28 release estimates provided as of May 15, 2025. ** Mobile count only includes titles in our plans for worldwide launch and excludes hyper-casual games. These titles are a snapshot of our current development pipeline. It is likely that some of these titles will not
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