16 slides from Take-two Interactive Software's earnings presentation, Aug 7, 2026
Slide 1: First Quarter Fiscal 2027 Results & Guidance Summary
TAKE-TWO INTERACTIVE SOFTWARE, INC. (NASDAQ: TTWO) FIRST QUARTER FISCAL 2027 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 FY2027 Results Summary: GAAP
Q1 FY2027 RESULTS SUMMARY: GAAP FINANCIAL SUMMARY ($ in millions, except EPS) Q1 ACTUAL GUIDANCE GAAP Net Revenue $1,534 $1,450 TO $1,500 Operating Expenses $918 $926 TO $936 GAAP Net Loss $(34) $(42) TO $(27) GAAP EPS $(0.18) $(0.23) TO $(0.15) 3
Slide 4: Q1 FY2027 Results Summary: Select Management and Operating Results
Q1 FY2027 RESULTS SUMMARY: SELECT MANAGEMENT AND OPERATING RESULTS SELECT FINANCIAL DATA ($ in millions) • Our Q1 Net Bookings were slightly above our guidance range Q1 o This primarily reflected better-than-expected performance from NBA 2K and the Grand Theft Auto series ACTUAL GUIDANCE • RCS decli
Slide 5: Net Revenue and Net Bookings
NET REVENUE AND NET BOOKINGS GAAP Net Revenue $ in Millions $400 $7,900 - $8,100 $1,534 $684 $1,504 84% of 84% of $27 $6,656 $27 Total Total $5,634 78% of $197 79% of $202 Total $1,477 Total $6,460 $1,507 $5,432 Q1 FY26 Q1 FY27 FY25 FY26 FY27E Recurrent Consumer Spending Physical & Other Digital Rec
Slide 6: Cash Flow
CASH FLOW Net Cash From Operating Activities $ in Millions $1,000 $624 $290 $169 $163 $25 $25 -$45 3 Months FY26 3 Months FY27 -$45 FY25 FY26 FY27E -$169 Net Cash From Operating Activities Capital Expenditures Net Cash From Operating Activities Capital Expenditures 6
Slide 7: FY 2027 Guidance: GAAP
FY 2027 GUIDANCE: GAAP FISCAL YEAR 2027 GUIDANCE ($ in millions, except EPS) FY 2027 REVISED GUIDANCE PRIOR GUIDANCE GAAP Net Revenue $7,900 TO $8,100 NO CHANGE Operating Expenses $4,150 TO $4,170 $4,180 TO $4,200 GAAP Net Income $104 TO $143 $105 TO $141 GAAP EPS $0.55 TO $0.75 NO CHANGE 7
Slide 8: FY 2027 Guidance: Select Financial Data
FY 2027 GUIDANCE: SELECT FINANCIAL DATA FISCAL YEAR 2027 GUIDANCE ($ 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 $
Slide 9: Q2 FY2027 Guidance: GAAP
Q2 FY2027 GUIDANCE: GAAP Q2 FISCAL 2027 GUIDANCE ($ in millions, except EPS) Q2 FY27 GUIDANCE GAAP Net Revenue $1,420 TO $1,470 Operating Expenses $1,009 TO $1,019 GAAP Net Loss $(157) TO $(140) GAAP EPS $(0.84) TO $(0.75) 9
Slide 10: Q2 FY2027 Guidance: Select Financial Data
Q2 FY2027 GUIDANCE: SELECT FINANCIAL DATA Q2 FISCAL 2027 GUIDANCE ($ in millions, except EPS) Q2 FY2027 GUIDANCE ($ IN MILLIONS) Net Bookings $1,620 TO $1,670 Recurrent Consumer Spending Growth -5% YOY (RCS) • We expect to deliver Net Bookings of $1.62 billion to $1.67 billion • Our release slate fo
Slide 11: FY27-FY29 Pipeline Details
FY27-FY29 PIPELINE DETAILS * FY27-29 release estimates provided as of May 21, 2026. ** Several changes have been made from the prior count provided in May 2025: 1) New title categories are provided on Slide 27; 2) in the interest of precision, we are now only counting mobile games in our pipeline th
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
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