Take-Two’s revenue rose 31.1% to $1.77 billion in the quarter to Sep 30, 2025, and its net loss fell to $133.9 million

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Take-Two Interactive reported revenue of $1.77 billion for the quarter from Jul 1 to Sep 30, 2025, up 31.1% from $1.35 billion in the same quarter a year earlier. In the quarter before, to Jun 30, 2025, revenue was $1.5 billion. Its operating loss was $98 million, against $297.2 million a year earlier, and its net loss was $133.9 million, or $0.73 a share, against $365.5 million, or $2.08 a share. The company called this its fiscal second quarter of 2026, announced the results in an earnings release on Nov 6, 2025, and filed its 10-Q, the quarterly report that US public companies file with the Securities and Exchange Commission, on Nov 7, 2025.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12

Take-Two said the revenue increase was driven mainly by its Borderlands franchise, whose latest game, Borderlands 4, came out in September 2025, and by the NBA 2K franchise. Color Block Jam, released in November 2024, and the Mafia franchise, whose latest game, Mafia: The Old Country, came out in August 2025, were the others it named. Console revenue rose 46.6% to $720 million from $491.1 million, which the company tied to NBA 2K, Borderlands and Mafia, and PC and other revenue rose 90.6% to $232.2 million on Borderlands, Mafia and NBA 2K. Mobile revenue was $821.6 million, up 11.0%, and made up 46.3% of the total against 54.7% a year earlier; the company named Color Block Jam as the driver.13^,14^,15^,16^,17^,18^,19^,20^,21^,22^,23^,24

Gross profit was 55.3% of revenue, against 53.8% a year earlier, which the company attributed to lower amortization of intangible assets and lower product costs, partly offset by higher amortization of capitalized software and development costs tied to the timing of releases. Selling and marketing expenses rose 16.3%, which it tied to higher marketing for Borderlands and Color Block Jam.25^,26^,27^,28

Net bookings is Take-Two’s own operating metric, defined as the net amount of products and services sold digitally or physically in the period. It grew 33% to $1.96 billion, against $1.47 billion a year earlier, and came in above the company’s guidance range. In the release, Take-Two raised its net bookings outlook for fiscal year 2026 to between $6.4 and $6.5 billion, a forecast made on Nov 6, 2025. The release’s headline gave the release date of Grand Theft Auto VI as Nov 19, 2026, a date the 10-Q described as Rockstar’s plan. Chairman and chief executive Strauss Zelnick credited momentum in mobile and NBA 2K, and said the company expected to reach record net bookings in fiscal 2027.29^,30^,31^,32^,33^,11^,34^,35^,36^,37

Our records hold the text of the 10-Q’s management discussion (38 subsections) and nothing else of the filing, so the notes to its accounts are not covered here. Our records keep one value for each period of an SEC filer, the latest filed, so they cannot tell whether the 10-Q’s year-earlier figures were restated.38^,39