Take-Two's revenue fell 15.6% to $1.5 billion in the September quarter, with a $54 million net loss

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 $1.5 billion for the quarter from Jul 1, 2026 to Sep 30, 2026, in a Form 10-Q (the quarterly report a US-listed company files with the SEC) filed on Nov 9, 2026. Revenue, the money the company took in from selling its games, was down 15.6% from $1.77 billion in the same quarter a year earlier. Operating income, what is left after the costs of running the business, was a loss of $117.5 million, against an operating loss of $98 million a year earlier. Net income, what is left after interest, tax and everything else, was a loss of $54 million, against a net loss of $133.9 million a year earlier; the loss was $0.29 a share, against $0.73.1^,2^,3^,4^,5^,6^,7^,8^,9^,10

The filing splits revenue into platform lines, and the company says its products are designed for console gaming systems, mobile (smartphones and tablets) and personal computers. The table beside this paragraph shows how the quarter's revenue split across the platform lines.11^,1

Mobile was the largest line at $731.1 million, 48.8% of the filing's total revenue, and fell 11.0% on the year. The company's discussion says the fall in mobile was primarily driven by lower revenue from Color Block Jam, NBA 2K and Toy Blast, among others. Console was $615.4 million, 41.1% of the filing's total revenue, down 14.5%, and the discussion says the decrease was primarily driven by lower revenue from the Borderlands and Mafia franchises. The company ties those franchises to Borderlands 4, released in September 2025, and Mafia: The Old Country, released in August 2025. PC and other, the line the filing's table labels P C And Other Products, fell furthest: down 35.2% to $150.5 million, 10.1% of the filing's total revenue, again primarily on lower revenue from Borderlands and Mafia. In its passage on digital online channels, the discussion says higher revenue from the Grand Theft Auto series partially offset the decrease there.12^,13^,14^,15^,16^,17^,18^,19^,20^,21^,22^,23^,24^,25^,26

By region, the United States brought in $888.9 million, 59.4% of the filing's total revenue, down 14.2%, and international markets $608.1 million, 40.6%, down 17.6%. The company says the revenue it earns outside the United States is principally generated by its operations in Europe, Asia, Australia, Canada and Latin America. The management discussion we hold gives no cause for the difference between the regions' moves.27^,28^,29^,30^,31^,32^,33^,34

The operating loss came to 7.8 cents of each dollar of revenue and the net loss to 3.6 cents. A year earlier the operating loss was 5.5 cents of each dollar of revenue and the net loss 7.5 cents. Items below operating income account for the net loss being smaller than the operating loss. Interest and other, net, was income, against an expense a year earlier, which the company says was primarily driven by lower interest expense after it repaid notes in April 2025 and March 2026 and by changes in the fair value of long-term investments, partly offset by higher foreign currency losses. The company also recorded a benefit from income taxes, against a provision for income taxes a year earlier.35^,36^,37^,38^,39^,40^,41

The filing says Rockstar Games will release Grand Theft Auto VI on Nov 19, 2026. In its earnings release, the company gave Net Bookings, a measure it defines itself (the amount of products and services sold in the period, not a GAAP revenue figure), of $1.60 billion for the quarter. That release also said the company was reiterating, at the time, its expectation for fiscal year 2027 Net Bookings of $8.0 to $8.2 billion.42^,43^,44^,45

Our records hold revenue, operating income, net income and diluted earnings per share for this quarter; other measures a company reports are in our records only where the filing's text we hold gives them. We hold the filing's management discussion and its notes to the financial statements, not its other exhibits.46^,34