Take-Two Interactive Software, Inc. reported fiscal second quarter 2027 net bookings of $1.60 billion on November 9, 2026, as the company prepares for the upcoming launch of Grand Theft Auto VI.
The company, according to a report from take2games.com/ir, saw total net bookings decrease 18% to $1.60 billion compared to $1.96 billion during the same period last year. Despite this quarterly decline, management is reiterating its full-year fiscal 2027 net bookings outlook of $8 billion to $8.2 billion.
Take-Two Interactive Software, Inc. Reports Results for Fiscal Second Quarter 2027.https://t.co/SdsJvIVcd6
Recurrent consumer spending, which includes virtual currency, in-game purchases, and advertising, accounted for 81% of total net bookings. This specific segment saw a 9% decrease during the second quarter.
The company identified several major contributors to its net bookings, including NBA 2K, the Grand Theft Auto series, Toon Blast™, Match Factory!™, Empires & Puzzles™, the Borderlands franchise, Words With Friends™, the Red Dead Redemption series, Color Block Jam™, WWE 2K, and Zynga Poker.
GAAP net revenue for the quarter was $1.50 billion. This represents a decrease from the $1.77 billion reported in the comparable period last year. Recurrent consumer spending accounted for 81% of total GAAP net revenue, following a 5% decrease.
| Metric | Fiscal Q2 2027 | Fiscal Q2 2026 |
|---|---|---|
| Total Net Bookings | $1.60 billion | $1.96 billion |
| GAAP Net Revenue | $1.50 billion | $1.77 billion |
| GAAP Net Loss | $54.0 million | $133.9 million |
| Net Loss Per Share | $0.29 | $0.73 |
Strauss Zelnick noted that the launch of Grand Theft Auto VI is ten days away. He stated that pre-orders are continuing to reach unprecedented levels and expressed confidence in delivering an historic year for the company.
“We are reiterating our outlook for Fiscal 2027 Net Bookings of $8 to $8.2 billion, and are confident in our ability to build on this incredible year as we release new hits, explore emerging business opportunities, expand our geographic footprint, and pursue accretive M&A,” Zelnick said.
The company aims to use these drivers to unlock greater earnings power and long-term shareholder value.
While net bookings fell, the company’s GAAP net loss narrowed. The loss was $54.0 million, or $0.29 per share, compared to a loss of $133.9 million, or $0.73 per share, in the previous year’s second quarter.
Management utilizes specific internal data to adjust GAAP and Non-GAAP results to better understand core business performance. These adjustments include factors such as stock-based compensation and the amortization of acquired intangibles.
Take-Two Interactive Software $TTWO Q2 2027 Earnings Summary – November 10, 2026 🔹 Financial Performance: Reported second-quarter net bookings of $1.60 billion (down 18% year-over-year and slightly missing consensus estimates of $1.66 billion) alongside GAAP net revenue of…
The company’s fiscal third quarter, ending December 31, 2026, will be the next major reporting milestone. Take-Two will provide selected data for this period to facilitate comparisons of operating performance.
The company’s current strategy relies heavily on its existing intellectual property, with the Grand Theft Auto and NBA 2K franchises remaining primary drivers of both revenue and recurrent consumer engagement.
