Outstanding Results Despite Loss in the Billions
– 1 min read
Take-Two Interactive is satisfied with the figures, even though depreciation and amortisation pushed the result into the red by billions. The financial outlook is good, although the top release GTA VI has been postponed from the current financial year.
Take-Two Interactive has presented its figures for the financial year ending March, which appear confusing at first glance. Thanks to impairments in the billions, the result is deep in the red. In fact, Take-Two Interactive reported a pre-tax loss of 4.49 billion US dollars on its balance sheet. Revenue for the reporting period amounted to 5.63 billion US dollars. In the previous year, it was 5.35 billion US dollars.
The management is emphatically relaxed, also because the outlook for the current financial year continues to assume an increase in sales, although the expected mega-blockbuster GTA VI has been postponed to the 2026/2027 financial year. "We achieved outstanding results in our 2025 Fiscal Year, with each of our labels contributing meaningfully to our performance. Our Fiscal 2026 outlook reflects continuing positive momentum, with Net Bookings guidance of 5.9 to 6.0 billion dollar. As we bring our exciting lineup to market, including Grand Theft Auto VI in Fiscal 2027, we expect to achieve record levels of Net Bookings that will establish a new baseline for our business and set us on a path of enhanced profitability," said Strauss Zelnick, Chairman and CEO for Take-Two Interactive Software
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Written by
Stephan is Editor in Chief
