Take-Two Interactive Software, Inc.'s Stock Analysis

Take-Two Interactive Approves Stock Incentive Plan Amendments

On September 18, 2025, stockholders of Take-Two Interactive Software approved an amendment and restatement of the 2017 Stock Incentive Plan, which includes an increase of 5,200,000 shares reserved under the plan and an extension of its term to September 18, 2035. No other changes were made to the plan, and the full text of the amended plan is available in the company's proxy statement filed with the SEC.

During the same Annual Meeting, stockholders elected directors for a term expiring in 2026, approved the compensation of named executive officers on an advisory basis, and ratified Ernst & Young LLP as the independent auditors for the fiscal year ending March 31, 2026. A total of 162,145,195 shares of common stock were represented at the meeting out of 184,467,164 shares issued and outstanding.

Sep 19, 2025 16:30:18

Take-Two Interactive Announces Key Management and Development Updates

Effective September 10, 2025, Take-Two Interactive Software will utilize an Investor Presentation for shareholder communications. The presentation outlines the company's financial performance, reporting net revenue of $1.50 billion for Q1 FY2026, with 53% generated from mobile platforms. Recurrent consumer spending constituted 84% of net revenue, highlighting the company's reliance on virtual goods and add-on content. The firm is expected to launch a robust pipeline of new titles, including major franchises like Grand Theft Auto VI and NBA 2K26, which could significantly impact future revenue streams.

The company has emphasized its commitment to shareholder value through its development strategy and compensation plans. Take-Two's board of directors is diverse and experienced, with a focus on maintaining effective oversight. The company is also looking to increase its share reserve under the Stock Incentive Plan to better attract and retain talent, crucial for executing its ambitious development pipeline. The board recommends shareholder approval for key proposals at the upcoming annual meeting, including the election of directors and amendments to the stock incentive plan.

Sep 10, 2025 16:36:48

Take-Two Interactive Launches New Deferred Compensation Plan

Take-Two Interactive Software has approved a new nonqualified deferred compensation plan for key employees, including named executive officers, effective September 1, 2025. This plan, designed as a 'top-hat' arrangement, allows eligible U.S.-based employees and directors to defer a portion of their salaries and bonuses, with participants fully vested in their accounts at all times. The company will not provide matching contributions but may make discretionary contributions at its discretion.

The plan is structured to comply with ERISA and the Internal Revenue Code, and the company's obligations under the plan will be general unsecured obligations. Payments will align with participant elections, with a six-month delay for specified employees upon separation from service. The company retains the discretion to terminate or modify the plan without retroactive effects on accrued amounts.

Sep 05, 2025 16:35:26

Take-Two Interactive Reports Strong Q1 Results and Outlook

Take-Two Interactive Software, Inc. reported financial results for its first fiscal quarter ended June 30, 2025, with Net Bookings reaching $1.42 billion, a 17% increase compared to the same period last year. The company attributed this growth to strong performance from key franchises such as NBA 2K25 and Grand Theft Auto. GAAP net revenue also increased to $1.50 billion, while the net loss decreased significantly to $11.9 million from $262 million in the prior year. The company now expects Net Bookings for fiscal year 2026 to range between $6.05 to $6.15 billion, reflecting a positive outlook based on the strong start to the fiscal year.

The company highlighted that recurrent consumer spending accounted for a significant portion of its Net Bookings, emphasizing ongoing demand for its gaming titles. Take-Two's CEO noted confidence in the company's future, supported by a robust pipeline of upcoming releases. The financial results were accompanied by a call for investors to discuss these developments further. The company continues to focus on delivering engaging experiences across various platforms while managing its operational performance effectively.

Aug 07, 2025 16:24:58

Take-Two Interactive Announces Public Offering of Common Stock

Take-Two Interactive Software, Inc. has announced the pricing of a public offering of 4,750,000 shares of its common stock at $225.00 per share. The company will sell all shares in this offering and has granted underwriters a 30-day option to purchase an additional 712,500 shares. The expected net proceeds from the offering are approximately $1.04 billion, intended for general corporate purposes, including potential debt repayment and future acquisitions. If the underwriters fully exercise their option, the net proceeds could rise to approximately $1.19 billion.

The offering is expected to close on May 22, 2025, subject to customary closing conditions. J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are the lead bookrunning managers for the offering, with Wells Fargo Securities, BofA Securities, and BNP Paribas acting as joint bookrunning managers. The offering is made pursuant to Take-Two’s effective shelf registration statement filed with the SEC on February 7, 2025. Investors are encouraged to read the prospectus and related documents for more information about the offering.

May 22, 2025 16:15:10

Take-Two Interactive Reports Q4 and FY 2025 Financial Results

Take-Two Interactive Software, Inc. announced its financial results for the fourth quarter and fiscal year 2025, revealing total net bookings of $1.58 billion for Q4, a 17% increase compared to the previous year. The company's fiscal year 2025 net bookings reached $5.65 billion, up 6% from the prior year. However, the company reported a significant GAAP net loss of $3.73 billion for Q4 and $4.48 billion for the full fiscal year, which included substantial impairment charges related to goodwill and acquisition-related intangible assets.

Looking ahead, Take-Two provided an initial outlook for fiscal year 2026, projecting net bookings between $5.9 billion and $6.0 billion. The company anticipates a GAAP net loss of approximately $499 million to $439 million for the fiscal year, with a net loss per share expected to range from $2.79 to $2.45. The first quarter of fiscal 2026 is expected to generate net bookings between $1.25 billion and $1.3 billion, with a GAAP net loss projected between $139 million and $115 million.

May 15, 2025 16:09:08

Take-Two Announces Grand Theft Auto VI Release Date and Growth Plans

Take-Two Interactive Software, Inc. has reiterated its expectations for sequential increases and record levels of Net Bookings in Fiscal Years 2026 and 2027. The company also announced that Rockstar Games will release Grand Theft Auto VI on May 26, 2026, later than the previously expected Fall 2025 date. The CEO emphasized the commitment to quality and the anticipation surrounding the game.

The company plans to report its fourth quarter and Fiscal 2025 results on May 15, 2025, and will hold a conference call to discuss these results. Investors can access the call via telephone or through a live webcast. Take-Two is known for its development and publishing of interactive entertainment products, including titles from its subsidiaries Rockstar Games, 2K, and Zynga.

May 02, 2025 07:34:20

$1.37 Billion Net Bookings Reported by Take-Two Interactive

Take-Two Interactive Software, Inc. reported net bookings of $1.37 billion for the fiscal third quarter of 2025, which is a 3% increase compared to the previous year. The company's performance was bolstered by strong sales of NBA 2K, which helped offset declines in some mobile franchises. The company also reiterated its full-year net bookings guidance of $5.55 to $5.65 billion, indicating confidence in its upcoming game releases, including titles from popular franchises like Grand Theft Auto and Borderlands.

However, Take-Two also faced challenges, reporting a GAAP net loss of $125.2 million, up from a loss of $91.6 million in the same quarter last year. This loss translates to $0.71 per share, reflecting increased operating expenses and a shift in the timing of certain costs. Despite the growth in net bookings and recurrent consumer spending, the company's overall financial results indicate ongoing struggles in profitability, particularly in the mobile gaming sector.

Feb 06, 2025 16:11:34

Take-Two Reports $1.47 Billion in Net Bookings

Take-Two Interactive Software, Inc. reported net bookings of $1.47 billion for the fiscal second quarter of 2025, reflecting a 2% increase compared to the same period last year. The success of popular franchises such as Grand Theft Auto and Borderlands was highlighted as key contributors to this performance. Additionally, recurrent consumer spending rose by 6%, making up 81% of total net bookings, which indicates strong engagement with their products. The company reiterated its fiscal year 2025 net bookings guidance of $5.55 to $5.65 billion, suggesting confidence in ongoing revenue generation.

On the downside, Take-Two experienced a GAAP net loss of $365.5 million, a significant improvement compared to the $543.6 million loss reported in the previous year. Despite this improvement, the company continues to face challenges, including high operating expenses totaling $1.025 billion, which outpaced revenue growth. The ongoing losses and high costs may raise concerns among investors about the company's financial health and its ability to achieve profitability in the near term.

Nov 06, 2024 16:15:50

Take-Two Interactive Reports Mixed Results for Q1 2025

Take-Two Interactive reported $1.22 billion in net bookings for Q1 2025, meeting expectations, and maintained its annual outlook of $5.55 to $5.65 billion. However, the company faced a net loss of $262 million, worsening from last year's loss. Despite these challenges, management expressed optimism about future growth, citing strong game franchises and ambitious development plans.

Aug 08, 2024 16:15:55