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Jun 30, 2024

Take-Two Q1 2025 Earnings Report

Take-Two achieved solid first quarter results driven by player engagement and efficiency focus.

Key Takeaways

Take-Two Interactive reported a 1% increase in Net Bookings to $1.22 billion and a 4% increase in GAAP net revenue to $1.34 billion for the first quarter of fiscal year 2025. The company sustained recurrent consumer spending, which accounted for a significant portion of both Net Bookings and GAAP net revenue. However, the company experienced a GAAP net loss of $262.0 million, or $1.52 per share, compared to a loss of $206.0 million, or $1.22 per share, in the same period last year. The company reiterates Net Bookings outlook for the year of $5.55 to $5.65 billion.

Total Net Bookings grew 1% to $1.22 billion.

GAAP net revenue increased 4% to $1.34 billion.

GAAP net loss was $262.0 million, or $1.52 per share.

Company reiterates Net Bookings outlook for the year of $5.55 to $5.65 billion.

Total Revenue
$1.34B
Previous year: $1.2B
+11.3%
EPS
$0.05
Previous year: $0.27
-81.5%
Net Bookings
$1.22B
Previous year: $1.2B
+1.7%
Gross Profit
$726M
Previous year: $679M
+6.9%
Cash and Equivalents
$1.08B
Previous year: $776M
+39.4%
Free Cash Flow
-$226M
Previous year: -$26.5M
+753.2%
Total Assets
$12.9B
Previous year: $15.5B
-16.6%

Take-Two

Take-Two

Take-Two Revenue by Segment

Forward Guidance

Take-Two is revising its outlook for the fiscal year ending March 31, 2025 and providing its initial outlook for its fiscal second quarter ending September 30, 2024.