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Mar 31, 2021

Take-Two Q4 2021 Earnings Report

Take-Two reported strong results for the fiscal fourth quarter and fiscal year 2021.

Key Takeaways

Take-Two Interactive Software, Inc. reported strong results for its fourth quarter and fiscal year 2021. GAAP net revenue grew 10% to $839.4 million, and GAAP net income grew 78% to $218.8 million, or $1.88 per diluted share.

GAAP net revenue grew 10% to $839.4 million.

Recurrent consumer spending increased 38% and accounted for 67% of total GAAP net revenue.

GAAP net income grew 78% to $218.8 million, or $1.88 per diluted share.

Total Net Bookings grew 8% to $784.5 million.

Total Revenue
$785M
Previous year: $729M
+7.6%
EPS
$1.4
Previous year: $1.5
-6.7%
Gross Profit
$560M
Previous year: $365M
+53.4%
Cash and Equivalents
$1.42B
Previous year: $2B
-28.9%
Free Cash Flow
$95.9M
Previous year: $227M
-57.8%
Total Assets
$6.03B
Previous year: $4.95B
+21.8%

Take-Two

Take-Two

Forward Guidance

Take-Two is providing its initial outlook for its fiscal year ending March 31, 2022 and its fiscal first quarter ending June 30, 2021.