Q1 26 EPS
$-0.07
MISS 125.93%
Est. $0.27
Q1 26 Revenue
$1.50B
BEAT +14.49%
Est. $1.31B
vs S&P Since Q1 26
-15.9%
TRAILING MARKET
TTWO +2.6% vs S&P +18.5%
Market Reaction
Did TTWO Beat Earnings? Q1 2026 Results
Take-Two Interactive delivered a decisive beat in fiscal Q1 2026, reporting a loss of just $0.07 per share against a consensus estimate of $-0.72, a 90.24% positive surprise, while revenue climbed 12.4% year-over-year to $1.50 billion, topping the $1… Read more Take-Two Interactive delivered a decisive beat in fiscal Q1 2026, reporting a loss of just $0.07 per share against a consensus estimate of $-0.72, a 90.24% positive surprise, while revenue climbed 12.4% year-over-year to $1.50 billion, topping the $1.31 billion estimate by 14.49%. The standout driver was the company's live services engine: recurrent consumer spending, spanning virtual currency, add-on content, and in-game purchases, grew 17% and accounted for 83% of total Net Bookings, which themselves rose 17% to $1.42 billion. EBITDA surged to $225.50 million from $24.90 million a year earlier, reflecting sharply improved operating leverage and the absence of restructuring charges that weighed on the prior-year period. Management responded by raising full-year fiscal 2026 Net Bookings guidance to $6.05–$6.15 billion, with the May 2026 launch of Grand Theft Auto VI looming as the defining catalyst, a release that could prove pivotal for the stock's longer-term trajectory. Shares hit an all-time high of $261.87 following the results.
Key Takeaways
- • 17% growth in Net Bookings driven by core franchise demand
- • Recurrent consumer spending grew 17% and accounted for 83% of Net Bookings
- • Strong performance from NBA 2K25, Grand Theft Auto V and GTA Online, and Zynga mobile titles
- • Increasingly diversified business across console, PC, and mobile platforms
TTWO YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
TTWO Revenue by Segment
With YoY comparisons, source: SEC Filings
TTWO Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our outstanding first quarter results reflect ongoing demand for our core franchises and the increasingly diversified, successful nature of our business. We are raising our Fiscal Year 2026 Net Bookings outlook to $6.05 to $6.15 billion as a result of our strong start to the fiscal year. As we approach the release of the most ambitious pipeline in our company's history, we have exceptional confidence in our multi-year outlook and our ability to deliver meaningful shareholder returns.”
— Strauss Zelnick, Q1 2026 Earnings Press Release
TTWO Earnings Trends
TTWO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TTWO EPS Trend
Earnings per share: estimate vs actual
TTWO Revenue Trend
Quarterly revenue: estimate vs actual
TTWO Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 FY | — | — | — | $1.68B | — |
| FY Full Year | — | — | — | $6.66B | — |
| Q3 26 MISS | $0.83 | $-0.50 | -160.24% | $1.70B | +7.59% |
| Q2 26 MISS | $-0.62 | $-0.73 | -17.10% | $1.77B | +2.16% |
| Q1 26 MISS | $0.27 | $-0.07 | -125.93% | $1.50B | +14.49% |
| Q4 25 MISS FY | $-0.05 | $-21.08 | -42,920.41% | $1.58B | +1.82% |
| FY Full Year | $-4.31 | $-25.58 | -493.71% | $5.63B | +0.21% |
| Q1 25 | $-0.02 | — | — | $1.34B | +6.78% |
| Q3 24 | $0.72 | — | — | — | — |
| Q4 23 MISS FY | $0.67 | $-3.62 | -640.30% | $1.45B | +8.00% |
| FY Full Year | — | $-7.03 | — | $5.35B | — |