HighGravityDataTake-Two Interactive — May 15, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-25-025900
Showing in the filing
Net Bookings
“$5.9 to $6.0 billion”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 33
Net Bookings for FY2026
“$5.9 to $6.0 billion”
Management reporting tax rate for FY2026
“18%”
Management reporting tax rate for FY2025
“18%”
GAAP Total net revenue for FY2026
“$5,950 to $6,050”
Cost of revenue for FY2026
“$2,519 to $2,545”
Operating expenses for FY2026
“$3,780 to $3,800”
Interest and other, net for FY2026
“$99”
(Loss) income before income taxes for FY2026
“$(448) to $(394)”
Net loss for FY2026
“$(499) to $(439)”
Net loss per share for FY2026
“$(2.79) to $(2.45)”
Net cash from operating activities for FY2026
“approximately $130”
Capital expenditures for FY2026
“approximately $140”
Non-GAAP EBITDA for FY2026
“$508 to $562”
Net Bookings (Operational metric) for FY2026
“$5,900 to $6,000”
Share count used to calculate GAAP net loss … for FY2026
“179.1 million”
Share count used to calculate management rep… for FY2026
“181.5 million”
GAAP Total net revenue for FY2025
“$1,350 to $1,400”
Cost of revenue for FY2025
“$544 to $562”
Operating expenses for FY2025
“$908 to $918”
Interest and other, net for FY2025
“$23”
(Loss) income before income taxes for FY2025
“$(125) to $(103)”
Net loss for FY2025
“$(139) to $(115)”
Net loss per share for FY2025
“$(0.78) to $(0.65)”
Non-GAAP EBITDA for FY2025
“$114 to $136”
Net Bookings (Operational metric) for FY2025
“$1,250 to $1,300”
Share count used to calculate GAAP net loss … for FY2025
“178.1 million”
Share count used to calculate management rep… for FY2025
“180.4 million”
Provision for income taxes for FY2026
“$51 to $45”
Interest expense for FY2026
“$90”
Depreciation for FY2026
“$166”
Provision for income taxes for FY2025
“$14 to $12”
Interest expense for FY2025
“$21”
Depreciation for FY2025
“$43”
Exhibit 99.1 · the passage around this item
… earlier in the release
(646) 536-3005 (646) 536-2983 Nicole.Shevins@take2games.com Alan.Lewis@take2games.com Take-Two Interactive Software, Inc. Reports Results for Fourth Quarter and Fiscal Year 2025 $1.58 billion fourth quarter Net Bookings $5.65 billion fiscal year 2025 Net Bookings Initial outlook for fiscal 2026 includes Net Bookings of $5.9 to $6.0 billion New York, NY – May 15, 2025 – Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today reported results for the fourth quarter and fiscal year 2025, ended March 31, 2025. For further information, please see the fourth quarter and fiscal 2025 results slide deck posted to the Company’s investor relations website at take2games.com/ir . CEO Comments “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. 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.” Fourth Quarter Fiscal 2025 Financial and Operational Highlights • Total Net Bookings* grew 17% to $1.58 billion, as compared to $1.35 billion during last year’s fiscal fourth quarter. ◦ Net Bookings from recurrent consumer spending** increased 14% and accounted for 77% of total Net Bookings. ◦ The largest contributors to Net Bookings were NBA® 2K25, Grand Theft Auto
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.