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Take-Two Made Almost $1 Billion More Than Expected and Wants To Acquire More Companies
Insider Gaming • • technology
Key Points:
- Take-Two Interactive reported outstanding fiscal 2026 results with net bookings of $6.72 billion, surpassing initial guidance by nearly $1 billion.
- The company expects over $1 billion in operating cash flow in the next 12 months, significantly boosted by the upcoming launch of Grand Theft Auto 6.
- CEO Strauss Zelnick highlighted strong performances across all labels, including record net bookings from NBA 2K and Zynga’s highest bookings since acquisition in 2022.
- FY27 is anticipated to be a major inflection point with plans for groundbreaking entertainment experiences, accretive mergers and acquisitions, and investments in technology.
- Take-Two’s revenue was evenly split between mobile gaming ($3.33 billion) and console/PC gaming ($3.32 billion) in FY26, reflecting a balanced and diverse portfolio.
