Take-Two Interactive Software announced its financial results for the first quarter of fiscal year 2026, which relates to the period between April and June 2025. The company also shared the traditional update on the sales of the ultra-popular GTA5 and Red Dead Redemption 2.
According to the documents shared by the publisher, net bookings were $1.42 billion, up 17% year-on-year, “significantly” surpassing Take-Two’s predictions.
Net bookings from recurrent consumer spending (DLC and similar services) grew 17% year-on-year and accounted for 83% of total net bookings.
Once again, the company turned a loss for the quarter, specifically $11.9 million.
As usual, the press release includes a comment from Chairman and CEO Strauss Zelnick.
“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.”
Take-Two is also changing its prediction for the full fiscal year to net bookings between $6,050 and $6,150 (the previous guidance was between $5,900 and $6,000)
According to the presentation and the following conference call, GTA5 sales have reached a mind-boggling 215 million units, bringing the franchise to 455 million units. Red Dead Redemption 2 has shipped 77 million units, and the franchise has shipped 104 million units.
The figures for GTA5 are a bit strange, as Take-Two announced 215 million units three months ago as well, but only 450 million units for the franchise. This may be a clerical error, and we’re going to reach out to Take-Two for clarification. We’ll update this article if we hear anything back.
Update: we indeed received a reply from Take-Two, as follows.
“The Grand Theft Auto series had another fantastic quarter and outperformed our expectations. Please keep in mind that we round in increments of 5 when we report earnings, which affects the comparability each quarter.”
This means that the game has likely not quite reached 220 million units yet, but should be rather close considering the franchise sales. We’ll likely see the difference in three months.
One thing is for sure, the fact that now take-two provides sell in updates for GTA5 only in intervals of 5 millions is just another indication of just how mind-boggling the game’s sales are.
Lastly, we can take a look at a breakdown of the games in development at Take-Two. That being said, it did not really change compared to the previous reveal in May.
If you’d like to compare these results with historical data, you can read our report about the previous fiscal year, based on data shared in May.
Other gaming companies have also already announced their financial results this quarter, including Koei Tecmo, Ubisoft, Krafton, Electronic Arts, Capcom, Microsoft, Konami, Marvelous Entertainment, Nintendo, Bandai Namco, and Sony.
