---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-023782"
form_type: "8-K"
ticker: "TTWO"
cik: "0000946581"
company_name: "TAKE TWO INTERACTIVE SOFTWARE INC"
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T22:26:16.311005+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Take-Two Q4 net bookings $1.35B beats guidance; GTA VI window narrowed to Fall 2025; FY25 net bookings $5.55-$5.65B

## Summary
- Q4 net bookings $1.35B exceeded high-end of guidance; recurrent consumer spending 79% of total Net Bookings.
- Q4 GAAP net loss $2.90B, including $2.18B goodwill impairment, $304.3M intangible impairment, and $93.3M reorganization costs.
- FY25 net bookings guidance $5.55-$5.65B; GAAP net loss per share expected $(3.90)-$(3.50).
- GTA VI release window narrowed from calendar 2025 to Fall 2025.
- FY24 net bookings $5.33B (+1% YoY); GAAP net loss $3.74B, including $2.34B goodwill impairment.

## SEC filing metadata
- accession: 0001628280-24-023782
- form_type: 8-K
- ticker: TTWO
- cik: 0000946581
- company_name: TAKE TWO INTERACTIVE SOFTWARE INC
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946581/000162828024023782/0001628280-24-023782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946581/000162828024023782/ttwo-20240516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-023782
- JSON: https://secwatch.observer/filing/0001628280-24-023782.json
- Plain text: https://secwatch.observer/filing/0001628280-24-023782.txt

## Key facts
- Earnings Releases
  TAKE TWO INTERACTIVE SOFTWARE INC reported fourth fiscal quarter ended March 31, 2024 results: revenue $1.40 billion, net income $2.90 billion, EPS $17.02 per share. Guidance initiated.
  - Period: fourth fiscal quarter ended March 31, 2024
  - Revenue: $1.40 billion
  - Net income: $2.90 billion
  - EPS: $17.02 per share
  - Guidance: initiated
  - Result: reported results
  source text: • Total Net Bookings* decreased 3% to $1.35 billion, as compared to $1.39 billion during last year’s fiscal fourth quarter. ◦ Net Bookings from recurrent consumer spending** decreased 2% and accounted for 79% of total Net Bookings. ◦ The largest contributors to Net Bookings were NBA® 2K24, Grand Theft Auto® Online and Grand Theft Auto V, Toon BlastTM , Empires & PuzzlesTM, our hyper-casual mobile portfolio, Red Dead Redemption® 2 and Red Dead Online, WWE® 2K24 , Match Factory!, Words With FriendsTM, and Merge Dragons!TM. • GAAP net revenue decreased 3% to $1.40 billion, as compared to $1.45 billion in last year’s fiscal fourth quarter. ◦ Recurrent consumer spending** decreased 2% and accounted for 79% of total GAAP net revenue. ◦ The largest contributors to GAAP net revenue were NBA 2K24 and NBA 2K23, Grand Theft Auto Online and Grand Theft Auto V, Toon Blast, Empires & Puzzles, our hyper-casual mobile portfolio, Red Dead Redemption 2 and Red Dead Online, WWE 2K24, Match Factory!, and
  evidence_url: https://www.sec.gov/Archives/edgar/data/946581/000162828024023782/0001628280-24-023782-index.htm
- Earnings Releases
  TAKE TWO INTERACTIVE SOFTWARE INC reported fiscal year ended March 31, 2024 results: revenue $5.35 billion, net income $3.74 billion, EPS $22.01 per share. Guidance initiated.
  - Period: fiscal year ended March 31, 2024
  - Revenue: $5.35 billion
  - Net income: $3.74 billion
  - EPS: $22.01 per share
  - Guidance: initiated
  - Result: reported results
  source text: Fiscal Year 2024 Financial and Operational Highlights • Total Net Bookings* increased 1% to $5.33 billion, as compared to $5.28 billion during last fiscal year. ◦ Net Bookings from recurrent consumer spending** increased 2% and accounted for 78% of total Net Bookings. ◦ The largest contributors to Net Bookings were NBA 2K24, Grand Theft Auto Online and Grand Theft Auto V, Toon Blast , Empires & Puzzles, our hyper-casual mobile portfolio, Red Dead Redemption 2 and Red Dead Online, Words With Friends, and Merge Dragons!. • GAAP net revenue was flat at $5.35 billion when compared to last fiscal year. ◦ Recurrent consumer spending** increased 1% and accounted for 79% of total GAAP net revenue. ◦ The largest contributors to GAAP net revenue were NBA 2K23 and NBA 2K24, Grand Theft Auto Online and Grand Theft Auto V, Toon Blast, our hyper-casual mobile portfolio, Empires & Puzzles, Red Dead Redemption 2 and Red Dead Online, Merge Dragons!, Words With Friends, and Zynga Poker . • GAAP net loss
  evidence_url: https://www.sec.gov/Archives/edgar/data/946581/000162828024023782/0001628280-24-023782-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.