secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001628280-25-038919
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two Q1 Net Bookings $1.42B (+17% YoY) beat guidance; raises FY26 outlook to $6.05-6.15B
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- Net Bookings $1.42B, 17% above prior year and above guidance; recurrent spending up 17% (83% of bookings).
- GAAP net loss narrowed to $11.9M ($0.07 EPS) from $262M ($1.52 EPS) in Q1 last year.
- FY26 Net Bookings guidance raised to $6.05-6.15B; Q2 outlook: Net Bookings $1.70-1.75B.
- Recurrent consumer spending up 14% YoY, comprised 84% of GAAP revenue; key titles NBA 2K25, GTA V, mobile.
- GAAP revenue $1.50B vs $1.34B prior year; non-GAAP EBITDA $225.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828025038919/0001628280-25-038919-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828025038919/ttwo-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-038919

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer