Take-Two Q1 Earnings Beat Expectations but Cautious Outlook Ahead
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 23 2026
0mins
Source: Yahoo Finance
- Revenue Performance: Take-Two reported Q1 CY2026 revenue of $1.58 billion, exceeding analyst expectations of $1.56 billion, indicating stability in its core business despite flat year-over-year sales.
- Earnings Beat: The GAAP loss per share was $0.32, outperforming analyst estimates of a $0.52 loss by 38.4%, reflecting improvements in cost control and operational efficiency.
- Cautious Future Outlook: The revenue guidance for Q2 is set at $1.48 billion, below the $1.54 billion expected by analysts, highlighting management's cautious stance on the mature mobile gaming market, although the upcoming launch of Grand Theft Auto VI is anticipated to drive revenue growth.
- Direct-to-Consumer Progress: By integrating more mobile titles into its direct-to-consumer platform, Take-Two achieved higher margins and customer loyalty, with management believing this trend will continue despite challenges posed by a changing market landscape.
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Analyst Views on TTWO
Wall Street analysts forecast TTWO stock price to rise
14 Analyst Rating
14 Buy
0 Hold
0 Sell
Strong Buy
Current: 217.870
Low
270.00
Averages
286.77
High
300.00
Current: 217.870
Low
270.00
Averages
286.77
High
300.00
About TTWO
Take-Two Interactive Software, Inc. is a developer, publisher, and marketer of interactive entertainment for consumers around the globe. The Company develops and publishes products principally through Rockstar Games, 2K, and Zynga. Its products are designed for console gaming systems, including, but not limited to, the Sony Computer Entertainment, Inc. (Sony) PlayStation4 (PS4) and PlayStation5 (PS5), the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox Series XS (Xbox Series XS), and the Nintendo Switch (Switch), as well as mobile, including smartphones and tablets, and personal computers (PC). It delivers its products through physical retail, digital download, online platforms, and cloud streaming services. It sells software titles both digitally and physically through direct relationships with digital storefronts and platform partners, large retail customers, and third-party distributors. It also sells advertising within a number of its games, primarily in mobile.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Earnings Beat: The GAAP loss per share was $0.32, outperforming analyst estimates of a $0.52 loss by 38.4%, reflecting improvements in cost control and operational efficiency.
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- Earnings Beat: The GAAP loss per share was $0.32, outperforming analyst estimates of a $0.52 loss by 38.4%, reflecting improvements in cost control and operational efficiency.
- Cautious Future Outlook: The revenue guidance for Q2 is set at $1.48 billion, below the $1.54 billion expected by analysts, highlighting management's cautious stance on the mature mobile gaming market, although the upcoming launch of Grand Theft Auto VI is anticipated to drive revenue growth.
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