Take-Two (NASDAQ:TTWO) Surprises With Q3 Sales But Stock Drops

• Grand Theft Auto VI release day is acceptable for November 19, 2026

• Revenue: $1.77 cardinal vs expert estimates of $1.71 cardinal (20.3% year-on-year growth, 3.8% beat)

• EPS (GAAP): -$0.73 vs expert expectations of -$0.62 (17.1% miss)

• Adjusted EBITDA: $116.7 cardinal vs expert estimates of $288 cardinal (6.6% margin, 59.5% miss)

• The institution lifted its gross guidance for the afloat year to $6.43 cardinal astatine the midpoint from $6.15 billion, a 4.6% increase

• EPS (GAAP) guidance for the afloat year is -$2.08 astatine the midpoint, astir successful enactment with what analysts were expecting

• EBITDA guidance for the afloat year is $608 cardinal astatine the midpoint, beneath expert estimates of $910.2 million

• Operating Margin: -5.5%, up from -20.1% successful the aforesaid 4th past year

• Free Cash Flow was $96.5 million, up from -$69.8 cardinal successful the erstwhile quarter

• Market Capitalization: $47 billion

Strauss Zelnick, Chairman and CEO of Take-Two Interactive, stated: “We achieved outstanding 2nd 4th results by releasing caller deed titles, driving innovation successful unrecorded services, and maintaining our committedness to processing the highest prime products. With momentum crossed our business, peculiarly successful mobile and NBA 2K, we are raising our Fiscal Year 2026 Net Bookings forecast for the 2nd consecutive quarter. Rockstar Games volition present merchandise Grand Theft Auto VI connected November 19, 2026, and we stay some excited and assured they volition present an unrivalled blockbuster amusement experience. With the astir robust pipeline successful our Company’s history, we expect to execute grounds levels of Net Bookings successful Fiscal 2027, which volition found a caller baseline for our concern and acceptable america connected a way of enhanced profitability.”

Best known for its Grand Theft Auto and NBA 2K franchises, Take Two (NASDAQ:TTWO) is 1 of the world’s largest video crippled publishers.

A company’s semipermanent income show tin bespeak its wide quality. Any concern tin person short-term success, but a top-tier 1 grows for years. Luckily, Take-Two’s income grew astatine a decent 13.9% compounded yearly maturation complaint implicit the past 3 years. Its maturation was somewhat supra the mean user net institution and shows its offerings resonate with customers.