Take-Two Interactive Software Stock Down On Wider Q4 Loss, Cautious Outlook For Q1, FY26

(RTTNews) - Shares of Take-Two Interactive Software, Inc. (TTWO) were down 3 percent on Wednesday's extended hours trading after the company reported wider loss in its fourth quarter. The company also provided outlook for the next quarter and fiscal 2026, expecting loss.

The company posted net loss of $3.73 billion or $21.08 per share in the fourth quarter, compared to net loss of $2.90 billion or $17.02 per share in the same period last year.

The latest results included impairment charges of $3.55 billion related to goodwill and $176.3 million for acquisition-related intangible assets.

On an adjusted basis, EBITDA for the quarter came in at $161.0 million, compared to negative $19.6 million in the prior-year period.

During the three-month period, the company's revenue climbed 13 percent to 1.58 billion from $1.40 billion a year ago.

According to company, which develops and publishes video games, total net bookings came in at $1.58 billion, a 17 percent rise from $1.35 billion recorded in the fourth quarter of 2024.

Looking ahead, in the first quarter of 2026, the company expects net loss between $139 million and $115 million, and loss per share between $0.78 and $0.65.

Revenue is expected between $1.35 billion and $1.40 billion and EBITDA is expected $114 million and $136 million. During the first quarter, net bookings are projected between $1.25 billion and $1.30 billion.

On average, analysts expect the company to post net loss of $0.74 per share on revenues of $1.33 billion for the first quarter. Analysts estimates, usually exclude special items.

For fiscal 2026, the company expects net loss between $499 million and $439 million, or loss per share between $2.79 and $2.45.

Annual revenue is expected between $5.95 billion and $6.05 billion while net bookings are predicted to touch between $5.9 billion and $6.0 billion. EBITDA for fiscal 2026 is expected between $508 million and $562 million.

The Wall Street analysts expect the company to post net loss of $2.2 per share on revenues of $7.63 billion for full-year 2026.

On the NYSE, the stock was down 3 percent on Thursday's after-hours at $225.30. TTWO closed Thursday's regular trading at $232.34, up 1.24 percent.