Take-Two Interactive Software Inc. reported its fiscal first-quarter 2026 results, posting net bookings of $1.42 billion, a 17% increase compared to $1.22 billion in the same quarter last year. GAAP net revenue rose 12% year-over-year to $1.50 billion, surpassing estimates of $1.31 billion. The company recorded a GAAP net loss of $11.9 million, or $0.07 per share, below the expected earnings per share of $0.28. For the second quarter, Take-Two projects revenue between $1.65 billion and $1.70 billion, with net bookings expected to range from $1.70 billion to $1.75 billion, and an anticipated loss per share between $0.75 and $0.60. The fiscal year 2026 outlook was raised, with revenue forecasted between $6.10 billion and $6.20 billion and net bookings projected between $6.05 billion and $6.15 billion, alongside a net loss per share estimated between $2.40 and $2.05. The company also confirmed the release date for its highly anticipated title, Grand Theft Auto 6 (GTA 6), set for May 26, 2026. Additionally, Grand Theft Auto V has sold 215 million units to date, and GTA Online has seen accelerated recurring consumer spending driven by recent content updates and the GTA 6 trailer, with new accounts increasing by more than 50% year-over-year.