Take-Two Interactive Q3 FY26 Results: GTA and NBA 2K Drive Strong Performance
- Sagar Mankar
- 2 hours ago
- 2 min read
Take-Two Interactive has reported strong financial results for its third fiscal quarter, ended December 31, 2025, showing a 25% rise in net revenue and a 28% increase in net bookings compared to last year. The company’s performance was fueled by its flagship franchises and mobile division, leading it to raise its full-year outlook.
The Numbers That Matter
Net revenue: $1.7 billion (up 25% year-on-year)
Net loss: $92.9 million (compared to $125.2 million loss last year)
Net bookings: $1.76 billion (up 28% year-on-year)
This strong performance has prompted Take-Two to raise its full-year outlook for net bookings to between $6.65 billion and $6.7 billion, reflecting what it described as “Q3 outperformance and higher expectations for several key titles in Q4.”
NBA 2K Keeps Scoring
Released in September 2025, NBA 2K26 has already sold around 8 million units. Daily active users and MyCareer engagement grew 30% year-on-year, with Take-Two noting the game is “on track to generate the highest level of annual net bookings and recurrent consumer spending in the franchise’s history.”
GTA 5 Still Breaking Records
Grand Theft Auto continues to be a juggernaut. GTA Online’s latest update boosted recurrent consumer spending by 27%, while GTA 5 has now sold over 225 million units since its 2013 launch. Membership levels of GTA+ nearly doubled compared to last year. Altogether, the GTA franchise has sold close to 465 million units worldwide.
Mobile Division Keeps Growing
Zynga and Peak delivered strong results:
Toon Blast rose 43% year-over-year, surpassing $3 billion in lifetime net bookings.
Match Factory grew 17% YoY.
Mobile advertising revenue climbed 10%, driven by higher average revenue per daily active user.
GTA 6 Release Date Confidence
CEO Strauss Zelnick reaffirmed that GTA VI is still on track for November 19, 2026.
Marketing will kick off in Summer 2026, and Zelnick told The Game Business that his confidence in the release date is “at an all-time high.”
He also confirmed to IGN that physical copies will be available, debunking earlier rumors of a digital-only launch.
Zelnick highlighted that fiscal 2027 will be “groundbreaking” for Take-Two, led by GTA VI’s release.
Red Dead Redemption Keeps Riding Strong
The Red Dead franchise continues to perform:
Over 110 million units sold worldwide (+4 million in the quarter).
Red Dead Redemption 2 sold over 82 million units (+3 million in the quarter).
Red Dead Redemption and Undead Nightmare were re-released for PS5, Xbox Series X/S, Switch 2, and mobile (via Netflix) in December 2025.
Borderlands 4: A Mixed Story
Borderlands 4 had a strong debut in terms of sales and player engagement, but performance issues on PC held it back. Zelnick admitted the launch was “a little softer” than expected, though Gearbox is working on optimization.
As a result of these challenges, Take-Two has paused plans to bring Borderlands 4 to the Nintendo Switch 2. A spokesperson told Variety that while it was a difficult decision, "We're continuing to collaborate closely with our friends at Nintendo. We have 'PGA Tour 2K25' coming out and 'WWE 2K26' [for Switch 2], and we're incredibly excited about bringing more of our titles to that platform in the future," said spokesperson Alan Lewis.