Take-Two Sees 17% Increase in Net Bookings

Alright, so here’s the deal. Take-Two, you know, the big player in the US publishing scene, is kinda having its moment. They’re talking about this 17% jump in net bookings for the first quarter of their fiscal year. That’s like $1.42 billion just rolling in — way more than last year’s $1.22 billion. I mean, can you imagine?

Now, there’s something interesting here — recurrent consumer spending. It shot up by 17% too, and apparently, that’s making up a massive 83% of their net bookings for this period. Sounds like a big deal, right? Makes you wonder what they’re doing to keep people coming back. Or, you know, maybe folks just can’t resist?

Anyway, this boost — I guess you could call it that — is coming from games like Grand Theft Auto 5 (yep, people still love that chaos) with its Online mode. Plus, there’s NBA 2K25, Red Dead Redemption 2, and its online counterpart… yada yada. Oh, and we can’t forget their mobile games. They seem to be pulling a lot of weight. I don’t get it, but hey, numbers don’t lie.

So Strauss Zelnick, the CEO dude — cool name, by the way — is all, “Our first quarter rocked ’cause everyone’s craving our main franchises.” That’s the vibe, at least. He’s telling the shareholders they’re raising their Fiscal Year 2026 outlook to something between $6.05 to $6.15 billion. Yeah, casual stuff. Seems they think they’ve got some killer projects up their sleeve. Or maybe he just knows how to talk a big game. Too early to call, but they’re feeling good. Must be nice.