Take-Two Interactive coasts to $831.3 million in Q1 2021 revenue as fans flock to online games

Posted byby Dean Takahashi
August 3, 2020
Updated June 18, 2025
3 min

Take-Two Interactive reported today that revenue for its first fiscal quarter (the second calendar quarter) ended June 30 rose 54% from a year ago to $831.3 million as fans played online games during the pandemic. The results for profits and revenues beat Wall Street’s expectations.

Grand Theft Auto Online and Grand Theft Auto V, Red Dead Redemption 2 and Red Dead Online, and NBA 2K20 all contributed to huge sales for the company in a quarter when it launched only Disintegration from its Private Division indie label. Other contributors included Borderlands 3, Sid Meyer’s Civilization VI, WWE, The Outer Worlds, and Social Point’s mobile games. In after-hours trading, Take-Two’s stock is up 4.75% to $175.65 a share.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.