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Take-Two Interactive results lackluster compared to last year’s Red Dead 2 bump

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Take-Two Interactive reported relatively weak results for the third fiscal quarter ended December 31 in a report today that came just two days after the company announced it was losing a key executive at its Rockstar Games label.

The publisher had GAAP net revenue of $930.1 million, which is down 25% from $1.25 billion a year ago. And it reported GAAP net income of $1.43 a share, down from $1.57 a share a year ago. On an adjusted basis, the earnings fell short of analyst expectations.

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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.