Take-Two Report: Losses increased by 36%, mobile brought in more money than PC and consoles combined
Take-Two Interactive released its report for the third quarter of the fiscal year 2025, which lasted from October 1 to December 31, 2024. Here's what it includes.
Sid Meier’s Civilization VII
Key Figures for the Quarter
- Take-Two reported net revenue of $1.36 billion, which is 1% less than the previous year.
- Nearly all revenue came from digital sales of games — 96% or $1.31 billion.
- Mobile remained the leading platform for Take-Two, accounting for 54% of revenue. Console games contributed 37%, while PC and other platforms made up 9%.
- The net bookings for the quarter increased by 3% to $1.37 billion.
- The company was unable to avoid losses. Take-Two lost $125.2 million for the quarter, which is a 36.6% increase from the previous year.
- Overall, the company is satisfied with the quarter's results. Although the mobile unit, led by Zynga, earned less than expected (primarily due to a downturn in the hyper-casual games segment), the overall operational metrics surpassed the forecast.
- The company also mentioned that in the NBA 2K series, gamers' recurrent spending (on microtransactions, in-game advertising, DLCs, etc.) increased by 30%, while the number of daily active users rose by 20%.
- GTA+ subscriptions grew by 10% compared to the previous year.
- Sid Meier’s Civilization VII set a franchise record for pre-orders. The exact number was not disclosed by Take-Two.
- Take-Two anticipates that 2025 will be one of the most remarkable years in the company's history. In just four days, the full release of Sid Meier’s Civilization VII is scheduled, Mafia: The Old Country is set for a summer release, GTA VI will launch in the fall, and Borderlands 4 is expected by the end of the year.
Take-Two releases planned for fiscal years 2025-2027
Game Data
As part of the report, Take-Two also updated the sales and download figures for its games.
- GTA V — 210 million copies. The entire series — 440 million copies.
- Red Dead Redemption 2 — 70 million copies. The entire series — 95 million copies.
- NBA 2K25 — 7 million copies. The entire series — 155 million copies.
- Borderlands 2 — 30 million copies, Borderlands 3 — 22 million copies. The entire series — 91 million copies.
- The BioShock series — 43 million copies.
- The Sid Meier’s Civilization series — 73 million copies.
- Downloads of Zynga's hyper-casual games exceeded 3.6 billion. Specifically, Twisted Tangle collected 46 million downloads, Bus Jam — 15 million downloads, Seat Away — 14 million downloads, Screw Jam — 8.4 million downloads, and Timeline Up! — 3.8 million downloads.