US publishing giant Take-Two has reported a 17 per cent increase in its net bookings for the first quarter of its financial year. 

The company brought in $1.42 billion for the three months ending June 30th, up from last year's $1.22 billion. Recurrent consumer spending rose 17 per cent, accounting for 83 per cent of Take-Two's net bookings for the period. 

This growth was delivered by the likes of Grand Theft Auto 5 and its Online mode, as well as NBA 2K25, Red Dead Redemption 2 and Red Dead Online, as well as its portfolio of mobile games which admittedly seem to have done the bulk of the work. 

“Our outstanding first quarter results reflect ongoing demand for our core franchises and the increasingly diversified, successful nature of our business," Take-Two CEO and chair Strauss Zelnick told shareholders.  

"We are raising our Fiscal Year 2026 Net Bookings outlook to $6.05 to $6.15 billion as a result of our strong start to the fiscal year. As we approach the release of the most ambitious pipeline in our company’s history, we have exceptional confidence in our multi-year outlook and our ability to deliver meaningful shareholder returns.”