- Net revenue: $1.36B vs $1.37B last year
- Net Bookings: $1.37B, +3% YoY
- Net loss: $125.2M vs $91.6M loss last year
CEO Strauss Zelnick: "We achieved solid results during the holiday season. Our Net Bookings of $1.37 billion were within our guidance range, as significant outperformance in NBA 2K helped to offset moderation experienced in several of our mobile franchises."
🌱Revenue & Growth
- Game revenue: $1.24B vs $1.21B last year
- Advertising revenue: $116.7M vs $158.1M last year
- US revenue: $825.7M (61% of total)
- International revenue: $534.1M (39% of total)
💰Profits & Financials
- Loss per share: $0.71 vs $0.54 loss last year
- EBITDA: $88.8M vs $146.5M last year
- Cash and equivalents: $1.21B vs $754.0M in March 2024
📌Business Highlights
- NBA 2K25 showed significant outperformance
- Released Red Dead Redemption and Undead Nightmare for PC
- Launched Grand Theft Auto Online: Agents of Sabotage update
🔮Future Outlook
- FY2025 Net Bookings guidance: $5.55B to $5.65B
- Q4 FY2025 Net Bookings guidance: $1.48B to $1.58B
- Planning to launch Sid Meier's Civilization VII (Feb 11), Mafia: The Old Country (Summer), Grand Theft Auto VI (Fall), and Borderlands 4
- Expects record Net Bookings levels in FY2026 and FY2027