Mobile powers Take-Two bookings growth to $1.4bn in Q1

• Mobile portfolio outperforms, led by Toon Blast’s 22% y/y growth.
• Match Factory posts record quarter with 33% bookings surge.
• Rollic’s Color Block Jam becomes the studio's top-grossing title ever.

Take-Two Interactive net bookings rose by 17% year-over-year to $1.42 billion in Q1 boosted by the company's mobile games division.

Mobile increased by 11.8% Y/Y to $792.8 million last quarter, accounting for 56% of total bookings. Meanwhile, Take-Two net revenue grew by 12% to $1.5bn, with mobile taking up $801.7m, or 53% of sales.

Overall, the publisher reported a GAAP net loss of $12m.

Mobile growth

The company's latest financials showed that its mobile business outperformed expectations, driven by strong performances across key titles.

Toon Blast grew 22% year-over-year thanks to its new “seasonal collection” feature, while Match Factory hit record net bookings with 33% growth, boosted by events like Treasure Cave. 

Color Block Jam became Rollic’s highest-grossing game ever, maintaining a top position on app charts throughout the quarter. We recently spoke to the studio about the hit title.

Moreover, 2K’s mobile portfolio delivered a strong quarter, led by WWE SuperCard with over 37m lifetime downloads. NBA 2K Mobile also grew steadily while NBA 2K All-Star in China posted strong, profitable results since its March launch.

Revised focus

Reflecting on a strong start to the year, Take-Two upgraded its full-year net bookings forecast to $6.05bn to $6.15bn, an increase from the previous $5.9bn to $6bn projection. 

The revised outlook is underpinned by confidence in its upcoming release slate, which includes Borderlands 4, NBA 2K26, and the highly anticipated Grand Theft Auto VI.

“We continue to focus on our mobile direct-to-consumer business, and we are achieving better conversion driven by new offers, events, and enhanced personalisation," said Take Two chairman and CEO Strauss Zelnick. 

“In the context of recent court rulings, we see ample runway for further growth in this area."