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WSJ Tech News Briefing · Friday, August 7, 2026

Take-Two Interactive's Q1 Losses Widen Despite Sales Increase

Take-Two Interactive Software reported increased sales in its fiscal first quarter, but its losses expanded due to the discontinuation of an unnamed game development project. The video game company posted a loss of $34.1 million. Key contributors to bookings and sales included the NBA 2K and Grand Theft Auto series.

companyTake-Two Interactive Software

The tape

3 quotes
And Take-Two Interactive Software recorded higher sales in its fiscal first quarter, but losses widened due to the discontinuation of development of an unnamed title in its pipeline.
Imani Louise
The video game company posted a loss of $34.1 million.
Imani Louise
Some of the biggest contributors to bookings and sales were NBA 2K and the Grand Theft Auto series.
Imani Louise
Heard on WSJ Tech News Briefing — “TNB Tech Minute: Meta to Pay $942 Million in Social Media Harm Case, published Friday, August 7, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Take-Two Interactive's Q1 Losses Widen Despite Sales Increase — Heardvine