Path 02 — Business Analyst

For investors, equity analysts, and finance journalists building a model of Take-Two Interactive (NASDAQ: TTWO) around the Grand Theft Auto VI launch.

This 18-report sequence walks you through Take-Two's revenue mix, the Zynga acquisition aftermath, the FY2025 $4.5B net loss, the $8B net bookings target's evolution, share-price event studies around every GTA VI catalyst, and peer comparisons. It uses only public SEC filings, earnings transcripts, and reputable analyst notes.

Estimated reading time: ~75 minutes.

1. The unit economics

1. Topic: Take-Two Interactive — every report about the publisher; use as a reference index.
2. 1235 — RCS as Take-Two's Core Profit Engine
3. 1247 — Rockstar P&L Carve-Out
4. 1248 — GTA Franchise Lifetime Revenue

2. The Zynga overhang

5. 1236 — Zynga Acquisition Impairment
6. 1245 — Stock-Based Compensation Dilution

3. The bookings target

7. 1238 — $8B Net Bookings Target Anatomy
8. 1239 — DFC Intelligence and Circana Forecasts
9. 1240 — Pricing Strategy: $80 vs $100

4. The share-price event studies

10. 1237 — TTWO Event Study
11. Tag: financial — full list of financial-tagged reports.

5. Accounting and disclosure

12. 1243 — Form 4 Insider Filings
13. 1244 — Capitalized Software Development Costs
14. 1246 — Pre-Order Deferred Revenue (ASC 606)

6. Governance and capital allocation

15. 1254 — Icahn 2013 Activist Campaign
16. 1255 — Stock Buyback Programme History
17. 1262 — ZelnickMedia Management Agreement

7. Peer benchmark

18. 1260 — TTWO vs EA/Ubisoft/Embracer/NetEase/Tencent

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Where to next?

• The leak angle on the financials → Path 03 — Leak Investigator
• What the market thinks → Path 07 — Marketing Strategist and Tag: reception
• The full Part 19 → Part 19 index

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