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NEW YORK – Take-Two Interactive Software reported Monday that net bookings fell 18% to $1.60 billion in its fiscal second quarter, from $1.96 billion a year earlier, and kept its full-year forecast for net bookings of $8.0 billion to $8.2 billion. The maker of Grand Theft Auto and NBA 2K said the launch of Grand Theft Auto VI is days away.
In the quarter ended Sept. 30, GAAP net revenue was $1.50 billion, down from $1.77 billion a year earlier. The company posted a GAAP net loss of $54.0 million, or $0.29 per share, compared with a loss of $133.9 million, or $0.73 per share, in the same period last year. Net bookings from recurring consumer spending, such as virtual currency and in-game purchases, fell 9% and made up 81% of the total.
Chairman and CEO Strauss Zelnick said: “The launch of Grand Theft Auto VI is ten days away and, with pre-orders continuing to reach unprecedented levels, we expect to deliver an historic year for our company.” The company’s release lists the game’s launch date as Nov. 19, 2026, for PlayStation 5 and Xbox Series X|S.
For the fiscal third quarter ending Dec. 31, Take-Two expects net bookings of $3.35 billion to $3.50 billion and GAAP net revenue of $3.27 billion to $3.42 billion. For the full year ending March 31, 2027, it expects GAAP net revenue of $7.98 billion to $8.18 billion.
Why it matters: the game industry is waiting on one title. The year’s forecast depends on the Grand Theft Auto VI launch, and the December quarter is the first full test of it. Take-Two says the outlook assumes the “timely delivery of the titles included” in the forecast, along with a steady economic backdrop and stable exchange rates.
Take-Two shares closed Monday at $207.40, down 3.5%, then traded at about $216.50, up about 4.4%, in after-hours trading at 4:48 p.m. Eastern.
Still unknown: how many copies the game sells in its first weeks, how much of the full-year target it delivers. The company said it would discuss the results on a call at 4:30 p.m. Eastern.
File photo: a poster for Grand Theft Auto VI on Princes Street in Edinburgh, Scotland, photographed Nov. 8, 2026.
JBizNews Desk | New York
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