TLDR
- Grand Theft Auto VI release date moved to November 19, 2026, the second postponement after originally targeting 2025
- Take-Two Interactive reported Q2 fiscal 2026 net bookings of $1.96 billion, exceeding expectations with 33% annual growth
- Company raised fiscal 2026 net bookings outlook to $6.4-$6.5 billion range from previous $6.05-$6.15 billion forecast
- Recurrent consumer spending increased 20% and accounted for 73% of quarterly net bookings
- Shares dropped more than 7% in after-hours trading on delay news
Take-Two Interactive moved Grand Theft Auto VI’s launch date to November 19, 2026. This marks the second time the company has delayed the release.
The game was scheduled to arrive May 26, 2026. It was initially planned for a 2025 launch.
Stock tumbled over 7% in extended trading. Investors reacted negatively despite strong earnings performance.
Take-Two Interactive Software, Inc., TTWO
Rockstar Games apologized for extending the wait. The studio wants to deliver proper polish and meet player expectations.
Fans have anticipated the sequel for more than ten years. Grand Theft Auto V released 13 years ago and generated massive profits.
Quarterly Results Beat Projections
Take-Two posted fiscal Q2 2026 net bookings of $1.96 billion. The figure topped company guidance and analyst estimates.
Year-over-year growth reached 33%. The increase came from diverse revenue sources across the portfolio.
Recurrent consumer spending climbed 20%. This segment made up 73% of total quarterly bookings.
NBA 2K26 led revenue contributors. Borderlands 4 and Grand Theft Auto Online added to results.
The company recorded a GAAP net loss of $133.9 million. Per-share losses narrowed from $2.08 to $0.73 versus prior year.
Management Raises Annual Forecast
Take-Two increased its fiscal 2026 net bookings guidance. The updated range stands at $6.4 billion to $6.5 billion.
Previous estimates ranged from $6.05 billion to $6.15 billion. Mobile titles and premium games drove the revision higher.
CEO Strauss Zelnick anticipates record bookings in fiscal 2027. He cited a strong lineup of upcoming releases.
The company continues seeing traction in mobile gaming. Live services remain a growth driver across platforms.
Developer Prioritizes Quality Over Timeline
Industry analysts view the delay as a sound business decision. D.A. Davidson & Co analyst Wyatt Swanson said rushed releases rarely achieve full potential.
Expectations call for billions in first-week sales. The launch could trigger widespread console and hardware purchases.
The November 2026 date adds six months to development. Rockstar gains additional time to refine gameplay and graphics.
Millions of franchise followers face extended anticipation. The company prioritizes delivering a polished final product.
Take-Two develops and publishes interactive entertainment through its labels. Rockstar Games, 2K, and Zynga operate under the corporate umbrella.
The Q2 performance shows business momentum. Growth continues across mobile, premium, and recurrent revenue streams.
Loss per share improved year-over-year. The company narrows losses while investing in future releases.
The raised guidance reflects management confidence. Strong current performance supports the optimistic outlook.
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