Particle.news
Download on the App Store

Take-Two Beats Q2, Lifts Outlook as Rockstar Pushes GTA VI to Late 2026

Raised guidance, driven by mobile momentum, signals resilience despite the delay.

Overview

  • Net bookings rose 33% to $1.96 billion with adjusted earnings of $1.46 per share, topping FactSet estimates for $1.73 billion and $0.94, respectively.
  • Rockstar moved Grand Theft Auto VI into late November 2026 for additional polish, with outlets reporting differing dates of November 19 and November 26.
  • Shares fell in postmarket trading following the delay announcement despite the beat, with reports showing declines in the high single digits.
  • Full-year net bookings guidance increased to $6.4 billion to $6.5 billion and adjusted EPS to $3.05 to $3.30, with management targeting record bookings in fiscal 2027.
  • Mobile remained the largest contributor at roughly 46% of revenue, led by Zynga titles like Toon Blast and Match Factory alongside strong recurrent consumer spending.