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Take-Two Raises Outlook on Record Quarter, Targets GTA VI for November 2026 as Shares Fall

Leadership points to a robust pipeline, with mobile driving growth despite quality concerns.

Overview

  • Total net bookings rose 33% to $1.96 billion for the quarter, marking the strongest second quarter in the company’s history.
  • Take-Two lifted its fiscal 2026 net bookings guidance to $6.4–$6.5 billion and signaled record net bookings in fiscal 2027.
  • Rockstar set Grand Theft Auto VI for a November 2026 release after a second delay to allow additional polish.
  • Mobile accounted for roughly 46% of net revenue and outperformed expectations, underscoring the segment’s growing weight in the business.
  • Shares fell in after-hours trading following the GTA VI delay, as investors weighed recent launch issues such as Borderlands 4’s PC performance problems.