Take-Two reports solid earnings and explains GTA VI delay

Summary

• Take-Two reported net bookings for its Q4, which ended March 31, of $1.58bn,up17$1.58bn, up 13% YoY.
• The results were driven largely by strong performances from its key titles, including NBA 2K25, Grand Theft Auto Online and Grand Theft Auto V, Civilization VII, and Red Dead Redemption 2.
• CEO of Take-Two, Strauss Zelnick, said that the company is keen to keep driving Take-Two’s momentum as “we bring our exciting lineup to market”.
• Take-Two expects net bookings for the FY year ending March 31, 2026, to be between $5.9bnand$6bn, which would represent 5% growth over fiscal 2025.
• Rockstar’s hugely anticipated Grand Theft Auto VI will now launch on May 26, 2026, with the company saying it is “optimistic” about the upcoming pipeline, which includes approximately 38 titles between 2026-2028.

By Dean Takahashi

Original Article