Take-Two Interactive has printed its second quarter monetary outcomes, reporting vital will increase in income and net bookings.
Nonetheless, its newest report was overshadowed by the information that Grand Theft Auto 6 has been delayed for a second time.
The highly-anticipated sport is now set to launch on November 26, 2026, to enable for “further time to end the sport with the excessive stage of polish gamers and anticipate and deserve.”
Here is what you want to know:
The numbers
For the three months ending September 30, 2025
- Net income: $1.77 billion (up 31% year-on-year)
- Net loss: $133.9 million (in contrast to $365.5 million loss within the year-ago quarter)
- Complete net bookings: $1.96 billion (up 33% year-on-year)
The highlights
Throughout an earnings name (by way of Seeking Alpha), Take-Two CEO Strauss Zelnick mentioned net bookings “vastly exceeded expectations”, growing 33% to $1.96 billion.
This represented “one of the best second quarter of net bookings” in Take-Two’s historical past, which additionally noticed a 20% rise in recurrent client spending (RCS) which accounted for 73% of complete income.
Zelnick famous that profitable launches of NBA 2K26, Mafia: The Previous Nation and a number of other cellular titles “more-than-offset” the challenges Borderlands 4 confronted throughout its preliminary launch.
The CEO mentioned the discharge “was a bit softer than [it] would have favored” due to “challenges with optimisation and efficiency on PC.”
“On reflection, we really feel that there are issues that we may have executed higher and we intend to do higher sooner or later,” Zelnick defined. “Within the fullness of time, we predict the unit gross sales on this title can be very strong and the financial outcomes can be consistent with our expectations.”
Take-Two noticed main success in its cellular section for the quarter, which accounted for 46% income in contrast to Rockstar’s 15%.
Talking to GamesIndustry.biz, Zelnick mentioned cellular is “a really vital a part of the enterprise” which has “grown sooner than the console and PC elements of the enterprise.”
This included successes in Toon Blast, which grew 26% year-on-year, and Match Manufacturing unit, which achieved “document net bookings” throughout Q2 growing 20% year-on-year.
Cellular developer Rollic surpassed 3.8 billion lifetime downloads and achieved a brand new net bookings document, whereas the CSR Racing franchise achieved $1 billion in lifetime in-game spending.
The principle speaking level of Take-Two’s newest outcomes was, after all, the delay of GTA 6.
GTA 6 was initially introduced in December 2023 for launch in 2025. Earlier this yr, Rockstar delayed the title to Could 26, 2026.
In response to the second delay, Zelnick advised us that he’s “assured” in Rockstar’s new launch date.
“We are attempting very exhausting to ship probably the most extraordinary interactive leisure expertise ever created, Rockstar and we’re aligned on that, we’re feeling actually good about it,” he mentioned.
“As , sometimes throughout our total firm, together with 2K and our cellular enterprise, at instances extra time is required to polish a title to make sure that it is launched in its absolute best kind. And naturally it’s going to launch in the identical fiscal yr because the prior date.”
Zelnick addressed the problem additional in Take-Two’s earnings name, saying the writer has “by no means regretted” transferring a launch date “on reflection.”
“The drivers are a want to ship as excellent an leisure expertise as we probably can and to strive to reside up to customers’ extraordinary expectations after which exceed these expectations,” he defined.
“It is at all times painful once we transfer a date. We have now executed so sometimes previously, and we have by no means regretted it on reflection. I would really like to level out that we’ve some opponents within the occasion the place extra polish was required and required slipping a date, they selected not to slip the date, they usually did so at their peril.”
Trying forward, Take-Two has raised its net bookings outlook for the complete monetary yr following “outperformance and better expectations for a lot of of [its] core franchises.”
It now expects between $6.4 billion and $6.5 billion, representing a 14% development.
“We have now nice confidence in our long-term pipeline and anticipate to obtain document ranges of net bookings in fiscal 2027 that we imagine will set up a brand new baseline for our enterprise, and set us on a path of enhanced profitability,” Zelnick concluded.