Updated Mar 21, 2026 by Take-Two Interactive
Take-Two Interactive scheduled the release of Grand Theft Auto VI for November 19, 2026, anchoring the company's expectation for record Net Bookings in fiscal year 2027.
Net Bookings for the second quarter of fiscal 2026 rose 33% year-over-year to $1.96 billion, driven by NBA 2K, Borderlands 4, and a strong mobile portfolio.
The company significantly narrowed its net loss to $133.9 million for the quarter, down from $365.5 million in the same period last year.
Management raised fiscal year 2026 Net Bookings guidance to a range of $6.4 billion to $6.5 billion, with projected EBITDA between $579 million and $637 million.
Digital online channels generated 95% of total revenue, while console platforms reclaimed the lead in the mix, accounting for 46% of total bookings.
The company achieved positive EBITDA of $342.1 million for the first half of the fiscal year and increased its cash and equivalents to $1.96 billion.
Take-Two Interactive scheduled the release of Grand Theft Auto VI for November 19, 2026, anchoring the company's expectation for record Net Bookings in fiscal year 2027.
Net Bookings for the second quarter of fiscal 2026 rose 33% year-over-year to $1.96 billion, driven by NBA 2K, Borderlands 4, and a strong mobile portfolio.
The company significantly narrowed its net loss to $133.9 million for the quarter, down from $365.5 million in the same period last year.
Management raised fiscal year 2026 Net Bookings guidance to a range of $6.4 billion to $6.5 billion, with projected EBITDA between $579 million and $637 million.
Digital online channels generated 95% of total revenue, while console platforms reclaimed the lead in the mix, accounting for 46% of total bookings.
The company achieved positive EBITDA of $342.1 million for the first half of the fiscal year and increased its cash and equivalents to $1.96 billion.