Publisher reiterates full-year net bookings outlook of $8 billion to $8.2 billion ahead of GTA 6’s launch next week
Image credit: Rockstar Games
Take-Two Interactive has published its financial results for its second fiscal quarter, with net bookings down 18% to $1.60 billion and net revenue down 16% to $1.50 billion.
Net bookings came in slightly below the $1.62 billion to $1.67 billion the publisher had advised. Take-Two said NBA 2K27 had the second-highest net bookings launch in the series’ history, but still fell short of its forecast for the period.
The company has kept its full-year net bookings outlook at $8 billion to $8.2 billion, with Grand Theft Auto 6 due to launch on November 19.
Here’s what you need to know:
The numbers
- Net revenue: $1.50 billion (down 16% year-on-year)
- Net loss: $54 million (compared to $133.9 million loss in the year-ago quarter)
- Total net bookings: $1.60 billion (down 18% year-on-year)
The highlights
NBA 2K27 has sold over 4 million units since its September 4 launch. Take-Two said the launch window was “unusually busy,” and expects net bookings and engagement to pick up in the second half of the fiscal year as more post-launch content arrives.
