Take-Two Interactive has released its earnings report for the second quarter of Fiscal Year 2026, showcasing positive results that beat revenue and EPS expectations. The parent company of Rockstar Games, 2K Games, and other prominent studios reported a quarterly Net Bookings figure of $1.96 billion USD and a GAAP net revenue of $1.77 billion. Both metrics reflect year-over-year growth.
However, the earnings per share (EPS) came in at $0.63, which fell short of Wall Street analysts’ estimate of $0.90 per share.
“We achieved outstanding second quarter results by releasing new hit titles, driving innovation in live services, and maintaining our commitment to developing the highest quality products,” said Take-Two Interactive CEO Strauss Zelnick in the company’s Q2 2026 earnings report.
He added, “With momentum across our business, particularly in mobile and NBA 2K, we are raising our Fiscal Year 2026 Net Bookings forecast for the second consecutive quarter. Rockstar Games will now release Grand Theft Auto VI on November 19, 2026, and we remain both excited and confident they will deliver an unrivaled blockbuster entertainment experience.”
Looking ahead, Zelnick emphasized, “With the most robust pipeline in our Company’s history, we expect to achieve record levels of Net Bookings in Fiscal 2027, which will establish a new baseline for our business and set us on a path of enhanced profitability.”
Take-Two credited recent releases such as Borderlands 4, NBA 2K26, and Mafia: The Old Country for driving the latest revenue growth. Additionally, enduring franchises like Grand Theft Auto 5, Red Dead Redemption 2, and titles from the Zynga catalog continue to contribute significantly to the company’s financial performance.
The company is also gearing up for an exciting slate of upcoming titles, including Ghost Story Games’ Judas, WWE 2K Mobile for Netflix, and the highly anticipated Grand Theft Auto 6. While GTA 6 is expected to be a major revenue driver, its official release date has been delayed to November 19, 2026.
This delay comes amid reports of numerous employee firings and allegations of union busting. Take-Two issued a statement attributing the employee terminations to leaked confidential information. Prior to the earnings call on Thursday, IWGB union organizers gathered outside Take-Two’s London offices to demand the reinstatement of those employees.
The market reaction to the GTA 6 delay was swift. Take-Two’s stock closed down $2.36 per share on Thursday, November 6. In after-hours trading, the decline intensified dramatically, at one point falling by as much as $40 per share, currently trading between $17 and $18 per share at the time of this report.
https://www.shacknews.com/article/146723/take-two-interactive-q2-2026-earnings-report
