Rockstar Video games’ “Grand Theft Auto 6″ remains to be on observe for its Nov. 19 launch however doesn’t but have an introduced value. And that reveal isn’t coming together with dad or mum firm Take-Two Interactive‘s earnings outcomes at this time.
“No,” Take-Two Interactive CEO Zelnick advised Selection, when requested throughout an interview Thursday if a “GTA 6” pricing announcement can be coming tied to the corporate’s earnings launch this afternoon. “We by no means make advertising bulletins in our analyst calls. By no means ever ever.”
Although no value has been revealed (and gained’t be coming at this time, per Zelnick) Take-Two has confirmed developer Rockstar Video games will start advertising the title, which is anticipated to be one of many largest video video games ever, this “summer time.”
However summer time technically begins on the finish of June, which means that advertising isn’t beginning imminently, Zelnick mentioned: “So the following few weeks I don’t suppose it’ll be summertime but, however when it’s summertime, Rockstar expects to begin advertising ‘GTA 6.’”
On the subject of the quite a few “GTA 6” rumors which have been going round in current weeks concerning pre-orders opening for the sport, pricing and even the potential for the sport to be delayed once more, Zelnick mentioned: “I feel reiterating November 19 as is a launch day at this time might be a optimistic. I feel we’ve been actually clear that we’re releasing the title on November 19.”
Take-Two reported its newest quarterly earnings outcomes Thursday, which included full-year steering for its new fiscal 12 months (which runs April 1, 2026-March 31, 2027). With out having a public value for “GTA 6” but, how is Take-Two capable of present its projection of between $8 billion and $8.2 billion, a rise of 20% over the past 12 months?
“So, each time we put collectively our steering, clearly based mostly on our expectations concerning our pipeline, launch schedule and pricing, and generally our count on expectations can can’t be realized within the fullness of time, that could possibly be as a result of the title is delayed, or pricing modifications, or unit gross sales, expectations change,” Zelnick defined. “However sure, in fact, after we construct our mannequin, which is used to create steering, it does have full assumptions in it. Even when we made assumptions, that doesn’t imply that they’re set in stone.”
Together with the discharge of “GTA 6” this fall, Take-Two is prepping for the September launch of 2K’s “NBA 2K27.”
For the January-March quarter, Take-Two’s forecast was internet income between $1.57 billion and $1.62 billion and a internet lack of 70 cents and 54 cents per share, or $129 million and $99 million.
Wall Avenue forecast a GAAP lack of earnings per share (EPS) of 52 cents on $1.55 billion in income, in keeping with analyst consensus knowledge offered by LSEG. Take-Two reported a GAAP loss per share of 32 cents on $1.58 billion in internet bookings (flat from the comparable quarter final 12 months) and $1.68 billon in GAAP internet income.
In February, Take-Two projected whole internet income for the fiscal 12 months between $6.55 billion and $6.6 billion and a internet loss per share between $2 and $1.84, or a internet lack of $369 million and $338 million.
Take-Two reported its full fiscal 12 months (April 1, 2025-March 31,2026) outcomes got here out to $6.72 billion in internet bookings (up 19% 12 months over 12 months) and GAAP internet income of $6.66 billion (+18%). Web loss was $298.2 million, or $1.62 per share.
For the present April 1-June 30 quarter, Take-Two tasks internet bookings between $1.32 billion and $1.37 billion.
Extra to come back…