Take-Two Interactive expects a historic year as pre-orders for Grand Theft Auto VI reach unprecedented levels,
according to the company’s latest earnings report.
The publisher’s Q2 2027 earnings presentation indicated that the upcoming title is driving significant interest, reinforcing a fiscal year guidance range of $8 to $8.2 billion USD. Shacknews reported that the company anticipates net bookings between $3.35 billion and $3.5 billion.
Sales for the premium version of the game appear to be a primary driver of consumer interest. Earlier this year, reports suggested that nearly 90 percent of Grand Theft Auto 6 pre-orders were for the $100 Ultimate Edition. Shacknews noted that this specific package includes exclusive perks, such as access to exclusive in-game shops.
The surge in interest is also tied to expectations for recurrent consumer spending (RCS). The company is expecting a 12 percent increase in RCS, driven by what it described as significant growth
for the Grand Theft Auto series. Shacknews attributed this trend to sales of the GTA 6 Ultimate Edition.
While anticipation for the new title remains high, the company’s most recent quarter faced challenges from other segments. Inven Global reported that net bookings for the second quarter of the 2027 fiscal year, which ended on 30 September, were $1.60 billion. This figure represents an 18 percent decrease from the $1.96 billion reported a year earlier.
Take Two Interactive: "Pre orders for Grand Theft Auto VI are tracking far in excess of our initial expectations, and we know that the numbers will speak for themselves soon enough." pic.twitter.com/vvWzy93Xyo
GAAP net revenue also saw a decline, falling to $1.50 billion from $1.77 billion in the same period last year. The company posted a net loss of $54.0 million, or $0.29 per share, compared to a $133.9 million loss during the previous year. Inven Global noted that the shortfall was partly due to NBA 2K27 coming in below the company’s own forecast.
GamesBeat reports that despite selling more than four million units, the title missed expectations due in part to an unusually crowded launch window. Bloomberg reported that this shortfall was tied to the shadow GTA VI has cast over this year’s AAA releases.
A 9% drop occurred in recurrent consumer spending, which encompasses in-game purchases, add-on content, and virtual currency, accounting for 81% of net bookings. In order to combat this, 2K intends to add more content to NBA 2K27 during the second half of the fiscal year, such as new College Basketball modes, themed Seasons, and MyTeam additions.
The company’s full-year outlook remains tied to the upcoming release of Grand Theft Auto VI. Inven Global stated that the $8.0 billion to $8.2 billion net bookings guidance rests heavily on the title. Reuters reported that this range sits slightly below what Wall Street had expected. Sensor Tower data cited by Reuters estimated that worldwide digital pre-orders reached approximately 7.71 million as of 3 November.
The launch of Grand Theft Auto VI is ten days away and, with pre-orders continuing to reach unprecedented levels, we expect to deliver an historic year for our company,
chairman and CEO Strauss Zelnick, as reported by Inven Global
The game is scheduled to launch on PS5 and Xbox Series X|S on 19 November. In addition to GTA VI, the announced lineup from Take-Two features CSR 3, WWE 2K27, PGA TOUR 2K27, the next BioShock, and Judas from Ghost Story Games.
Following the earnings report, Take-Two Interactive (TTWO) finished the November 9, 2026 trading day down $7.47/share. At the time of this writing, the stock has recovered and is trading up $8.60/share.