Take-Two Interactive has released its earnings report for Q2 2026, showcasing strong financial performance with positive numbers that beat revenue and EPS expectations.
The parent company of Rockstar Games, 2K Games, and other major studios reported a quarterly Net Bookings figure of $1.96 billion USD and a GAAP net revenue of $1.77 billion. Both figures represent growth year-over-year. However, the earnings per share (EPS) came in at $0.63, falling short of the $0.90 per share estimated by Wall Street analysts.
“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,” Take-Two Interactive CEO Strauss Zelnick said in the 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 unrivalled blockbuster entertainment experience. 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 the recent successes of titles such as Borderlands 4, NBA 2K26, and Mafia: The Old Country for driving its latest revenue growth. Additionally, perennial favorites like Grand Theft Auto 5, Red Dead Redemption 2, and its Zynga catalog continue to contribute significantly.
Looking ahead, the company anticipates strong performance from upcoming releases, including Ghost Story Games’ Judas, WWE 2K Mobile for Netflix, and Grand Theft Auto 6. Although GTA 6 is expected to be a major revenue driver, its release date was officially delayed to November 19, 2026. This announcement comes amid recent employee layoffs and allegations of union busting, creating a controversial backdrop to the delay.
Take-Two stated that the firings were due to leaked confidential information. Meanwhile, IWGB union organizers held demonstrations outside Take-Two’s London offices before Thursday’s earnings call, demanding the reinstatement of the affected employees.
Following the announcement, Take-Two’s stock closed down $2.36 per share on Thursday, November 6, likely impacted by the GTA 6 delay. After-hours trading saw a dramatic plunge, with shares falling as much as $40 per share and currently hovering between $17 and $18 per share at the time of this report.
Overall, despite some challenges, Take-Two Interactive remains optimistic about its future, bolstered by a strong game pipeline and raised revenue forecasts heading into Fiscal Year 2027.
https://www.shacknews.com/article/146723/take-two-interactive-q2-2026-earnings-report
