TLDR
- Take-Two Interactive postponed Grand Theft Auto VI to November 19, 2026, marking the second delay for the franchise’s most awaited release
- Q2 fiscal 2026 net bookings hit $1.96 billion, up 33% year-over-year and exceeding company projections
- Full-year fiscal 2026 net bookings guidance increased to $6.4-$6.5 billion from prior $6.05-$6.15 billion estimate
- Recurrent consumer spending rose 20% and made up 73% of total net bookings
- Stock declined over 7% in after-hours trading following the delay announcement
Take-Two Interactive announced a second delay for Grand Theft Auto VI. The game now launches November 19, 2026.
The previous release date was May 26, 2026. Fans have been waiting over a decade for the next GTA installment.
Take-Two Interactive Software, Inc., TTWO
Shares fell more than 7% in extended trading. The delay overshadowed otherwise strong quarterly results.
Rockstar Games issued an apology to fans. The developer said extra time ensures proper polish and quality.
Grand Theft Auto V launched 13 years ago. It became one of the most profitable video games in history.
Record-Breaking Q2 Financial Performance
The company delivered strong fiscal Q2 2026 results. Net bookings reached $1.96 billion, beating guidance.
This represents 33% growth compared to last year. Multiple revenue streams contributed to the increase.
Recurrent consumer spending jumped 20% year-over-year. This category represented 73% of total net bookings.
NBA 2K26 drove revenue growth. Borderlands 4 and Grand Theft Auto Online also contributed.
The company posted a GAAP net loss of $133.9 million. Loss per share improved from $2.08 to $0.73 year-over-year.
Upgraded Full-Year Outlook
Take-Two raised its fiscal 2026 net bookings forecast. The new range is $6.4 billion to $6.5 billion.
The prior forecast was $6.05 billion to $6.15 billion. Strong mobile and premium title performance drove the increase.
CEO Strauss Zelnick expects record net bookings in fiscal 2027. The company has a robust pipeline of upcoming releases.
Mobile gaming and live services continue performing well. The company sees ongoing success across multiple platforms.
GTA VI Delay Strategy
Analysts support the development timeline extension. D.A. Davidson & Co analyst Wyatt Swanson noted rushed games rarely reach full sales potential.
The game is expected to generate billions in early sales. Industry experts predict it will drive console and hardware upgrades.
Players face a six-month wait beyond the previous date. The November 2026 release gives developers additional polish time.
The delay disappoints millions of franchise fans. However, quality delivery remains the priority.
Take-Two operates through Rockstar Games, 2K, and Zynga labels. The company creates entertainment experiences across multiple platforms.
The fiscal Q2 results demonstrate business strength. Revenue growth continues across key segments.
The post Take-Two Interactive (TTWO) Stock: GTA VI Delay Triggers 7% Share Drop Despite Earnings Beat appeared first on Blockonomi.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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