Take-Two’s second-quarter bookings fell as it keeps $8 billion–$8.2 billion full-year outlook
Take-Two Interactive reported lower net bookings and revenue for its fiscal second quarter, ended September 30, 2026. The company reiterated its fiscal 2027 net bookings forecast of $8.0 billion to $8.2 billion and said Grand Theft Auto VI was due to launch in 10 days, with pre-orders at unprecedented levels, according to CEO Strauss Zelnick.
Key details
- Net bookings were $1.60 billion, down 18% from $1.96 billion in the same quarter last year.
- Recurring consumer spending fell 9% and made up 81% of net bookings.
- GAAP net revenue was $1.50 billion, compared with $1.77 billion a year earlier. Recurring consumer spending declined 5% and accounted for 81% of revenue.
- Take-Two reiterated its fiscal 2027 net bookings outlook of $8.0 billion to $8.2 billion. The announcement said the company had updated its outlook but did not provide further detail on what changed.
- The company’s biggest contributors to quarterly bookings included NBA 2K, the Grand Theft Auto series, Toon Blast, Match Factory!, Empires & Puzzles, the Borderlands franchise, Words With Friends, the Red Dead Redemption series, Color Block Jam, WWE 2K and Zynga Poker.
- Zelnick said Take-Two aims to build on the coming year through new game releases, expansion into new business opportunities and geographic markets, and acquisitions that add to earnings potential.
The quarter’s figures show lower bookings and revenue than a year earlier, while recurring consumer spending remained the largest component of both. Take-Two’s reiterated full-year bookings range comes as the company approaches the launch of Grand Theft Auto VI.