Take-Two Annual Report: Losses Reach $4.5 Billion, GTA VI Unlikely to Be Delayed Again
Take-Two Interactive shared its report for the 2025 fiscal year (April 2024 — March 2025). Its revenue increased, but significant losses were unavoidable. The company also shared new data on game sales and mentioned that another delay in GTA VI is unlikely.
GTA VI
Main Figures for the Year
- Compared to last year, Take-Two Interactive’s revenue grew by 5%, reaching 5.63 billion dollars.
- Digital game sales accounted for 96% of Take-Two Interactive's revenue.
- The breakdown by platform is as follows: 52% from mobile games, 37% from console games, 11% from PC games.
Take-Two Interactive revenue in 2024 and 2025 fiscal years, plus forecast for the 2026 fiscal year
- The company's net losses amounted to 4.48 billion dollars. It lost 19.7% more than a year ago and 300% more than two years ago.
- The annual performance of several games from 2K, Rockstar Games, and Zynga exceeded Take-Two Interactive’s expectations. The company specifically noted a 23% increase in revenue from Red Dead Redemption 2 and the successful release of the mobile puzzle Color Block Jam.
- Mafia: The Old Country is doing well in pre-orders. The new Mafia, along with Borderlands 4, is among the top releases for Take-Two Interactive in the current fiscal year, which will end on March 31, 2026 (i.e., before the release of GTA VI).
- By March 31, 2026, Take-Two Interactive plans to release 13 games, and by March 31, 2028, 38 games.
Take-Two Interactive games pipeline up to the 2028 fiscal year
- The report mentions that active development of GTA VI began in 2020. In a separate interview with IGN, the head of Take-Two Interactive, Strauss Zelnick, said he is quite confident in the game’s May release. According to him, if the company officially announces a specific release date, it usually doesn’t change it.
- Zelnick also explained that the new tariffs in the US are unlikely to significantly impact Take-Two Interactive’s business.
- Due to the postponement of GTA VI from fall 2025 to May 26, 2026, the current fiscal year will not be as successful for Take-Two Interactive as anticipated. Nevertheless, the company forecasts revenue growth, expecting profits in the range of 5.95-6 billion dollars. According to Bloomberg, analysts hoped to see a forecast of 7.8 billion dollars.
Updated Sales and Download Data for Take-Two Interactive Games
- GTA V — 215 million copies. The entire series — 450 million copies.
- Red Dead Redemption 2 — 74 million copies. The entire series — 100 million copies.
- NBA 2K25 — 10 million copies. The entire series — 160 million copies.
- The Borderlands series — 93 million copies.
- The Sid Meier’s Civilization series — 76 million copies.
- Downloads of Zynga's hyper-casual games exceeded 3.7 billion. Specifically, Color Block Jam reached 20 million downloads, Seat Away had 17.9 million downloads, Bus Jam had 15.5 million downloads, Screw Jam had 9 million downloads, and Timeline Up! had 6 million downloads.