Losses increased despite pre-orders for GTA VI — key points from Take-Two’s quarterly report

Take-Two Interactive reported its earnings for the first fiscal quarter of 2027, which lasted from April 1 to June 30, 2026. We have selected the main points from the document.

GTA VI

• The company’s quarterly revenue was $1.53 billion, which is 2% higher than the previous year. Initially, Take-Two had forecasted a decline, but ultimately managed to slightly increase its revenue.
• The size of Take-Two’s net bookings (deferred revenue) decreased by 3% to $1.39 billion.
• 84% of Take-Two’s revenue came from what is known as recurrent consumer spending—sales of DLCs, microtransactions, in-game advertising, and other similar items.
• Mobile games were the main revenue source for Take-Two in the last quarter, bringing in $762.3 million. However, this amount was down 5% compared to the previous year.
• Console games accounted for an additional $640.5 million (+16%), while PC games contributed $131.1 million (-13%).
• Take-Two has yet to break into profitability. By the end of the quarter, its net losses increased by 186% to $34.1 million. As the company explained, this was partly due to its decision to cease involvement in the development of an unannounced game from a third-party studio.
• Take-Two did not disclose any details about the preorder levels for GTA VI. However, it confirmed that the game is still scheduled for release on November 19.

Updated sales and download statistics for some Take-Two Interactive games

• GTA V — 230 million copies. The entire series — 475 million copies.
• Red Dead Redemption 2 — 87 million copies. The entire series — 116 million copies.
• NBA series — 175 million copies.
• Downloads of Rollic Games’ mobile titles exceeded 3.9 billion. Specifically, Color Block Jam accumulated 72 million downloads, Timeline Up! — 17.8 million downloads, Crowd Express — 9.3 million downloads, Gecko Out — 8.5 million downloads, and Knit Out — 6.8 million downloads.