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Take-Two Interactive (TTWO) Q2 2026 earnings results beat revenue expectations

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**Take-Two Interactive Reports Strong Q2 2026 Earnings Despite GTA 6 Delay and Controversy**

Take-Two Interactive, the parent company of Rockstar Games, 2K Games, and other major studios, has released its earnings report for Q2 2026, revealing a mixed but overall positive performance. The company reported a quarterly Net Bookings figure of $1.96 billion and GAAP net revenue of $1.77 billion—both showing year-over-year growth. However, despite beating revenue expectations, the company posted an EPS of $0.63 per share, falling short of Wall Street analysts’ estimate of $0.90 per share.

“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,” said Take-Two Interactive CEO Strauss Zelnick in the earnings report. “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.”

One major highlight from the report was the updated release date for Rockstar Games’ highly anticipated Grand Theft Auto VI. The company announced that GTA VI will launch on November 19, 2026. “We remain both excited and confident they will deliver an unrivalled blockbuster entertainment experience,” Zelnick added. Take-Two also expressed optimism about its future pipeline, calling it “the most robust in our company’s history,” and expects record levels of Net Bookings in Fiscal 2027 that will drive enhanced profitability.

Take-Two attributed its recent revenue boost to the successful releases of *Borderlands 4*, *NBA 2K26*, and *Mafia: The Old Country*. The company’s catalog of evergreen titles, including *Grand Theft Auto 5*, *Red Dead Redemption 2*, and the Zynga portfolio, also contributed significantly to the quarterly results.

Looking forward, Take-Two is gearing up for the launch of several upcoming titles such as *Ghost Story Games’ Judas*, *WWE 2K Mobile* for Netflix, and of course, *Grand Theft Auto VI*. However, the announcement of the GTA 6 delay came amid turbulence, including multiple employee terminations and allegations of union-busting within the company.

Take-Two responded with a statement explaining that the firings were related to leaks of confidential information. Meanwhile, union organizers from the Independent Workers’ Guild of Britain (IWGB) rallied outside Take-Two’s London offices before the company’s earnings call on Thursday, demanding reinstatement of the dismissed employees.

The market reacted negatively to the GTA 6 delay and associated controversies. Take-Two’s stock closed down $2.36 per share on Thursday, November 6. In after-hours trading, the stock price plunged further by as much as $40 per share, currently hovering between $17 and $18 per share at the time of this publication.

Stay tuned for more updates as Take-Two Interactive continues to navigate a competitive gaming market with bold new releases amid internal challenges.
https://www.shacknews.com/article/146723/take-two-interactive-q2-2026-earnings-report

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