Take-Two's 21 May 2026 earnings release named 19 November as GTA VI's launch and kept its fiscal 2027 outlook at $8.0 to $8.2 billion in Net Bookings. It did not disclose GTA VI sales expectations, pricing or pre-order timing in the release. Pre-orders were later opened by Rockstar on 25 June 2026.
What the release confirmed
| Item | Status | Detail | Source |
|---|---|---|---|
| GTA VI launch date | Confirmed | The release describes fiscal 2027 as driven by the November 19 launch of Grand Theft Auto VI. | Take-Two Q4 FY2026 release, 21 May 2026 |
| FY2027 Net Bookings outlook | Confirmed | $8.0 to $8.2 billion, reiterated. | Take-Two Q4 FY2026 release, 21 May 2026 |
| Q4 FY2026 Net Bookings | Confirmed | $1.58 billion, flat on the prior year's fourth quarter. | Take-Two Q4 FY2026 release, 21 May 2026 |
| Recurrent consumer spending | Confirmed | Grew 7% and was 82% of Q4 Net Bookings. | Take-Two Q4 FY2026 release, 21 May 2026 |
| GTA VI unit sales forecast | Not disclosed | Take-Two gave a company-wide Net Bookings outlook, not a GTA VI unit or revenue figure. | — |
| Marketing budget | Not disclosed | Figures quoted elsewhere are estimates, not company statements. | — |
| Analyst targets and consensus | Not official | Third-party opinion. Not reproduced here. | — |
How to read Net Bookings
Net Bookings is Take-Two's measure of the sales of its games and services in a period across all titles, including recurrent spending on existing games. The $8.0 to $8.2 billion outlook covers the whole company for the fiscal year to March 2027, so it cannot be divided into a GTA VI unit count without assumptions Take-Two has not published. Any unit figure you see attached to it is an estimate.
What has happened since
Pre-orders opened on 25 June 2026 and Take-Two reiterated the launch date and outlook again on 7 August. See the Q1 FY2027 update and the pre-order and price guide. For earlier date changes, see the delay timeline.
Sources: Take-Two, results for Q4 and fiscal year 2026 (21 May 2026), same release as filed with the SEC (Form 8-K), Rockstar Newswire, pre-orders (25 June). Researched from official pages; checked 28 September 2026. The release (Exhibit 99.1 to the 21 May 2026 Form 8-K) was read in full on 28 September 2026; the figures above are taken from it. The call itself was not listened to or transcribed, so nothing here is attributed to what executives said on the call.
